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Archive for May 2023

San Diego VC tries to buy out a second Boston biotech

By | May 31, 2023

A company that acquired and summarily liquidated a Cambridge cancer firm two months ago has tried — and failed — to buy another Boston biotech. Read More

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Putnam Investments to be acquired by Franklin Templeton for nearly $1B

By | May 31, 2023

The asset manager, one of the largest financial services firms headquartered in Boston, is poised to come under new ownership for the first time in almost 16 years. Read More

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A $1 trillion-plus wall of multifamily debt will mature by 2027. Is that a ballooning concern?

By | May 31, 2023

Although loans backing office properties are the most scrutinized these days, a wall of debt is maturing within the multifamily sector, too, in the coming years. Read More

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Five things you need to know today, and a history of socially conscious business

By | May 31, 2023

Good morning, Boston. Here are the five things you need to know in Boston business news to start your workday, plus new biotech jobs in Mass., gym franchises, Dr. Seuss and a history of sustainable, responsible businesses. Read More

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Karmaloop founder Greg Selkoe is back in Boston. Meet his new venture.

By | May 31, 2023

After a West Coast hiatus, Karmaloop founder Greg Selkoe is back in Boston and has launched a new venture — a gaming company that supports content creators, owns esports teams and creates gaming lifestyle merchandise. Read More

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Massachusetts life sciences industry to gain 42K new jobs in next decade: report

By | May 31, 2023

Massachusetts is expected to gain 42,000 net new life sciences jobs by 2032, according to a new report from the Massachusetts Biotechnology Education Foundation. Read More

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Commentary: International student talent is employment game changer

By | May 30, 2023

Commentary: We have an opportunity to embrace skilled immigration and to leverage the talents of international candidates at U.S. colleges and universities to fill the talent and workforce gaps in tech and healthcare. Read More

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Judge declines to halt Vineyard Wind construction; Seafreeze appeals

By | May 30, 2023

A group of New England fishing interests, backed by Texas lawyers, have filed an appeal after failing to persuade a federal judge in Boston that a large offshore wind project should be halted. Read More

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Boston Impact Initiative Fund’s mission is to invest in minority community businesses

By | May 30, 2023

Boston Impact Initiative Fund (BII) is a nonprofit impact investment fund that works to build a future where entrepreneurs of color and their communities have the financial, social and political power to create a sustainable, inclusive, and equitable economy. Read More

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Moderna buys biomanufacturing site in Marlborough for $91M

By | May 30, 2023

The vaccine maker plans to spend more than $300 million in building out the property. It is seeking a property tax break for the project. Read More

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