Boston Biz Journal Headlines

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  • Bike and scooter-sharing startups leave trail of questions in local cities July 20, 2018
    Startups from China and Silicon Valley are in a global war to get us all hooked on new forms of urban transportation, and local governments are starting to look like collateral damage. On Friday, city officials from Quincy, Cambridge and Somerville were all dealing with the fallout from unexpected moves by companies that rent out shared bikes and electric scooters to city residents for just a few dollars per ride. “We got caught up ... in a larger macro-economic situation,” said Chris Cassani,…
  • Cambridge's Agios wins FDA approval for second cancer drug July 20, 2018
    The FDA approved a cancer drug from Agios Pharmaceuticals Inc. on Friday after a Phase 1 clinical study found it aided a small group of patients suffering from a rare type of leukemia. Cambridge-based Agios (Nasdaq: AGIO) is developing treatments for several types of cancer, including acute myeloid meukemia, or AML. The rare blood and bone marrow disease worsens quickly and accounts for approximately one percent of cancer patients, according to the National Cancer Institute. Last year, Agios won…
  • Facebook reportedly suspends Boston data startup Crimson Hexagon July 20, 2018
    Facebook Inc. has suspended Boston-based data startup Crimson Hexagon Inc. over concerns about how the company used public Facebook data, according to the Wall Street Journal. Crimson Hexagon has been suspended from accessing Facebook (Nasdaq: FB) and Instagram data while the social media giant conducts an investigation, according to the report. The investigation stemmed from the Wall Street Journal's questions over Crimson Hexagon's work for customers "including a Russian nonprofit with ties to…
  • Boston car-sharing startup Lula Rides to relocate to Miami July 20, 2018
    Lula Rides, a Boston-based car-sharing startup that connects college students to other students who want to rent their vehicles, plans to relocate to Miami by May 2019. Lula Rides President Michael Vega-Sanz told the South Florida Business Journal that the company would start out in a local Regus or WeWork office space unless it finds a better option to accommodate its growth. The company currently has 10 full-time workers, and Vega-Sanz, who runs the company with his twin brother, Matthew, expects…
  • Massachusetts labor pool hits an 11-year high July 20, 2018
    The state’s labor pool hasn’t been this full since before the financial crisis, the Executive Office of Labor and Workforce Development reported Friday. Massachusetts’ labor force participation rate hit 66.9 percent in June, half a percentage point higher than the previous month, according to the agency. The statistic measures the percentage of state residents 16 or older who either have a job or have looked for one in the past four weeks. The last time the rate reached that level was in…
  • Boston Scientific buys California stroke prevention startup for $220M July 20, 2018
    Boston Scientific Corp. announced Thursday that it will pay $220 million to buy Claret Medical Inc. and the system it has developed that reduces the risk of stroke during certain heart surgeries by 63 percent. Santa Rosa, California-based Claret received FDA approval last year to market the Sentinel Cerebral Embolic Protection System, which protects the brain during aortic valve replacements. Claret cites multiple studies showing that 4 percent of patients suffer from strokes after the procedure…
  • State Street makes tech splash with $2.6B Charles River buy July 20, 2018
    State Street Corp. said Friday it will buy Burlington-based investment management software maker Charles River Systems Inc. for $2.6 billion, a deal meant to bring the banking giant closer to its goal of being a market leader in financial services technology. The acquisition, an all-cash transaction expected to close in the fourth quarter, will give State Street (NYSE: STT) a major software platform for client-facing services such as trading. The Boston-based company already has sizable platforms…
  • Five things you need to know today, and we are the 1 percenters July 20, 2018
    Happy Friday — here are five things you need to know in Boston business news to help start your busy day, and a few other things people are talking about (but not the etymology of tag. Though here's a hint: It's not "touch and go"): When Whiskey Priest becomes a condo tower, here's what it will look like Catherine Carlock reports that the Seaport Boulevard site that is currently home to Atlantic Beer Garden and Whiskey Priest — slated to become a luxury condominium tower — will be branded…
  • BBJ fetes CFOs of the Year for collaboration, accomplishments July 20, 2018
    The Boston Business Journal held its annual CFO of the Year awards program at the Boston Seaport Hotel on Thursday, where more than 370 finance and accounting professionals gathered to honor the region's top chief financial officers. Tom May, chairman emeritus of Eversource Energy, accepted the F. Gorham Brigham Lifetime Achievement Award. Brigham was a longtime Boston finance professional who died in the fall of 2016 at the age of 101, and who was active in mentoring and connecting others right…
  • Report: Indigo Ag raising up to $300M in new round July 20, 2018
    Charlestown-based Indigo Ag Inc. is looking to raise up to $300 million in a new round of funding, according to a report from market research company PitchBook Data. In its report on Thursday, PitchBook also estimated that Indigo could be valued at up to $3.5 billion as part of the funding round. The report does not indicate the source of either figure, and a PitchBook spokesperson did not immediately respond to a request for clarification. Both Indigo and Flagship Pioneering, the venture capital…

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Boston Celtics news

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NRPC Seminar: FDIC Insured Investments

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Title: NRPC Seminar: Principal Protected Investments
Location: 330 Homer Street, Newton, MA 02459
Description: Principal Protected Investments combine some of the features of a fixed-income security, such as return of principal at maturity, with the potential for capital appreciation that you get from equities. They are designed to protect against losses at maturity, while providing the opportunity to participate in the gains on an equity investment.

Presented by: Mr. Richard Suder, CFA, CFP®, ChFC, CLU, CRPS, AAMS

Richard is an experienced independent financial advisor and the President of Auri Elan Financial Group located in Newton.  Securities and Advisory Services offered through LPL Financial. A Registered Investment Advisor, Member FINRA/SIPC. He holds various prestigious professional designations including Chartered Financial Analyst (CFA), Certified Financial Planner (CFP®), and etc.

Start Time: 19:00
End Time: 20:30
Date: 2011-03-10

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