Archive for August 2023

Eversource says it’s close to selling its stake in three East Coast projects it holds in a joint venture with Ørsted. Read More

Thermo Fisher Scientific Inc. has settled a lawsuit with the family of Henrietta Lacks, the Black woman whose cells — taken without her knowledge during cervical cancer treatments — have been used in unquantifiable scientific research, but whose family has never been compensated. Read More

A Boston-based hedge fund called MFN Partners LP placed a major bet on Yellow Corp.’s stock and now owns a 25% stake in the company, according to the Securities and Exchange Commission. Yellow is expected to file for bankruptcy soon. Read More

While there are a few positives about the new $56.2 billion Massachusetts budget for fiscal 2024, the fact that its yet again late undermines the credibility of state government and leaves business owners with lingering uncertainty. Read More

JPMorgan Chase is giving $1.7 million to local nonprofits in the Boston-area that support support economic opportunity and wealth creation, on top of a $5 million commitment to the National Association for the Advancement of Colored People (NAACP), the banking giant announced Tuesday. Read More

Bill Gates’ venture capital fund, which has a history of investing in Massachusetts cleantech companies, is raising a third fund. Read More

In the compromise budget, Massachusetts legislators mostly upheld Gov. Maura Healey’s efforts to spur workforce development in the life sciences. But a $10 million line item for the quasi-public Massachusetts Life Sciences Center did not make the cut. Read More

A tenant made “bad faith maneuvers” to launch competing services in Markley Group’s downtown Boston data center, according to Markley. Read More

From a $10,000 opportunity from Venmo to a $20,000 grant from the Antares REACH program, here is a look at grant opportunities for small businesses in August 2023. Read More

U.S. News and World Report has released a list of the best hospitals in America, but for the first time is no longer ranking hospitals within that list. Read More