Bussiness

Boston business owner schemed to buy $10M in gold, silver bars, feds say

A Boston man bought more than $10 million worth of gold and silver bars in a tax-avoidance scheme involving his plumbing and heating business, federal prosecutors said Tuesday. Claudio Poles, a 78-year-old from Dorchester who co-owns the Mattapan business, was...

Cambridge startup nabs big pharma deal worth up to $1.8M after ‘reset’

Torben Straight Nissen took over the reins of Repertoire Immune Medicines at the tail end of 2022, at a time when the Cambridge company was in need of a reset. Nissen's arrival coincided with Repertoire’s decision to scrap its two...

Northeastern helps a new crop of healthcare startups in Maine

Ten new healthcare tech startups are taking part in Northeastern University's Roux Institute, with a year-long residency program that promises mentorship for the startups and innovation for Maine’s economy. The Roux Institute, based in Portland Maine, is working with the state to bring entrepreneurs into...

Scottish fish farmer completes Boston Marathon, raising £4,589 for the Gaelic Books Council – Scottish Business News

STIRLING-based fish farmer Stewart Hawthorn has achieved a remarkable milestone by completing the 2024 Boston Marathon and raising over £4,500 for the Gaelic Books Council. Hawthorn, 57, embarked on this marathon journey with a mission to support Scotland’s Gaelic language...

Boston businesses excited for Celtics’ and Bruins’ playoff runs

When it comes to economic impact from Boston sports, April quite literally got off to a running start with the Boston Marathon. With the Bruins and Celtics set to start the playoffs this weekend at TD Garden, excitement and business...

The first apartments at Suffolk Downs can now be rented

The HYM Investment Group and its partners have kicked off pre-leasing at Amaya, the first building scheduled to open at their massive Suffolk Downs redevelopment in Revere and East Boston. The first residents won’t move in until June, but prospective...

Mass General Gets OK to Add Nearly 100 Beds

Massachusetts General Hospital won state approval Wednesday to add 94 beds. The Massachusetts Public Health Council unanimously voted to allow for the expansion. The proposal had previously been shot down in 2022 over concerns about rising healthcare costs. In January, the Business...

Granite Receives Prestigious Boston Business Journal Corporate Ally Award for Commitment to LGBT Solidarity

Earning accolades for inclusivity, the company continues to lead with pioneering LGBTQIA+ initiatives QUINCY, Mass., April 17, 2024 /PRNewswire-PRWeb/ -- Granite Telecommunications, a leading $1.85 billion provider of communications...

Massachusetts cannabis equity businesses get state money after years of waiting

Cannabis social equity businesses are finally set to see an infusion of state money after years of waiting. The Healey-Driscoll administration announced Tuesday that 50 grants, ranging from $20,000 to $50,000, have been distributed to Massachusetts cannabis businesses through the Cannabis...

The grant program that’s bringing diversity to Boston’s storefronts

Becoming an entrepreneur is hard enough. How about paying Boston lease prices? That’s another challenge entirely. Despite how costly a storefront can be, the city of Boston offers grant program aims to bring back commercial storefront activity in areas affected...

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Nurses at Framingham Union Hospital file complaint, claim unsafe conditions

Nurses at Framingham Union Hospital are the latest healthcare workers to sound an alarm over patient safety while laying...