Archive for March 2023
Silicon Valley Bank, a big presence in Boston, shut down by regulators
The stunningly swift collapse carries major ramifications not just for the region’s startup ecosystem, but for the former Boston Private customers that SVB inherited through a 2021 acquisition. Read More
Read MoreHigher ed leaders sound off on affirmative action, the worth of a degree at BBJ event
Leaders from four Mass. universities weighed in on the biggest issues facing higher education at a sold-out BBJ panel Thursday. See what they had to say about affirmative action, rankings and the worth of a college degree. Read More
Read MoreSouth Shore brewery teams up with food truck for new Brighton location
Widowmaker and Bone & Bread will take the place of Brato Brewhouse + Kitchen, which closed last fall. Read More
Read MoreSVB trading halted amid report that bank in talks to sell itself
Trading on Silicon Valley Bank Financial Group shares were halted for pending news before Wall Street opened Friday after shares plunged further in pre-market trading. Read More
Read MoreGE Aerospace could branch into new lines of business as standalone company
GE Aerospace CEO H. Lawrence Culp Jr. said the engine manufacturer could expand its business as a standalone company in 2024. Read More
Read MoreInno Madness: 32 companies left standing after Round 1, voting open for Round 2
Meet the 32 companies left standing after the first round of Inno Madness and cast your votes in the second round. Read More
Read MoreSilicon Valley Bank’s market cap slashed: All the latest developments
Here’s the latest news concerning Silicon Valley Bank as it shores up its cash in the face of a rush on deposits. Read More
Read MoreMBTA implements slow zones in wake of DPU visit, tells riders to plan for longer trips
MBTA officials announced late Thursday night they would immediately impose speed restrictions across all four subway lines following a Department of Public Utilities site visit, an unprecedented step that will cause immediate disruptions for riders. Read More
Read MoreCambridge eyes limits on size of new labs in some parts of city
A measure passed by the City Council is meant to balance lab and housing development outside Kendall Square and Alewife, after a proposed prohibition on new labs in certain neighborhoods was floated last year. Read More
Read MoreForm D Friday: Former CEO of Care.com raises millions for Web3 startup
Form D Friday is a Boston Business Journal feature highlighting regulatory filings from Boston-area companies raising capital for new projects or expanding their businesses. Read More
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