Archive for April 2021

Ventus Therapeutics, the immunology startup launched last May and headed up by former Purdue chief medical officer Marcelo Bigal, has raised another $100 million to bring its drugs into the clinic by the end of 2022. Read More

Eastern Bank’s parent company has agreed to acquire Century Bank’s parent in an all-cash deal. The transaction would bring together two of the region’s largest lenders just months after Eastern went public. Read More

In rating O’Hanley’s performance, State Street board members found that the company’s overall financial performance met expectations in 2020, according to a proxy filing. State Street grew fee revenues and cut expenses, but low interest rates caused its net interest income to fall significantly. Read More

After being acquired last year by Bright Horizons, Sittercity has a new CEO. Read More

Shortly before he left office, Mayor Marty Walsh issued an executive order that calls on the city to allocate at least 25% of its contractor spending to minority- and women-owned businesses, including at least 10% for minority-owned firms. Acting Mayor Kim Janey did not alter that target on Wednesday, though she introduced other initiatives. Read…

Former New England Patriots quarterback Tom Brady is launching another venture, this time with the three co-founders of Boston-based DraftKings in an advisory role. Read More

The proposed 17-story office, with accompanying Seaport Performing Arts Center at 1 Boston Wharf Road, received a key approval. Read More

The Boston-based company revealed plans to hire roughly 3,500 customer-facing employees nationwide over the next six months, including 1,000 licensed financial planners who will mostly work remotely. Read More

Last week’s bombshell Superior Court decision invalidating Boston’s downtown municipal harbor plan leaves an enormous question mark over waterfront plans, not just in Boston but up and down the Massachusetts coast. With rising sea levels and cataclysmic storms more and more frequent, Massachusetts can’t afford to wait to take action to protect and plan for…

The agency said in a recent congressional hearing it would soon be able to turn more attention to forgiving larger loans. Read More