Archive for December 2020
Small colleges landed more than $1.2B in PPP funds amid spring-semester swoon
Many of the schools to receive PPP funds also were among the 419 colleges and universities on cash-management programs implemented by the U.S. Department of Education. Read More
Read MoreCIC opens another Covid testing site, in Newton
It was only a few months ago that CIC began its unlikely journey in the health care sector. Now it’s operating 180 sites for businesses and other institutions, including a new location open to the public in Newton. Read More
Read MoreAG’s office urges Harvard Pilgrim, Tufts to give savings to customers
The office has laid out several stipulations for the proposed merger between Harvard Pilgrim Health Care and Tufts Health Plan, including that the new entity remain a non-profit and pass along savings to customers. Read More
Read MoreFive things you need to know today, and a better way to buy cookies
Good morning, friends. RIP, Squiggy. Here are the five things you need to know to get your busy business day started, plus the true cost of the 12 days of Christmas and which Girl Scout cookie is your favorite? Read More
Read MoreMGH infectious disease head Rochelle Walensky to head CDC
Rochelle Walensky, the chief of infectious diseases at Massachusetts General Hospital, will head the Centers for Disease Control and Prevention under President-elect Joe Biden’s administration, according to multiple news outlets. Read More
Read More‘Capacity disaster’ at hospitals prompts expansion, decreased surgeries
MGH is looking at ER expansions in the middle of the pandemic to ease volume pressures. Other hospitals are dialing back the number of planned procedures to start to free up beds. Read More
Read MoreNew Balance closes Boston factory, lays off dozens
New Balance Athletics, the Boston-based sportswear manufacturer, plans to close its factory in the city’s Brighton neighborhood. Read More
Read MoreWebster Bank to close 27 branches in Mass., two other states
The Connecticut-based bank is the latest local lender to disclose upcoming branch closures. Read More
Read MoreBoston Properties sued by office tenant seeking rent abatement
A provision in its lease entitles this Boston Properties’ tenant to have a majority of its rent abated as a result of Covid-19, the lawsuit alleges. Read More
Read MoreThe week in bankruptcies: Two local companies file for protection
This week in Boston business bankruptcies include Maguire Kennel Inc. and Advanced Molar Innovation Inc.. For the year, Boston has recorded 91 business bankruptcy filings. Read More
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