Archive for September 2023
Sage Therapeutics to lose 95 employees in Cambridge in mass layoff
A biotech is laying off 95 people in Cambridge and 290 people total in the wake of a rejection from the U.S. Food and Drug Administration. Read More
Read MoreWorkers who get promoted are more likely to leave a company than those who don’t, ADP report reveals
Workers who get a promotion have a higher rate of quitting than those who don’t, according to newly available research. Here’s what managers should consider before they offer a step up to an employee. Read More
Read MoreAquarium CEO: Hurricane Lee exposes downtown waterfront resiliency, equity need
New England Aquarium CEO Vikki Spruill writes that impending lessons from Hurricane Lee highlight the reality for Boston’s Downtown Waterfront: "We need climate resilient action, equitably and urgently." Read More
Read MoreMass. treasurer suspends cannabis chair Shannon O’Brien
State Treasurer Deb Goldberg has suspended Cannabis Control Commission Chair Shannon O’Brien one year into a five-year term. O’Brien told the Business Journal that she is "confident that the work (she has) done to date at the CCC." Read More
Read MoreA biotech holds a $250M IPO, stoking flames of hope for industry watchers
It’s a rarity for 2023: A biotech company just went public in a $250 million IPO, at a $2.7 billion valuation. Read More
Read MoreAmplify LatinX announces 100 Latino leaders in inaugural ALX100 awards
In honor of Hispanic Heritage Month, which goes from Sept. 15 to Oct. 15, Amplify LatinX’s recently held inaugural ALX100 reception recognized 100 leaders from across the commonwealth. Read More
Read MoreSierra to open its third Mass. store and other retail news
TJX’s outerwear store Sierra is one of the company’s smallest chains. It’ll open its third Massachusetts store this month. Here’s the latest on that and other area retail and hospitality news. Read More
Read MoreHere’s one key for increasing gender diversity in your company’s leadership
For companies looking to increase gender diversity in their leadership ranks, one expert believes the key is leaning into strengths. Here’s what that looks like for businesses. Read More
Read MoreTax package tops fall agenda for Gov. Healey
In a statement, House Speaker Ron Mariano hinted that differences over business-friendly tax cuts may be holding up the negotiations between the House and Senate. Read More
Read MoreFeds again scold MBTA for safety lapses
Federal regulators once again ordered the MBTA to make immediate changes after a series of incidents in which employees narrowly avoided being struck by trains, a repeat of the same "near miss" issue that landed the T in the spotlight earlier this year. Read More
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