Official search is on for new CEO of Mass. Life Sciences Center - Boston news - NewsLocker (2024)

Massachusetts Life Sciences Center CEO Kenn Turner, who had been on leave for several months from the quasi-public organization before a brief return this spring, is leaving the agency for good this Friday, June 14.

Nine new stores to open at South Shore Plaza, including Rihanna’s lingerie brand

For the first time ever, Savage x Fenty will have a store open in New England.

Growing green: BMC opens second rooftop farm

Boston Medical Center says the additional 5,000 square feet of growing space will quadruple the amount of produce it grows for patients and the local community.

Editorial: Last call on liquor licenses for lawmakers

Senators on Beacon Hill have the opportunity to do their part and pass a long-sought measure to increase the number of liquor licenses for minority-majority neighborhoods. It's time to level the playing field across the city of Boston.

Advertisem*nt

Pfizer, Flagship to focus on obesity drugs under $100M collaboration

Flagship Pioneering and Pfizer previously said they would each invest $50M upfront to develop 10 new medicines by using the venture creation firm’s network of spinouts.

Companies seeking to close the gender wage gap highlighted at local event

A gender-based wage gap persists between women and men in the workforce, with women of color experiencing the greatest difference. The Boston Women’s Workforce Council highlighted companies working to solve that issue.

Five things you need to know, plus TD Garden nights and new faces to meet

Good morning, Boston. Here are the five things you need to know in Boston business news to start your Wednesday.A new Boston startup from the minds of biotech industry veterans including MIT’s Robert Langer is working on an obesity treatment that works differently from current GLP-1 drugs such as Ozempic and Wegovy, Hannah Green reports.RTX, the company formerly known as Raytheon, was sued yesterday in a class-action lawsuit alleging age discrimination, Lucy Maffei reports.
In the second&h

Boston nonprofit plans incubator for entrepreneurs of color

Lawyers for Civil Rights is planning a new brick-and-mortar incubator and accelerator to provide startups with space and resources that would otherwise be closed off to them.

Advertisem*nt

New restaurants opening on Cape Cod, plus more retail news

Margaritaville will open its first resort this summer in Hyannis, and that's not the only new hospitality hot spot on Cape Cod. Read the latest retail and restaurant news, from Cape Cod to Boston.

Massachusetts mall headed to auction

It's the latest shopping center to suffer a setback amid competition from e-commerce and newer brick-and-mortar properties.

MIT spinout raises $11.8M to grow its critical metal reclamation system

SiTration, the Cambridge-based critical recovery startup, closed its seeding round with a total of $11.8 million led by 2150 and participation from several other ventures.

UMass Chan’s new $350M research building opens

The construction on the new building was one of the largest projects in Massachusetts over the past few years.

'Back to the ring:' Cybereason co-founders debut new AI venture

More than a year after leaving the endpoint security unicorn he started, Lior Div is now focused on the impact of AI on cybersecurity, where there are always two teams in action: attackers and defenders.

Five things: Brockton Hospital, Wells Fargo, college athletes and special visitors to Boston

Good morning, Boston. The Celtics won again last night and are now just two wins away from an 18th NBA championship.And it's Black Cow Day, so treat yourself with a good old-fashioned root beer float today. Here are the five things you need to know in Boston business news to start your Monday.When a 10-alarm electrical fire caused Brockton Hospital to abruptly evacuate patients and immediately shutter operations in February 2023, it wasn’t clear how long it would take the hospital to

This Needham biotech's stock has gone up 700% in 3 months

The CEO of the immuno-oncology company discusses the challenges it's encountered and how it's trying to stage a rebound.

BU pivots on real estate plan with new president coming aboard

The proposal still includes a new school of global studies and major renovations to Warren Towers and Mugar Memorial Library. But gone, at least for now, is a new dorm tower and a new science and engineering research building.

Citizens launches cash flow forecast tool for small businesses

The Citizens Cash Flow Forecasting product gives business owners tips and resources to compare their business to competitors based on geography, revenue and employee count.

What's taking Brockton Hospital so long to reopen?

When a fire in February 2023 caused Brockton Hospital to abruptly close, it wasn’t clear how long it would take the hospital to reopen. Nearly 16 months later, we still don’t know.

Mass. Innovation Network announces finalists for 2024 Eddie Awards

The Eddies are open to Massachusetts-based startups with less than 150 employees, a working prototype of a “ground-breaking” product or technology and that has yet to get Series C funding.

Ex-Takeda employee pleads guilty to $2.3M embezzlement scheme

A Brookline woman who worked at the state's largest biotech employer pleaded guilty in connection with a scheme to defraud the company of $2.3 million.

Rapport Therapeutics raises up to $154 million in IPO

Rapport Therapeutics Inc. said late Thursday it has raised $154 million in an initial public offering.

Wells Fargo Advisors targets private banking space with Boston expansion

Wells Fargo Advisors, the wealth management arm of the global banking giant, has expanded its operations in Boston with a relocation from Two International Place to 125 High Street.

Five things: Celtics fans, a healthcare bill, a new accelerator and the problem with punctuation

Good morning, Boston. Happy National Doughnut Day —have one in celebration of Kristaps Porzingis' return. Here are the five things you need to know in Boston business news to start your Friday, plus a healthy debate about a little bitty piece of punctuation.As thousands of basketball fans make their way to the West End to support the Celtics for Game 1 and 2 of the NBA Finals, they’ll also be looking for a place to eat and drink — either to party in celebration or to wall

Techstars Boston names new managing director

While the promotion was effective May 1, Kerty Levy, who had been managing director since last year, announced the change earlier this week at Techstars Boston's latest demo day.

After recent spike, venture capital investment in Boston area falls back to earth in 2023

Venture capital investment in Boston-area companies has dropped 53% from a peak in 2021. But it's still a lot more than before the pandemic.

Saltie Girl owner: 'You've got to make it magic'

Kathy Sidell grew up with some of the biggest names in the Boston culinary world around her house. But she didn’t initially go into restaurants. Instead, she went to Columbia Film School and worked in Hollywood for 16 years.

Boston City Council OKs Wu plan to shift taxes onto commercial owners

The measure, which still needs State House approval, would authorize the city to put more of the tax burden onto commercial property owners in order to avoid a large jump in residential tax bills.

Meet Kate, the AI assistant used to triage ER patients at UMass Memorial

Nurses at the medical center are using an artificial intelligence tool to help make fast decisions in the trauma and emergency departments.

Commentary: Developers solve for financing, not profit, with dense, multifamily projects

With one new house being built for every three new jobs, and home prices rising faster here than in any other state since 1980, Massachusetts is currently facing a housing crisis decades in the making. Yet, the struggle to create new homes continues.Ongoing outrage over the state’s MBTA Communities Act reinforces the need to dismantle the misinformation that often stops communities from creating multifamily zoning or approving dense multifamily projects.To do that dismantling, we mus

The reorganization plan announced by the Roomba maker after the implosion of the Amazon deal included cost-cutting actions directly affecting research and development.