Archive for October 2023

Boston-based Wellington Management announced the final close of a new early-stage venture fund, known as Wellington Venture Investments I. The fund has $150 million in commitments. Read More

Washington Trust announced third-quarter net income of $11.2 million, roughly flat with its performance the same period a year prior. Read More

Cambridge Savings Bank president and CEO Wayne Patenaude has resigned from his position. Read More

Boston Medical Center is using a $3 million grant from the MassMutual Foundation to help the families of its pediatrics patients achieve economic stability. Read More

The decision to shift the manufacturing operations to Andover opens up as many as 31 acres on Fort Point Channel to redevelopment. Read More

As it expands its reach in Greater Boston, Eli Lilly and Company is looking for new biotech partners. Read More

After serving in an interim capacity since the begging of this year, Dr. Paul Anderson has officially been named chief academic officer at Mass General Brigham. Read More

A year and a half after opening a sneaker factory in Methuen, New Balance is again returning to the Merrimack Valley for its made-in-the-U.S. production goals. Read More

The company formerly known as Raytheon has entered into a definitive agreement to sell its cybersecurity, intelligence and services business, which is based in Virginia. Read More