Archive for May 2023
Analog Devices CFO announces plan to leave later this year
Just as General Electric Co. announced plans to switch its CFO, another of the state’s largest public companies is searching for a new top financial officer. Read More
Read MoreState cannabis commission scraps pilot program for social consumption
Social consumption is a license type that would allow for businesses to sell cannabis on the same premise that it is consumed, like a cannabis cafe. Read More
Read MoreIronwood spends $1B to acquire Swiss biotech
Ironwood Pharmaceuticals Inc. is beefing up its gastrointestinal drug portfolio by buying a Swiss biotech called VectivBio Holding AG. Read More
Read MorePaperless Parts is trimming its team to improve “operational health”
Paperless Parts started off 2023 by announcing its move into a new office triple the size of its previous space. Read More
Read MoreSurprising antitrust ruling threatens Northeast blueprint for American Airlines
The abrupt end of the Northeast Alliance partnership, as ordered by a federal judge in Boston, puts a big wrench in JetBlue and American Airlines’ summer travel plans. Here’s a look at the impact. Read More
Read MoreFive things you need to know today, and what I got from my trip to Polar Park
Good morning! Here are the five things you need to know in Boston business news to start your Monday, plus the weekend box office, startups getting funded and what I got from my trip to Polar Park in Worcester yesterday (besides a photo with Joe Andruzzi). Read More
Read MoreUMass cuts systemwide office space by half with move to Westborough
The University of Massachusetts has moved the back-office space used by the systemwide president’s office to Westborough from Shrewsbury, putting the operation between Boston and Worcester while cutting its square footage by more than half. The lease ranks among the larger office deals in Boston’s suburbs so far this year. Read More
Read MoreBoston Globe countersues NY-based sports betting media firm
The Boston Globe’s parent company has filed a countersuit against a sports-betting media company with which it forged a partnership last year, claiming it’s owed millions of dollars in damages. The Globe’s countersuit was filed a couple weeks after Better Collective USA filed its own lawsuit in Suffolk Superior Court accusing the Globe of breach…
Read MoreHow Mass. tech CEO pay compares with the nation’s highest-paid
New data spotlights the nation’s highest-paid CEOs in the tech and innovation world — and how their pay compares to median employees at their companies. Here’s how Mass. CEOs at tech and biotech companies compare to their national peers. Read More
Read MoreState revokes Gopuff’s license after underage alcohol sales investigation
The Alcoholic Beverages Control Commission found that two Gopuff licensees had repeatedly delivered alcohol to minors as young as 18, even after repeated warnings from investigators. Read More
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