Boston Business Journal

Massport board picks former transportation secretary Rich Davey as CEO

The Massachusetts Port Authority’s board on Wednesday selected Rich Davey, the state’s former transportation secretary and the current head of New York City public transit, to be its next chief executive and executive director. In a 5-to-2 vote, the board...

After $750M deal, DraftKings reportedly eyeing another acquisition

Days after closing the $750 million acquisition of the largest lottery app in the U.S., DraftKings Inc. is reportedly looking at another deal. The Boston-based sports betting company is discussing the acquisition of Simplebet, a micro-betting provider based in Manhattan,...

GBH general manager leaving after 4 years

Pam Johnson, who was named general manager of GBH News in 2020, is leaving the organization, she told staff in an email Monday. "I won’t bury the lede. I have decided the time is right for me to step aside...

David Beckham joins Needham-based SharkNinja as ‘global brand ambassador’

SharkNinja is the latest Boston-area tech company to ink a promotional deal with an athlete of international fame. British soccer star David Beckham, the former professional midfielder known for his signature curved free kick, will act as a "global brand...

Boston Medical Center names top doc as first-ever president in leadership restructuring

Boston Medical Center has appointed Dr. Anthony Hollenberg as the new president of the hospital. Hollenberg will report to Dr. Alastair Bell, who will continue to serve as president and CEO of Boston Medical Center Health System. This is the...

Massachusetts cannabis board launches search for new leader

The Cannabis Control Commission has launched a national search for its next executive director. The role has been officially vacant since Dec. 4, following months of turmoil at the CCC in the latter half of 2023. Watch NBC10 Boston news...

No deal: Tripadvisor stock plunges after sale or merger is ruled out for now

Three months ago, Needham-based travel metasearch company Tripadvisor formed a special M&A committee to evaluate potential suitors. On Wednesday, the committee announced its conclusion: "At this time, there is no transaction with a third party that is in the...

Massachusetts-based IRobot names new, permanent ‘turnaround’ CEO

iRobot Corp. has found its new leader, about three months after its longtime chief executive and co-founder Colin Angle left his role in the wake of the collapse of the Amazon merger. The Bedford-based Roomba maker said Tuesday that Gary...

What’s next in the Steward Health Care bankruptcy?

Steward Health Care filed for Chapter 11 bankruptcy protection on Monday. Here’s what’s next in the Dallas-based, for-profit hospital system’s proceedings, and how Massachusetts officials are expected to respond. In a letter to Steward employees from chairman and CEO Ralph...

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...
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Large storm could impact northeast around Thanksgiving. Here’s what we know.

A sizable storm could impact the northeast toward the end of the Thanksgiving travel week. Here's the latest forecast...
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