Archive for March 2021
Latest bid to acquire ODP Corp. includes Office Depot’s Florida HQ
Sycamore Partners first proposed a $2.1 billion buyout of ODP Corp. in early January. Read More
Read MoreLife-science developer pitches more lab near Fenway Park
IQHQ REIT bought 109 Brookline Ave. last year and now plans to build a 250,000-square-foot lab there. Read More
Read MoreFormer Akamai chief security officer launches leadership training business
After over 20 years at the Cambridge-based Internet giant (Nasdaq: AKAM), former chief security officer Andy Ellis is launching Duha Inc., a subscription-based leadership training program he co-founded with his wife of 18 years, Gisele. With a dozen participants in its current beta, self-funded Duha is based out of the couple’s Winchester home and plans…
Read MoreFederal lawmakers ‘furious’ about MBTA service cuts
Members of the state’s Congressional delegation will have "hard discussions" with the MBTA and Gov. Charlie Baker in hopes of encouraging the transit agency to back off of service cuts, U.S. Rep. Stephen Lynch said. Read More
Read MoreSomerville site, family-owned since 1910, could become lab campus
The 4.1-acre site at 480 Columbia St. in Somerville is listed for sale, and could house up to 1.2 million square feet of lab space. Read More
Read MoreIndian biopharma spins out Cambridge oncology startup
A Cambridge startup is eyeing a new method of treating solid tumors: combining targeted therapies and immunotherapies into a single antibody. Read More
Read MoreCell and gene therapy startup raises $525M
ElevateBio, the Cambridge-based cell and gene therapy company founded by former executives from Alexion Pharmaceuticals and bluebird bio, has raised $525 million in a Series C round as it plans to expand its drug programs, manufacturing capacity and partnerships. Read More
Read MoreConvenience-store chains emerge from pandemic in hyper-growth mode
Convenience-store chains already were well positioned to thrive in a pandemic, offering a mix of consumer staples in easy- to-access locations that enabled households to avoid more congested grocery and big-box stores. Fueled by consumer habits in response to the coronavirus, they now are doubling down on a formula of high-margin products and low-overhead operations…
Read MoreCannabis industry mostly white as diversity plans draw scrutiny
The Massachusetts cannabis industry has struggled with diversity, with recent data showing that 73.5% of staff at marijuana companies identify as white, and 34.3% of staff at recreational facilities identify as female. Read More
Read MoreTax cut clawback looms as new federal wildcard
States that do use federal relief funds to offset a tax cut "either directly or indirectly" will be forced to pay back the amount they used. Read More
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