Bussiness

Mass. Cannabis Control Commission selects new executive director — again

The Cannabis Control Commission will offer the executive director position to Travis Ahearn, Holliston's town manager, commissioners said in a Wednesday meeting, after its first choice turned down the job. Ahern was among four finalists to interview publicly for the...

Full-year financials worsen at Massachusetts’ largest hospital system

After making strides toward financial recovery in 2023, Mass General Brigham financial losses worsened incrementally over the course of the past year ending in September. In its financial report for the full fiscal year 2024, which ended on Sept. 30,...

Barbara Lynch’s firm reaches deal with City of Boston over tax dispute

The sale of two of Barbara Lynch’s remaining restaurants, the celebrated No. 9 Park and B&G Oysters, will be able to move ahead under an agreement between Lynch’s restaurant entities and the city of Boston. The city sued Lynch’s restaurants...

Berkshire Bank to buy Brookline Bank in $1.1B deal

Two Massachusetts financial institutions and their parent companies, Berkshire Hills Bancorp Inc. and Brookline Bancorp Inc., announced a deal Monday in which Berkshire would acquire Brookline for $1.1 billion in stock. Berkshire is the parent of Berkshire Bank, ranked as...

Boston’s business community can’t stop talking about these two letters – The Boston Globe

As Jay Ash exited Governor Maura Healey’s ceremonial signing of a $4 billion economic development bill on Tuesday, he was asked by a reporter what’s on the minds of the high-powered executives in his group, the Massachusetts Competitive Partnership.The...

Herb Chambers donates $100M to MGH for new tower

Boston businessman Herb Chambers has given $100 million dollars to Massachusetts General Hospital for a tower at the hospital’s new building under construction.  The East Tower of the Phillip and Susan Ragon Building will be named the Herb Chambers Tower...

Building in downtown Boston to be sold, turned into 100-plus apartments

A Newton-based real estate firm has proposed turning an office building in downtown Boston into 110 apartments, making it one of the largest projects in the city’s office-to-residential pipeline. Dinosaur Capital Partners applied for a city tax break in connection...

Dorchester Brewing sells building for $10M, casting doubt on its long-term future

Dorchester Brewing Co.’s co-founder has sold the company’s taproom and brewery to the plumbers union next door for $10.2 million, casting doubt on the popular spot’s long-term future. The brewery is leasing the Massachusetts Avenue property back from Plumbers &...

Subscriber growth stalls at Boston Globe

For more than a year now, the Boston Globe has been unable to grow its online audience fast enough to make up for a steady loss of print subscribers. The Boston Globe Media Co. filed its semiannual report to the...

Pickleball club coming to South Boston mega-development

There’s more pickleball coming to South Boston. A new business named PickleBOS has signed a lease for 26,000 square feet at 4 Alger St., one of the properties where Core Investments is planning its “On The Dot” mega-development on Dorchester...

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