Archive for August 2023
TJX reports strong quarter, driven by strong sales and inventory glut
The company raised its full year profitability and earnings guidance based on a strong performance, as well as a glut of merchandise in the marketplace for off-price buying, placing the discounter in a strong position for the holiday season. Read More
Read MoreCommentary: Policy choices in closing the wealth gap, community wealth
Ed Gaskin writes that closing the wealth gap requires a holistic approach that goes beyond individual efforts and financial education. We could have used American Rescue Plan money to address disparities. Not doing so was, itself, a policy choice. Read More
Read MoreNational Beat: Shifting fortunes in the VC world, SoftBank sues startup CEO and more
The South sees it share of VC rise, SoftBank sues startup CEO and more startups to watch in the latest National Beat: Read More
Read MoreExecs discuss why Mass. ranks 49th in cost of doing business
A Mass. trade group hosted a discussion on CNBC’s annual "Top States for Business Rankings" which ranked the Bay State well overall, but 49th for the cost of doing business. Here’s what they talked about. Read More
Read MoreFive things: Highest paid hospital execs, towns banning gas, a major data breach and the best time to binge
Good morning, Boston. Here are the five things you need to know in Boston business news to start your workday, including the highest-paid Mass. hospital executives, towns banning gas (even in restaurants), a major data breach and why now is the best time for binging. Read More
Read MoreLong wait for working transit: Is Mattapan finally getting better service?
Several changes are coming to public transit in Mattapan. That’s important, because similar to other communities of color around the U.S., Mattapan’s public transit has suffered over the years. Read More
Read MoreArmed with second fund, Brewer Lane Ventures on the hunt for fintech, insurtech startups
Founder and managing partner John Kim told BostInno the firm invested in 20 insurtech and fintech companies with its first fund. It plans to double down on these industries with its second, larger fund. Read More
Read MoreBoston Business Journal announces 2023 40 Under 40
The Boston Business Journal has announced this year’s 40 Under 40 honorees — from young founders and CEOs to rising stars at some of the region’s biggest companies. Read More
Read MoreThese are the highest-paid executives at Massachusetts’ biggest hospitals
While executives point to a financial crisis caused by Covid-19, they still saw pay raises in fiscal 2021. Read More
Read MoreThese are the highest paid executives at Massachusetts’ biggest hospitals
While executives point to a financial crisis caused by Covid-19, they still saw pay raises in fiscal 2021. Read More
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