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Archive for January 2023

State hauls in record tax revenue from casinos, slots in December

By | January 17, 2023

Massachusetts collected more in taxes and fees from casino-style gambling in December than in any other month since the casinos opened, the Gaming Commission reported. Read More

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Boston growth equity firm raises $1B for fifth fund

By | January 17, 2023

WestView’s fifth fund comes about four years since the closing of its predecessor. Read More

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Citizens ‘ready for uncertainty of economic slowdown’ after capping off 2022 with strong 4th quarter

By | January 17, 2023

Citizens Financial Group closed out 2022 by bumping profits about 23% over the fourth quarter last year, with executives telling investors Tuesday that the company is well-positioned to face a year in which many experts see a recession on the horizon. Read More

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Fidelity to commit $250M to bolster education access, financial support for Black and Latino students

By | January 17, 2023

Fidelity is launching the scholarship, grant and mentorship programs in Boston, Raleigh and the Dallas area. Read More

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Goodwin Procter to open Philadelphia office with 17 Troutman Pepper partners led by trio of rainmakers

By | January 17, 2023

A source familiar with the situation said that 1,800-lawyer Goodwin — Boston’s second largest law firm behind Ropes & Gray — has been eying Philadelphia for quite some time. Read More

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MathWorks grant to create new tech program at UMass Boston

By | January 17, 2023

MathWorks is providing a $1 million grant to the University of Massachusetts Boston aimed at increasing diversity in the Boston area’s technology sector. Read More

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Boston Globe to lay off 30 print workers in Taunton

By | January 17, 2023

The Boston Globe plans to lay off 30 workers at its print facility in Taunton after losing a longstanding contract to print local copies of The New York Times. Read More

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Mutual benefit: Stores need workers, this agency’s clients need experience

By | January 17, 2023

It’s been a challenging time for retailers everywhere to find enough workers. Fortunately for partners of Northeast Arc, the Danvers-based human services agency has clients who are eager to help. Read More

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Here’s how much venture capital Black and Latino founders in Mass. got in 2022

By | January 17, 2023

Massachusetts is in the process of building an ecosystem by and for underrepresented founders. But the ecosystem is still in its early stages, and data on venture capital flow reflects this slow change. Read More

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What’s top of mind for Kendalle Burlin O’Connell, the new CEO of MassBio

By | January 17, 2023

For Kendalle Burlin O’Connell, becoming CEO of the trade group she’s helped run for the last 14 years mainly means one thing: She’ll have a seat at the table. Read More

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