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Posts by ericg

NYCB commercial real estate exposure prompts broader concerns over banking industry

By ericg | February 14, 2024

New York Community Bancorp Inc.’s issues have financial experts asking: What happens to banks with too many loans tied to struggling offices? Read More

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DPH: Reorganization, potential closures of Steward hospitals still ‘likely’

By ericg | February 14, 2024

State leaders are still unsure about the future of Steward’s nine Mass. hospitals. But there will "likely" be some "reorganization, reconfiguration, transition and potential closures for Steward hospitals, and the healthcare they deliver, the DPH chief said. Read More

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Cambridge oncology biotech closes another VC tranche, raising $122.5M

By ericg | February 14, 2024

Less than two weeks ago, the Cambridge biotech also brought on a new CEO: the former U.S. CEO of Japanese pharma Eisai Inc. Read More

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Staples, RightHand Robotics sign deal on fulfillment-center robots

By ericg | February 14, 2024

The partnership with the Boston-based robotics firm will allow Staples to offer next-day delivery to 98% of U.S. customers. Read More

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Deloitte names Rebecca Chasen as New England managing partner

By ericg | February 13, 2024

Rebecca Chasen will succeed Kevin McGovern, who has served as New England managing partner since 2017. Read More

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City, town officials tout Healey local tax plan as ‘very exciting’

By ericg | February 13, 2024

Municipal officials who would gain the option to increase or impose new taxes on lodging, meals and motor vehicle ownership — and collectively stand to gain tens of millions of dollars in revenue — feel good about Healey’s local tax plan. Read More

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Liberty Mutual lays off 250 employees, 85 in Mass.

By ericg | February 13, 2024

Liberty Mutual said the decision to lay off a percentage of its Massachusetts workforce will "set up our company for the future and support long-lasting success." Read More

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Verve Therapeutics co-founder named GV’s new GP

By ericg | February 13, 2024

GV Managing Partner Krishna Yeshwant called the firm’s new general partner a “physician, genomicist, cardiologist, longtime collaborator, and colleague.” Read More

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Trader Joe’s plaza in Acton sells for $21M

By ericg | February 13, 2024

The Trader Joe’s is the only location in that chain within a 10-mile radius, according to the real estate broker. Read More

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Founder of Boston investment firm gives $25M to BC’s theology school

By ericg | February 13, 2024

The founder and chair of Clough Capital Partners and his spouse, the chair of the Emerson Hospital board of directors, have together donated $25 million to BC’s School of Theology and Ministry, which will now be named for the couple. Read More

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