Boston Biz Journal Headlines

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  • Boston’s Amazon bid to focus on ‘one location' in Eastie, Walsh says October 18, 2017
    Boston Mayor Martin J. Walsh said on Wednesday that the city’s bid to win Amazon’s 8 million-square-foot second headquarters campus would be “focused around one location” in East Boston. Walsh, in an interview on WBUR’s Radio Boston, did not directly confirm that the location is Suffolk Downs, the 161-acre horse racing track located primarily in East Boston that Boston-based real-estate development firm The HYM Investment Group acquired in May for $155 million. However, WBUR reported that…
  • Viewpoint: Where have you gone, Don Draper? Our colleges turn their lonely eyes to you October 18, 2017
    There was a time when a school’s academic reputation, place in the community, and successful graduates said all that needed to be said about institutional worth. Those days are over.
  • Court rejects 'Hail Mary' attempt to save Boston Children's garden October 18, 2017
    A Hail Mary attempt to revive a beloved garden has failed, with a state court siding in favor of Boston Children’s Hospital in a lawsuit over the hospital’s expansion. Advocates for the Prouty Garden filed the suit in November 2016 to protest the state’s approval of a billion-dollar project by Boston Children’s Hospital, which is building an 11-story, 575,000-square-foot building on the site of the former garden. The state approved the plans in October 2016 after a 10-month review, despite…
  • Mass. biotechs flush with cash as VC dollars pour in October 18, 2017
    Life sciences firms based in the state raised more than $3 billion in venture capital investments in 2016, according to a report this week by trade group MassBio.
  • Starting with a smile, Worcester pitches $500M in property-tax breaks to land Amazon HQ2 October 18, 2017
    Worcester’s Amazon bid starts with a smile.  “Birthplace of the smiley face | home to many smiling faces,” the cover page of the city’s recently released proposal to land Amazon’s second headquarters states. The bid proposes a 98-acre site in the Grafton Hill neighborhood as a potential home for Amazon’s so-called HQ2, a proposed $5 billion, 50,000-job second headquarters campus. The proposed site is split among a 22.2-acre parcel, a 53.9-acre parcel, and a 21.9-acre parcel on Worcester’s…
  • New Hampshire trashes Boston in Amazon HQ2 pitch October 18, 2017
    New Hampshire officially entered Amazon.com Inc.’s headquarters sweepstakes on Wednesday, putting forward a 603-acre, shovel-ready site in Londonderry as the tech giant’s future home away from home. But for a bid that repeatedly touts the Granite State’s proximity to Boston as one of its chief assets, it sure devotes a lot of ink to bashing the Hub. The tone is established from the very first page after the table of contents, with the header reading: “All the Benefits of Boston Without…
  • These 7 teams have ideas about how to expand Boston’s convention center October 18, 2017
    The renewed process to determine how best to grow the Boston Convention and Exhibition Center follows an early 2015 decision by Gov. Charlie Baker to freeze $1 billion in funding for the planned 1.3 million-square-foot convention center expansion.
  • In line with Flannery's strategy, GE seals deal with Apple for industrial IoT apps October 18, 2017
    General Electric Co. announced Wednesday it is partnering with Apple Inc. to allow developers to build iPhone and iPad apps for the Industrial Internet of Things, a key part of GE's strategy for the future. The partnership will combine Apple's iOS with Predix, the industrial data management platform built by the GE Digital division. The GE Digital team makes up a significant portion of the company's temporary Boston headquarters, with about 150 workers there. The deal with Apple follows the outline…
  • Boston’s Summer Street corridor booming with restaurants, luring new office tenants October 18, 2017
    When it’s time for lunch for those who work along the Summer Street corridor in downtown Boston, the dining options are bountiful. Within a five-minute walk, there are dozens of eateries: fast casual to fine dining; grab-and-goes to white table cloths; ethnic fare to barbecue joints; outdoor patios to indoor haunts. Want to grab something quick, but still healthy and tasty, in the middle of your busy day? How about a salad with fresh and seasonal ingredients from Sweetgreen, or Mediterranean-inspired…
  • Alnylam to partner with Scangos-led biotech on infectious disease drugs October 18, 2017
    Vir Biotechnology, a San Francisco-based startup led by former Biogen CEO George Scangos, said Wednesday that it will work with Alnylam Pharmaceuticals to develop infectious disease treatments using the Cambridge company’s experimental technology. Under the agreement, the companies will collaborate to develop one of Alnylam’s (Nasdaq: ALNY) potential drugs for hepatitis B, plus up to four additional treatments for infectious diseases. Alnylam will be eligible to receive over $1 billion in payments…

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About Richard Suder, CFA, CFP®

As the founder of Auri Elan Financial Group, I am an experienced independent financial advisor and insurance agent specializing in providing comprehensive and objective investment consultation, financial and insurance planning to individual investors, companies, select group of affluent families and entrepreneurs. Please contact me for a complimentary Portfolio Review. You deserve nothing less than a CFP and a CFA Charterholder for your finance!
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