Archive for May 2023

JPMorgan Chase & Co has applied to establish a branch in New Bedford, according to a notice it filed with the Treasury Department last week. This location would be the bank’s first branch in the South Coast. Read More

The departing CEO of IDG Inc. has "options" for his next role, he told the Business Journal. He’s looking for a leadership position with a company based in Greater Boston or with local presence. Read More

The attorney general’s office accused CVS of breaking Massachusetts laws that help keep drug costs low for people injured on the job. Read More

In written testimony released Monday by the Senate Banking Committee, Greg Becker, who headed Silicon Valley Bank as the CEO of parent company SVB Financial, called the institution’s failure "personally and professionally devastating." Read More

An immigrant from Guyana, Ali became CEO of IDG in 2019. Before that, he was chief executive at Boston-based Carbonite Inc. Read More

The Perkins School for the Blind, a nearly 200-year-old institution, is launching its first innovation center to connect people with disabilities with the global tech community. Read More

One of the state’s largest public companies by revenue, the semiconductor maker (Nasdaq: ADI) said it plans to build a new research & development and manufacturing facility in Ireland — a decision that comes as both the U.S. and Massachusetts are striving to boost semiconductor manufacturing locally. Read More

Linguistic co-founders Victoria Pu, who recently left a Ph.D. program in an area of applied mathematics at MIT, and Tyler Nickerson, a computer science graduate from Worcester Polytechnic Institute, raised just under $1 million earlier this month. Read More

A new spinout of Cambridge venture firm Flagship Pioneering is drawing on nature for its next big play: molecular mimicry to fight a host of diseases, starting in immunology. Read More