Archive for March 2023
Chamber urges pay bump for MBTA chief as search continues
A business group’s analysis suggests the next MBTA head should be paid a salary of $450,000 to $500,000. That would represent a more than 30 percent raise over the base salary that MBTA General Manager Steve Poftak earned last year. Read More
Read MoreStop & Shop, Walgreens sites in Mass., R.I. sold for $100M
A Miami-based real estate firm bought the 11 properties, most of which are in Greater Boston, in separate transactions. Read More
Read MoreUMass Medical’s pharmaceutical R&D arm lays off 26
The spate of layoffs battering the biopharmaceutical industry has spared few — not even the UMass Chan Medical School. Read More
Read MorePeabody drug manufacturing plant to close, lay off 87
A manufacturer of pharmaceutical-grade gelatin is shuttering, leaving nearly 100 employees without jobs. Read More
Read MoreAdaptimmune to acquire Boston-area cell therapy company TCR² Therapeutics
The union will extend the cash runway of Adaptimmune into 2026. Read More
Read MoreNew budget airline latest to add trans-Atlantic service from Logan
A new budget airline is the latest to add overseas flights from Boston’s Logan International Airport as international travel continues to rebound from the effects of the Covid-19 pandemic. Read More
Read MoreLayoffs via email? Local HR execs have doubts, but some workers appreciate them
Boston-area HR leaders emphasized that email layoffs may have a place in the hybrid world, but cannot substitute an actual conversation with a human being, even if that conversation happens over the phone or video. Read More
Read MoreIntroducing the 2023 Boston Inno Madness bracket
Our Boston Inno Madness competition is here. We’ve got 64 local companies vying for the coveted title of 2023 Inno Madness champion. Cast your vote now. Read More
Read MoreSpinout of Indian biopharma nets another $108M
Two years after emerging from stealth, a Cambridge biotech has brought in another $108 million as it plans to scale up human trials of its cancer drugs. Read More
Read MoreQ&A: How small businesses can tackle Medicare, according to one insurance expert
An insurance expert spoke with reporter Cassie McGrath about how small-business owners can tackle Medicare for their retirees. Read More
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