Posts by ericg
State Street cuts jobs as custodian bank eyes AI efficiency
The banking and financial services giant has been restructuring its workforce as it eyes AI-driven operational efficiency. Read More
Read MoreExperts urge early preparation for Opportunity Zones program revamp
The federal Opportunity Zones program is getting a major overhaul. Read More
Read MoreUnderscore VC to move offices next month
The pre-seed and seed-level venture capital firm was based at Boston’s Old City Hall since 2018. Read More
Read MoreThese towns are still out of compliance with MBTA Communities law as deadline looms
As the final hours before the deadline for many towns to comply with the MBTA Communities Act ticked down, some are still holding out against the state’s requirements. Read More
Read MoreNectar Community Investments gets $375K in state tax credits for donor gifts
The tax breaks help nonprofits raise funds for business development in communities that don’t have much access to them. Read More
Read MoreGE Vernova to invest $100M in Pennsylvania factory, adding 250 jobs for grid equipment production
The energy company’s strategic moves go beyond manufacturing, positioning it to play a crucial role in powering the future of artificial intelligence and data centers. Read More
Read MoreBob Rivers to receive social-leadership award; corporate-nonprofit partnerships recognized
The Boston Business Journal has named its 2025 honorees for innovative partnerships between corporate and nonprofit partners and its Alan E. Lewis Alnoba CEO Social Leadership Award honoree, Bob Rivers of Eastern Bank. Read More
Read MoreBoston Metal raises $51M, launches first commercial plant in Brazil
Boston Metal, a cleantech company from Woburn, has hit two major milestones that signal its transition from research and development to commercial operations. Read More
Read MoreCapital invested in Mass. at its lowest since 2017, says VC report
Local venture capitalists say the concentration of capital into fewer deals and a few big rounds —like OpenAI’s in the first quarter — are making data tricky to read. Read More
Read MoreFenway site, approved for tower, will instead be auctioned
A Fenway site next to the Massachusetts Turnpike that was approved for a 23-story, 400-unit residential tower will go to auction next month. Read More
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