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Archive for September 2023

Vicarious Surgical warned to raise stock price or face delisting from NYSE

By ericg | September 25, 2023

The receipt of the notice comes approximately seven months after Vicarious Surgical Inc. cut 14% of its workforce in an effort to extend its cash runway. Read More

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Gov. Healey calls for statewide maternal health review as Leominster birthing unit closes

By ericg | September 22, 2023

Gov. Maura Healey ordered two maternal health reviews as UMass Memorial Health Alliance-Clinton Hospital Leominster Campus is set to close its birthing ward on Saturday. Read More

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Lambert’s Market properties in Dorchester, Westwood sold for $23M

By ericg | September 22, 2023

The properties featuring the popular produce markets were sold to an entity with the same address as a Cadillac dealership in Norwood. A Lambert’s co-owner said earlier this year that the markets would remain open under a lease after any sale. Read More

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Despite geographic distance, parent companies of Cape Cod 5 and Fidelity Bank agree to merge

By ericg | September 22, 2023

Hyannis-based Cape Cod 5 and Leominster-based Fidelity Bank plan to merge their holding companies under one new multi-bank holding company, Mutual Bancorp. Read More

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‘That moment has come and gone’ — leaders lament lost progress on diversity at BBJ panel

By ericg | September 22, 2023

Boston Business Journal event panelists lamented lost progress in racial equity, discussed the city hosting the national NAACP convention and urged efforts to help newly arrived migrants. Read More

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Boston Park Plaza to become a Hilton brand hotel

By ericg | September 22, 2023

The Boston Park Plaza, one of the city’s best known hotels at nearly a century old and among its largest, is about to become part of the Hilton brand. Read More

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Chase’s Mass. deposits skyrocket, cracking top 10 list

By ericg | September 22, 2023

Chase’s deposits jumped 364% from June 30, 2022, from $1.8 billion to $8.4 billion, according to FDIC days. This makes it the seventh-largest bank in the state, which is up from its No. 33 place in 2022. Read More

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Union Square Donuts’ latest location, and more retail news

By ericg | September 22, 2023

Union Square Donuts is the latest retailer to sign onto a rare newly-built project in Harvard Square. Here’s the latest on that and other Boston-area retail news. Read More

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Cambridge startup using AI to rewrite literary classics for all reading levels

By ericg | September 22, 2023

Co-founder Ethan Pierce told BostInno his startup’s AI platform can rewrite full books at different reading levels and in multiple languages. Read More

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Form D Friday: Generative AI-driven travel startup closes seed round

By ericg | September 22, 2023

An MIT-born startup using generative AI to develop personalized tour guides is one of startups that caught our attention this week. Read More

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