Archive for July 2021
Liberty Mutual agrees to acquire Ohio-based insurer
The transaction marks the Boston-based firm’s largest acquisition of a U.S. personal lines and small commercial insurance business since its landmark Safeco Insurance deal in 2008. Read More
Read MoreThe Interview: Babson’s Steve Spinelli on the business degree of the future and this year’s ‘scary’ incoming class
A co-founder of Jiffy Lube International and the current chairman of the Planet Fitness gym franchise, Spinelli predicts international partnerships and collaborations with private companies will be prioritized over new campus outposts. Read More
Read MoreState’s $48.1B budget passes with unanimous support
The revised spending plan calls for permanently enshrining the state’s controversial film tax credit program, continuing to delay implementation of a charitable giving tax deduction, and setting aside $350 million to buttress a multi-year education funding reform law. Read More
Read MoreSherlock Biosciences’ founding CEO steps down as startup expands mission
Just over a year after Sherlock Biosciences won the first-ever U.S. Food and Drug Administration approval for any CRISPR-based technology, the startup’s co-founder and CEO, Rahul Dhanda, is stepping down. Read More
Read MoreFive things you need to know, and a new purpose for old clothes
Good morning, Boston. Here are the five most important things you need to know to start your day, plus Black Widow, the Vax Bus, Clarkson’s Farm and what to do with those old face masks. Read More
Read MoreMass General Brigham buys former MassLottery property in Braintree
Mass General Brigham has purchased the former site of its regional office in Braintree for $14 million with plans to consolidate its physician practices in the south shore. Read More
Read MoreBoston private equity firm buys Charlotte-based ball bearing maker
Audax Private Equity has purchased a controlling interest in a Charlotte, North Carolina-based maker of ball bearings and other mechanical power transmission components from Incline Equity Partners in Pittsburgh. Read More
Read MoreSBA preparing new PPP loan forgiveness portal for small businesses
Many small businesses have been hoping for a more streamlined PPP loan forgiveness option. A new portal from the SBA could be part of the answer. Read More
Read MoreMass. restaurant companies approved for $993M in pandemic aid
More than 2,500 restaurant companies in Massachusetts were approved for $993 million in federal aid under the Restaurant Revitalization Fund — tops in the nation in the average grant per business, according to newly released data. Read More
Read MoreSBA releases list of businesses approved for Restaurant Revitalization Fund grants (database)
Which restaurants were approved for funding through the Restaurant Revitalization Fund program? The Business Journals has compiled a searchable database of thousands of recipients. Read More
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