Archive for May 2021

Sky-high unemployment insurance bills are due June 1, but payroll service providers like ADP have already swept the money out of client accounts. As a result, businesses are facing a sudden and unexpected cash crunch, especially in low-margin sectors like the restaurant industry still struggling under Covid-19’s weight. Read More

Bluebird’s CEO Nick Leschly is leaving the nest to head up the gene therapy firm’s new, oncology-focused spinout — and he’s taking the rest of bluebird’s C-suite with him, the company announced Thursday. Read More

Massachusetts Gov. Charlie Baker announced another 108 businesses would receive a collective $5 million in small business grants under a COVID-19 grant program. Read More

The Boston-based insurer was hit with $1 billion in catastrophe losses in the first quarter, but they were more than offset by its investment gains. Read More

The Netherlands-based biotech with U.S. headquarters in Lexington has licensed its investigational gene therapy for hemophilia B to Pennsylvania’s CSL Behring for an upfront payment of $450 million, with an additional $1.6 billion in milestone payments, plus royalties. Read More

The fitness tracker maker is more than quadrupling its physical footprint in Boston. Read More

"Summer is the peak season for movers, and 2020 was definitely an ‘Indian summer,’ one that lasted much longer than usual due to pent-up demand,” said Oded Carmi, president of DN Van Lines Inc. and first VP of the Massachusetts Movers Association. Read More

Boston, Mass., May 5, 2021 – Forward Financing, a Read More

When studios and gyms in New York City closed completely last year, Chase Willman headed home to Cape Cod, where — within 24 hours — she messaged core clients to set up fitness classes via FaceTime. Read More

Clark University has received a $6 million gift from a late alumna to bolster the Worcester school’s arts program. Read More