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Posts by ericg

Five things: Mass. biopharma jobs, Toast’s new CEO, the CCC’s chaos and Gen X’s disillusionment at work

By ericg | September 6, 2023

Good morning, Boston. Happy National Read A Book Day. Here are the five things you need to know in Boston business news to start your Wednesday. Read More

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Which banks opened (or closed) branches in Massachusetts in August?

By ericg | September 6, 2023

The only branches to close in the month of August came from one Boston-based bank: Santander Bank. Meanwhile, JPMorgan Chase is continuing an aggressive opening strategy. Read More

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As Needham biotech struggles with FDA, patients with an ultra-rare disease are waiting

By ericg | September 6, 2023

A drug made by a Needham-based biotech company called Stealth BioTherapeutics Inc. is a last-ditch source of hope for many patients. But it faces an uncertain future — as does its maker. For patient advocates, a back-and-forth between the FDA and a Needham biotech illustrates a major gap for patients with ultra-rare diseases. Read More

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Massachusetts’ biopharma industry keeps growing. Two headwinds could slow it.

By ericg | September 6, 2023

Massachusetts’ life sciences industry grew by more than 7,000 jobs last year, outpacing competitor states even as the so-called "Covid boom" began to wane. Read More

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‘A little bit surprising:’ Analysts react to Toast CEO transition

By ericg | September 6, 2023

Analysts are wondering about the incoming chief executive’s lack of experience when running a public company. Still, they believe the restaurant-technology provider will be "in good hands." Read More

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Berkshire Bank launches cannabis banking program

By ericg | September 5, 2023

The new program is part of the bank’s “inclusive banking programs,” and is designed for all cannabis-related, plant-touching businesses, many of which have struggled with access to financial services. Read More

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Hack.Diversity’s new CEO is former Topeka mayor, Harvard grad

By ericg | September 5, 2023

Hack.Diversity has undergone major changes over the last two years, including spinning out into a nonprofit from the New England Venture Capital organization, expanding into NYC and now naming a new CEO. Read More

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Local REITs call off merger in face of fierce investor resistance

By ericg | September 5, 2023

Shareholders mounted a public campaign against the deal, questioning the merger’s value as well as perceived conflicts of interests at The RMR Group, the manager of both real estate investment trusts. Read More

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DPH rejects Leominster Hospital plan to close maternity unit after push from community advocates

By ericg | September 5, 2023

The UMass Memorial Health hospital based in Leominster was slated to close on Sept. 23, but after DPH rejected their plans, the hospital has to answer more questions about how it will maintain birthing services for the community. Read More

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Boston-based Crestwood Advisors Group merges with R.I. wealth management firm

By ericg | September 5, 2023

Boston-based investment advisory and wealth management firm Crestwood Advisors Group, LLC, has completed its merger with Providence-based Endurance Wealth Management, Inc. Read More

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