Putnam avoided ETFs for years. Here’s why that’s changing.

The Boston-based investment firm has long stuck to active management even as investors have socked huge amounts of money in ETFs and other passive products, which are typically less expensive. But in recent years, a new type of ETF structure has hit the market that allows stock pickers to actively add or exit investments. Putnam…

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Some hospitals offered high-risk groups early access to Covid vaccine

Some hospitals in Massachusetts received special state approval to vaccinate certain high-risk groups, such as organ transplant recipients and patients undergoing cancer treatments, ahead of the state’s phased approach. The high-risk groups differed by hospital, and not every hospital received the guidance to vaccinate some patients early. Indeed, some hospitals appear to have received special…

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HubSpot’s headcount grows by almost 25%

HubSpot Inc., one of the largest public companies in Massachusetts, grew its total number of employees by over 800 people, or almost 25%, over a year, in contrast to many businesses across the state resorted to layoffs and furloughs related to the pandemic. Read More

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Tripadvisor’s revenue plummets 61%

In recent months, Tripadvisor CEO Steve Kaufer has been pointing to pent-up travel demand that Tripadvisor is ready to capitalize on as soon as traveling will be safe. The company’s first direct-to-consumer subscription offering, which seeks to help travelers get better deals for their trips, will be "a key 2021 priority," executives wrote. Read More

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