Archive for January 2024
Why this Massachusetts community bank is eyeing a D.C. expansion
Hingham Institution for Savings got familiar with D.C.’s banking scene by investing in names like Access National and Washington First Bank — institutions that got swept up in a wave of M&A. Now, it’s making its own entry into D.C. Read More
Read MoreeBay to pay $3M penalty in connection with harassment of Natick couple
The 2019 harassment campaign included sending anonymous deliveries to the victims’ home, including a bloody pig mask, live insects and a book on surviving the death of a spouse. Read More
Read MorePraxis announces $150M offering after stock surge on epilepsy drug data
A Boston biotech that presented promising data this week in a mid-stage trial of its drug to treat epilepsy has raised $150 million in a secondary stock offering. Read More
Read MoreEastern Bank to move HQ, cut space by almost half
One of the largest banks headquartered in Massachusetts, Eastern has not instituted a companywide mandate for in-office work, instead allowing teams to choose what works best for them, CEO Bob Rivers said in an interview. Read More
Read MoreDorchester dispensary building is on foreclosure auction block
The owner of Lowkey Dispensary has taken his former business partner to court, alleging that his dispensary’s future is uncertain due to predatory business practices. Read More
Read MoreMITRE gets $9.9M to protect right whales through technology
A Bedford organization is using nearly $10M in funding from the Biden-Harris administration to research technology to safeguard the North Atlantic right whale. Read More
Read MoreCrypto firm Circle files confidential paperwork to go public via IPO
The crypto firm said Thursday that the number of shares to be offered and the price range for the proposed offering have not yet been determined. Read More
Read MoreLargest Employee-Benefits Firms in Massachusetts
Information for this list was obtained from firm representatives. Staff counts are as of 12/1/2023. Read More
Read MoreFive things: Highest tax rates, biotech cuts, climate funds raised, and your time to shine
Today’s Five Things You Need to Know include the Mass. towns with the highest tax rates, another biotech makes job cuts, climate startup funds are being raised, and it’s your time to shine. Read More
Read MoreBenefits are key to keeping employees in a hot job market, say experts
A tight labor market and popularity of remote and hybrid work options have dramatically changed employee benefits and the firms that help manage them. Read More
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