Posts by ericg
How a BC grad’s nonprofit landed a $137 million donation
A Boston College graduate who started a malnutrition nonprofit in 2009 has landed a grant that’ll allow it to double capacity and address a stubborn worldwide problem. Read More
Read MoreCitizens continues to close Stop & Shop branches, replaces with ITMs
In November, more bank branches closed than opened in Massachusetts, returning to a trend of widespread closures after October’s outlier month of more openings. Read More
Read MoreDesktop Metal warned to raise stock price or face delisting
The 3D-printing company is the third Bay State tech company in two months to receive the delisting warning notice from a major exchange. Read More
Read MoreCOO of Mass General Hospital steps down after 30 years with parent organization
Greg Pauly, the chief operating officer of Massachusetts General Hospital, will step down effective Jan. 31, 2024. Read More
Read MoreNew analysis shows how investors have helped push up Boston housing costs
Investors, who often have the advantage of paying in cash to elbow out the competition, have accounted for a third of purchases in neighborhoods like Chelsea and Lynn in the past two decades, according to a new report. Read More
Read MoreAbbVie to spend $10.1B to acquire ImmunoGen, 43-year-old Waltham biotech
After more than four decades in business, a Waltham drug developer with an ovarian cancer drug will be acquired by a Big Pharma company. Read More
Read MoreFlagship Pioneering is looking to raise $3B for its eighth fund
Flagship Pioneering, the Cambridge venture firm behind Moderna Inc., is looking to raise $3 billion for its eighth fund. Read More
Read MoreSpilka still ‘hopeful’ Dems can reach supplemental budget accord this week
The Senate leader says the months-late supplemental budget could still be approved this week despite months of holdups that have created a crisis situation. Read More
Read MoreRestrictive age laws in cannabis burden parent workers in the industry
One of the benefits of being an entrepreneur is flexibility. But for some new parents in cannabis, that flexibility comes with restrictions that are more strict than even the alcohol industry. Read More
Read MoreInto the breach: New entrants to the startup banking space fill void left by SVB, First Republic
The startup banking ecosystem broke open this year with the high-profile failures of SVB and First Republic Bank. In the aftermath came a proliferation of emerging startup banking departments at local financial institutions. Read More
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