Archive for July 2023
The RMR Group enters multifamily market with $80M acquisition of Atlanta firm
Separately on Monday, a REIT managed by the Newton-based real estate firm sent a letter to shareholders urging them to support a merger after some investors voiced opposition. Read More
Read MoreThe state’s largest law firm, Ropes & Gray, is requiring four days in the office
Boston-founded Ropes & Gray LLP has joined the growing number of law firms with Boston offices that are calling their lawyers back to the office four days a week. Read More
Read MoreJuly M&A deal roundup: Machine learning, rare diseases and identity threats
Check out the eight mergers and acquisitions of tech and life sciences companies BostInno reported on in July, including deals involving Biogen, Cisco Systems and Thermo Fisher Scientific. Read More
Read MoreVC funding update: Which Boston-area startups raised money in July?
Venture capital funding to Massachusetts companies saw a big drop in July. BostInno reported on just $277.15 million raised by Bay State startups this month. Read More
Read MoreTax relief on hold as lawmakers file $56.2B budget compromise
Legislators filed a compromise budget Sunday night that includes major education, transportation and healthcare policy measures, but failed to reach an agreement on a tax relief bill. Read More
Read MoreTrucking giant Yellow shuts down operations, bankruptcy seen as imminent
The less-than-truckload carrier followed up layoffs by padlocking its freight yards. Read More
Read MoreSalem Hospital to open new lobby named for former president
The new 10,000-square-foot entrance includes a covered drop-off area, refreshment station, gift shop, security office, and improved seating areas. Read More
Read MoreNAACP delegates set to vote on policy measures Monday
The NAACP convention in Boston will vote on a slate of resolutions including fairness in finance, minority representation in the cannabis industry and filling a shortage of medical workers. Read More
Read MoreCambridge biotech Ribon cuts employees, halts preclinical work
A startup co-founded by a former MIT scientist with backing from GV and several Big Pharma firms is making workforce cuts. Read More
Read MoreIRS may push for early end to lucrative ERC tax credit
The Employee Retention Credit could amount to $26,000 per employee. But the IRS may push for an early end to the Covid-19 relief tax credit. Here’s why. Read More
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