Archive for June 2021
Boston-area companies take steps to shrink the racial wage gap
As a new report suggests that the wage gap between Black and white workers remains large, two local employers that have taken recent steps to eliminate that disparity spoke the the Business Journal about those actions. Read More
Read MoreFive things you need to know today, and I’m in the club. Are you?
Good morning, Boston. Here are the 5 Things You Need to Know, plus new VC financings, new coaches and my not-so-early introduction to Clubhouse. Read More
Read MoreArie Belldegrun’s venture capital firm raises third and largest fund
Four years after it first launched, Vida Ventures, the venture capital firm co-founded by biotech veteran turned real estate developer Arie Belldegrun, has closed its third fund at $825 million — its largest fund to date. Read More
Read MoreFormlabs hires new CFO from SharkNinja
Daniel O’Shaughnessy, 32, started at the Somerville-based 3D printing firm in late May, reporting to Formlabs CEO Max Lobovsky and leading a team of about 30 people. He has experience in both mergers and acquisitions, and also IPOs. Read More
Read MoreSkanska offers new vision for proposed Back Bay tower
Boston-based architecture firm CBT designed the first version of a proposed office tower at 380 Stuart St. in Boston’s Back Bay with Chicago’s Skidmore Owings & Merrill in 2015. Read More
Read MoreTop Democrats oppose Baker on two-month sales tax holiday
Two committee leaders from the state Senate called the governor’s proposal a gimmick, saying the $900 million in tax revenue at issue could be spent in better ways. Read More
Read MoreHere are some of the largest minority-owned businesses in Mass.
The Business Journal’s annual ranking of the largest minority-owned businesses in Massachusetts – its second year as a standalone list – continues to showcase the remarkable diversity of companies owned and operated by people of color in the commonwealth. Read More
Read MoreSBA upped its EIDL limit months ago. How’s it impacting borrowers?
Thousands of borrowers have cashed in with the SBA’s increase in EIDL loan limits. An even larger increase is on the horizon, SBA officials tell The Business Journals. Read More
Read MoreSBA restores council aimed at improving access to capital for underserved communities
Black- and Hispanic-owned businesses have lagged in access to loans. The SBA is restoring a council that aims to address the gap. Read More
Read MoreAs airline travel surges, passengers are greeted by stripped-down service and familiar faces
Having since navigated the worst of the crisis, carriers today are emerging from various degrees of shelter with eyes trained on growth; as of this month, domestic capacity measured in passenger seats was at 85% of prepandemic levels. Read More
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