Boston Business Journal

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...

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...

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...

First-of-its-kind rapid EV charging comes to Mass.

Massachusetts has become the first state on the East Coast and the second in the country to feature a new rapid EV charging station that's the fastest available. Rivermoor Energy, a company based in South Boston, received a $2.46 million federal...

Massachusetts hospital system to lay off 134 workers

Baystate Health in Springfield, the largest health system in western Massachusetts, is laying off 134 employees, roughly 1% of its workforce, in an effort to reduce costs. The 134 roles are leadership positions, according to Baystate. The nonprofit health...

Thermo Fisher to close Lexington facility, cut 160 jobs in Mass.

Thermo Fisher Scientific Inc. plans to lay off employees in connection with the closing of a Lexington facility, as well as reducing its workforce at sites in Plainville and Cambridge.  The Waltham-based company, which is the largest medical device firm...

Commission offers prime Providence HQ site for $1 to keep Hasbro in Rhode Island

The quasi-state panel in charge of allocating a swath of prime development sites in Providence has agreed to offer its most prominent parcel to Hasbro Inc. in a pitch to keep the company from moving to Massachusetts. The I-195 Redevelopment...
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Holiday travel troubles after snowstorm in New England

The snow has stopped but we are still seeing the lingering impact of it at Logan airport on Saturday...
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