Archive for January 2023
State hauls in record tax revenue from casinos, slots in December
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
Read MoreBoston growth equity firm raises $1B for fifth fund
WestView’s fifth fund comes about four years since the closing of its predecessor. Read More
Read MoreCitizens ‘ready for uncertainty of economic slowdown’ after capping off 2022 with strong 4th quarter
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
Read MoreFidelity to commit $250M to bolster education access, financial support for Black and Latino students
Fidelity is launching the scholarship, grant and mentorship programs in Boston, Raleigh and the Dallas area. Read More
Read MoreGoodwin Procter to open Philadelphia office with 17 Troutman Pepper partners led by trio of rainmakers
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
Read MoreMathWorks grant to create new tech program at UMass Boston
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
Read MoreBoston Globe to lay off 30 print workers in Taunton
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
Read MoreMutual benefit: Stores need workers, this agency’s clients need experience
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
Read MoreHere’s how much venture capital Black and Latino founders in Mass. got in 2022
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
Read MoreWhat’s top of mind for Kendalle Burlin O’Connell, the new CEO of MassBio
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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