Archive for October 2020
Developer’s super PAC in midst of pre-election spending spree
A super PAC run by a Leominster developer with ties to Gov. Charlie Baker has raised more than $652,000 since the primary election, and has begun spending heavily on digital advertising and direct mail. Read More
Read MoreBerkshire Bank names a new Boston president
Berkshire Bank has a new regional president for the Boston region, though it’s still on the lookout for a new chief executive. Read More
Read MoreProfessional Bank to enter Northeast market with loan production office
Professional Bank has just over $2 billion in assets and $1.5 billion in deposits. Read More
Read MoreRaytheon among contractors slapped with China sanctions
Following last week’s proposed deal to sell a combined $1.8 billion in missile systems and other equipment to Taiwan, the three contractors were threatened with sanctions by China’s foreign ministry. Read More
Read MoreMassDevelopment CEO Lauren Liss to step down
The search for her replacement will be led by Gov. Charlie Baker’s housing and economic development chief, Mike Kennealy. Read More
Read MoreMIT CSAIL upgrades its self-driving boats to actually transport passengers
It’s two meters long, it drives itself, and it’s capable of carrying passengers. Meet the "Roboat II," the second iteration of an autonomous boat developed by researchers at MIT CSAIL and the Amsterdam Institute for Advanced Metropolitan Solutions. Read More
Read MoreBrigham and Women’s touts fundraising campaign as largest in Boston history
Brigham and Women’s Hospital said it pulled in $1.75 billion during its most recent fundraising campaign, a number that bests any other hospital’s campaign in Boston history. Read More
Read MoreHere’s one industry from which Rockland Trust is having trouble collecting on loans
As of Sept. 30, the bank faced deferrals on about half of its $420 million in loans to this one industry — far higher than other sectors hard-hit by the pandemic like restaurants and retail. Read More
Read MoreBoston nonprofit’s report spotlights areas of poverty, urges change in communities
Newly available research spotlights areas of concentrated poverty in what are termed “under-resourced communities” across the country, and the Boston-based group behind the effort is calling on municipal and local business leaders to address the challenges at hand. Read More
Read MoreBizSpotlight: Alpine Environmental
Founded in 1991, Alpine Environmental offers lead Read More
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