Posts by ericg
ClearMotion secures $1B production order from Chinese EV maker
The deal means that after about 10 years in development, ClearMotion’s technology to improve the in-car experience for drivers and passengers is headed toward production. Read More
Read More‘We took the Financial District for granted’: Lack of office workers leaves restaurant in the red
Lingering challenges with remote office work policies is driving downtown Boston’s Villa Mexico Cafe to its first year in the red in 24 years of operation. "We cannot in good faith continue to rely on walk-in business, because it’s just not enough," Bessie King told the Business Journal. Read More
Read MoreNeedham Bank gets approval to go public before year’s end
The IPO caps off an eventful year in which Needham pursued converting from depositor-held to publicly traded despite upheaval in the banking industry. Read More
Read MoreMigration, fewer deaths fuel small Mass. population increase
Massachusetts was one of 11 states that saw its population bounce back and grow this year after posting a decline in 2022, the U.S. Census Bureau said last week. Read More
Read MoreJudge denies Shannon O’Brien’s motion to be reinstated as cannabis chair
A closed-door hearing will now be held between Shannon O’Brien and Treasurer Deb Goldberg to decide her future with the Cannabis Control Commission. Read More
Read MoreBoston firm seeks to raise $150M+ to buy hotels, make them greener
The investor intends to swap out fossil fuel systems for electric alternatives, and to take other steps like using efficient lighting and appliances and installing on-site solar energy systems. Read More
Read MoreAlexandria sells South Boston sites for barely half $169M purchase price
The E Street self-storage and industrial properties had been slated to become part of a million-square-foot life sciences campus. Read More
Read MoreBristol Myers to buy Boston biotech in $14B deal
Drug giant Bristol Myers Squibb has agreed to acquire a Boston drug developer in a deal valued at $14 billion, a 53% premium to the biotech’s previous market value. Read More
Read MoreSubmit your nominations for Boston’s 2024 Inno Madness bracket challenge
Inno Madness is a friendly competition, designed to showcase the local innovation scene’s best and brightest. BostInno compiles brackets of companies and readers vote to advance their favorites through six rounds. Read More
Read MoreYear in Review: In retail, 2023 brought more empty big box stores
More than 30 Bed Bath & Beyond and Christmas Tree Shops locations in Massachusetts have closed, giving fresh challenges to retail plazas across the region. Here’s a look at where they are. Read More
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