Archive for October 2023
Whoop hit by class-action lawsuit over auto-renewal plans
The fitness-tracker maker is facing a class action lawsuit alleging it violated California law by failing to provide certain disclosures or obtaining consent before enrolling consumers in its auto-renewal plans. Read More
Read MoreGillette Stadium’s IT provider has opened a tech center in Pawtucket
The official IT and cybersecurity provider for Gillette Stadium has opened a new state-of-the art facility at a Rhode Island business park. Read More
Read MoreNational Grid wins DOE support for major power line across VT, NH
National Grid (NYSE: NGG) has won competitive federal support to build a new transmission line across New Hampshire and Vermont. The high-voltage transmission line would let New England import more Canadian hydropower. Read More
Read MoreSarepta’s Duchenne gene therapy fails to meet main goal in key trial
The Cambridge biotech said late Monday that its gene therapy to treat Duchenne muscular dystrophy failed to meet the primary goal of a large Phase 3 trial, but that it plans to seek full approval regardless. Read More
Read MoreSarepta’s stock plunges after Duchenne gene therapy fails to meet main goal in key trial
The Cambridge biotech’s stock price was cut in half Tuesday morning after it announced late Monday that its gene therapy to treat Duchenne muscular dystrophy failed to meet the primary goal of a large Phase 3 trial. It plans to seek full approval regardless. Read More
Read MoreMass. cannabis businesses sue Merrick Garland over ‘unfair’ federal law
“We want to be treated equally, on an even playing field with any other small business in Massachusetts,” Meg Sanders, CEO and co-founder of Canna Provisions, said. Read More
Read MoreAhead of HQ move, CarGurus has named a new CFO
Ahead of its upcoming move to a new headquarters, automotive shopping site CarGurus has named a new CFO. Read More
Read MoreAfter big year of funding, Rapport Therapeutics hires a veteran CFO
A veteran financial leader who has raised $4 billion-plus in capital for life science companies is the new CFO at a Boston biotech. Read More
Read MoreOwner of Club Quarters Boston in talks to surrender hotel over $274M debt
The negotiations come after the mezzanine loan behind the hotel was sold this summer. Read More
Read MoreBoston Park Plaza, now a Hilton, closes sale for $370 million
The Boston Park Plaza has sold for $370 million, and the iconic hotel that’s one of the city’s largest has also taken on its new branding under the Hilton name. You won’t believe the sale price on a per-room basis. Read More
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