Posts by ericg
Wayfair hits another profitability milestone while remaining unprofitable
In January, Wayfair set an expectation to report positive adjusted EBITDA this year, saying it would be "the first step towards positive free cash flow." Read More
Read MoreEastern Insurance sale to Gallagher is completed
In September, Eastern Bank announced that it is not only acquiring Cambridge Trust, but also selling off its insurance division. On Tuesday, the insurance sale was completed. Read More
Read MoreHere’s how New England’s tech hubs plan to win funding for their ideas
Four New England areas have received a first-of-its-kind designation as Regional Innovation and Technology Hubs. Now, they will compete to be part of an even more select group to receive additional funding to bring their projects to life. t Read More
Read MoreBuild-to-rent, single-family rental markets shift gears in unique housing market
Current market forces are creating unique opportunities for these related sectors of the residential real estate industry. Read More
Read MoreAt least 16 cannabis businesses have lost their licenses in Mass.
Cannabis entrepreneurs have been sounding the alarm about the challenges facing the Bay State’s weed industry. Here’s how many businesses have lost a license since recreational cannabis became legal. Read More
Read MoreFalmouth Hospital opens $10M intensive care unit
The new unit is 11,000-square feet with 10 patient rooms, and officially opened its doors on Tuesday. Read More
Read MoreBurns & Levinson partner claims age discrimination in new lawsuit
The firm says the lawsuit on behalf of the 71-year-old is part of an attempt "to preserve the status quo for himself as an entrenched male partner.” Read More
Read MoreSal’s Pizza is now at Logan’s international terminal, plus more retail news
Logan’s new expanded international terminal also brings a second Wahlbergers and a Boston Harbor Distillery cocktail lounge. Here’s the latest Boston-area retail news. Read More
Read MoreBoylston Street office building sold to Qatari investors
The sale gives Boston office owners another comparison point in a market suddenly seeing real sales activity. Read More
Read MoreBeam sells opt-in rights to Eli Lilly for up to $600M
About two weeks after announcing a restructuring and layoffs, this Cambridge gene-editing startup is selling off some of its opt-in rights. Read More
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