Archive for February 2024
Novo Nordisk opens new R&D center in Lexington, plans to hire in 2024
The opening marks another big milestone for the Danish pharmaceutical giant as it consolidates its U.S. R&D operations to Greater Boston. Read More
Read MoreHere’s where office space inventory is actually shrinking — and what’s driving the trend
New construction and an increased focus on conversion projects are affecting office inventory in cities across the country. Read More
Read MoreE-commerce unicorn Thrasio files for Chapter 11 bankruptcy
Amazon aggregator Thrasio, which raised a whopping $3.4 billion in total funding since launching in 2018 and surpassed a $1 billion valuation during the height of the pandemic, said Wednesday it filed for Chapter 11 bankruptcy protection. Read More
Read MoreGinkgo Bioworks makes three acquisitions, launches technology network
Ginkgo Bioworks Holdings Inc. has made acquisitions involving two Cambridge-based biotechs and a New York genetic medicine company. Read More
Read MoreFive things to know, a college acquisition, and an immigrant ‘Shark Tank’-style story
Good morning, and happy National Tooth Fairy Day. Here are the five things you need to know in Boston business news to start your Wednesday, including Wayfair’s new restaurant, Cambridge College’s acquisition, zoning kerfuffles and an immigrant ‘Shark Tank’ Read More
Read MoreAtrius Health Equity Foundation aims to get rid of $500M in medical debt
Over the next five years, advocates will provide assistance to people with medical debt, including through legal representation to help contest it. Read More
Read MoreBoston Beer CEO to retire as company reports wider loss in 2023
The chief executive of The Boston Beer Company, Dave Burwick, will retire next month after five years leading the company. Read More
Read MoreFlywire ends 2023 on high note with strong Q4 results
In the fourth quarter, Flywire brought in $100.5 million, more than the $88.7 million estimates ahead of the company’s earnings release on Tuesday. Read More
Read MoreMore companies are offering unlimited vacation, but there are some critical pitfalls to avoid
Unlimited vacation policies can boost morale, give companies an edge in recruiting and help them save money, but there are some common missteps employers need to avoid when making the switch. Read More
Read MoreWayfair’s first branded store will feature a restaurant
The moment for Wayfair to open its first, large-format store is imminent, as Wayfair CEO Niraj Shah reminded analysts last week. Read More
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