Archive for June 2021
Boston Scientific acquires remainder of cardiac device maker for $295M
Boston Scientific has pulled the trigger on its option to acquire the remaining stake in Farapulse, a California-based maker of cardiac devices. The company had held a 27% stake in Farapulse since 2014; now, with an upfront payment of $295 million, Boston Scientific is the sole owner of Farapulse. Read More
Read MoreBen Franklin Institute gets $250K grant to boost diversity from Cruz Cos.
The Roxbury-based firm’s donation will be used to create an endowed scholarship to help students from Dorchester, Roxbury and Mattapan who study construction management, HVAC&R, practical electricity or a related program area at BFIT. Read More
Read MoreState regulators split on effects of United’s acquisition of Atrius Health
The state’s Health Policy Commission revealed a few new details this week about a deal in which nonprofit physicians group Atrius Health would be acquired by a for-profit subsidiary of UnitedHealthcare, but ultimately put off a decision on next steps, leaving it to the executive director’s discretion. Read More
Read MoreThese employees could make or break your company’s hybrid workplace
Companies across the nation are crafting their post-pandemic workplace plans. For those offering work-from-home flexibility, experts say these employees could make or break your company’s strategy. Read More
Read MoreHow a judge may have made return-to-office policies more complicated
A ruling by a Texas judge may look like it’s good news for employers, but the long-term impact on recruiting talent may suffer with crippling consequences. Read More
Read MoreFive things you need to know today, and so many more podcasts
Good morning, everyone! Here are the 5 Things You Need to Know to start your Friday, plus more podcast recommendations than you’ll have time to follow. Read More
Read MoreOp-ed: A healthy economy includes everyone
To date, the Foundation for Business Equity has worked with dozens of Black and Latinx small-business owners, bringing together strategic-advisory services and growth capital to help businesses grow revenue, create jobs and revitalize communities. Read More
Read MoreBoston’s industrial property rent growth among the highest in U.S.
The Boston market came in sixth in the nation after seeing a 14.8% year-over-year jump in base rents for industrial space, according to a new report from CBRE Group Inc., which used figures from late 2020 and the early months of 2021. Read More
Read MoreForm D Friday: Supply chain tracker maker raises $7.5M
Form D Friday is a Boston Business Journal feature highlighting regulatory filings from Boston-area companies raising capital for new projects or expanding their businesses. Read More
Read MoreMore supplier-diversity dollars being spent outside of Mass., new chamber data shows
Companies in the chamber’s Pacesetters program allocated 5.6% of nationwide contractor spending to minority business enterprises last year, according to new data. The percentage of spending in Greater Boston going to local minority-owned firms was significantly lower than that. Read More
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