Archive for January 2024

The same day the $1.45 billion deal between Amazon and iRobot was called off, the Roomba maker revealed that its annual revenue took another hit. Read More

The office wholesale distribution company Essendant will close its Woburn facility, eliminating 82 jobs. Read More

Despite netting a major FDA approval in 2023, Gamida Cell is running out of runway and looking into "strategic alternatives." Read More

The company filed plans to sell more than 7 million shares of its stock for between $14 and $16 each, and will trade on the Nasdaq under the ticker, "GUTS.” Read More

iRobot CEO Colin Angle also stepped down in the wake of the collapse of the $1.45 billion merger. Read More

Here are the five things you need to know in Boston business news to start your Monday, from Steward’s struggles, corporate cash on hand, and Deval Patrick’s new firm, to how MIT and Adidas are making your running shoes fit perfectly. Read More

It’s been more than a decade and a half since the agency first tapped Kavanagh Advisory Group to redevelop the one-time U.S. Navy chain-making factory. Read More

Sarah Fay developed a model that can help individual runners pick better-performing shoes, and could lead to new innovations from shoemakers. Read More

"The future viability and stability of the third-largest hospital system in Massachusetts will have clearly significant impacts on healthcare costs, healthcare access, patient care, and the healthcare workforce," HPC Executive Director David Seltz said. Read More

The two-term governor first joined Boston-based investment firm Bain Capital in April 2015 and returned as a senior advisor in 2021, after a failed presidential bid. Read More