Archive for July 2020
Form D Friday: Cotton biotech, mobile banking companies lead $29M fundraise
Form D Friday is a Boston Business Journal feature highlighting regulatory filings from Boston-area companies raising capital for new projects or expanding their businesses. Read More
Read MoreNew book dishes on why GE left Connecticut for Boston
A new book by two Wall Street Journal reporters explores what led to GE’s downfall, while sprinkling in reporting on the company’s big move to Boston. Read More
Read MoreMass. officials flag parties as problem as Covid-19 cases rise
"It’s a slow creep, so what we’re saying is we want the slow creep to stop and start trending back down," Massachusetts Health and Human Services Secretary Marylou Sudders said. Read More
Read MoreOp-Ed: PPP forgiveness is problematic and should be fixed
The SBA should act immediately to address this problem. Congress should amend the legislation to the extent necessary. Failure to act will lead to a crisis later this year as many small businesses will be unable to maintain pre-pandemic salary and employment levels once their PPP loans have run out. Read More
Read MoreBrigham and Women’s CEO steps down from board of Moderna
Betsy Nabel, the president of Brigham and Women’s Hospital, has stepped down from the board of directors for Moderna Inc., the pharmaceutical giant that is conducting a clinical trial at the hospital for a promising coronavirus vaccine. Read More
Read MoreThe week in bankruptcies: One local company files for protection
This week in Boston business bankruptcies include Town Hospitality Group Inc. For the year, Boston has recorded 63 business bankruptcy filings. Read More
Read MoreFormer Boston Properties exec joins The Davis Cos.
Boston-based real estate development firm The Davis Cos. has a new incoming managing director and chief development officer. Read More
Read MoreMass. banks report commercial loan deferrals dropping off
Still, more loan modifications will be needed this summer, especially for the struggling hotel industry, according to local banking executives. Read More
Read MoreLinda Henry says Globe executive team is undergoing ‘realignment’
Following the sudden departure of the Boston Globe’s president on July 1 and subsequent questions about the company’s leadership, Managing Director Linda Henry said this week that the media company is “working on some realignment” and looking to fill top executive positions. Read More
Read MoreTripadvisor CEO calls for ‘enforcement of competition’ after Big Tech hearing
The chief executive of one of the largest public technology companies in Massachusetts is taking the side of Congress on some of the anti-competitive practices that were discussed during this week’s "Big Tech" congressional hearing, citing "Google’s deceptive efforts." Read More
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