Archive for August 2022
Cambridge kicks off National Black Business Month with networking event
Created in 2004 by historian John William Templeton and engineer Frederick Jordan, National Black Business Month aims to bring attention to the needs of more than two million Black-owned businesses operating across America. Read More
Read More‘Unprecedented’ closure of entire MBTA Orange Line will begin Aug. 19
The MBTA will shut down the entire Orange Line for 30 days starting Aug. 19. The closure will allow the T to complete five years of overnight and weekend work in 30 days, officials said. Read More
Read MoreModerna is closely watching monkeypox, but says Covid is a ‘larger public health threat’
Moderna Inc. executives said on an earnings call Wednesday that they were closely monitoring the spread of monkeypox, but while the company has a vaccine in preclinical development, it has not yet decided whether to move forward with it. Read More
Read MoreMother-son startup named finalist in MIT’s ‘Solve Global Challenge’
A startup founded by a Cincinnati mother-and-son duo is one of a few dozen companies selected as a finalist for a Massachusetts Institute of Technology initiative for promising social entrepreneurs. Read More
Read MoreModerna aiming to deliver updated Covid-19 vaccine boosters next month
Moderna (Nasdaq: MRNA) has been working on omicron-specific vaccines since last November. Read More
Read MoreWhat new Treasury guidance for American Rescue Plan funds means for affordable-housing development
The U.S. Department of Treasury last week issued guidance intended to increase the ability of state, local and tribal governments to allocate American Rescue Plan funds toward boosting the supply of affordable housing in their locales. Read More
Read MoreAlnylam market cap gains billions on results of heart drug trial
Alnylam Pharmaceuticals Inc. said Wednesday morning that a 12-month trial of one of its RNA-blocking drugs met its primary goal, propelling its stock up more than 50% as of 10 a.m. The Cambridge-based drugmaker said the late-stage study of patisiran showed it did significantly better than a placebo in treating patients with an increasingly common…
Read MoreRed Sox CEO, Kraft Group fund Boston startup’s investment app for the Black community
Stackwell Capital Inc. plans to launch its app aimed at eliminating the racial wealth gap this fall. Its investors now include The Kraft Group, the CEO of the Red Sox and other Boston notables. Read More
Read MoreEast-west rail is on track with Beacon Hill bond vote planned
The decade-long drive to improve passenger rail service between Springfield and Boston is moving from legislation and questions of feasibility to implementation. Read More
Read MoreFive things you need to know today, and why time off creates more stress
Good morning, Boston. Here are the five things you need to know in Boston business news to start your Wednesday. Read More
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