Five things, plus dangerous temps, Beatles history and the Little League World Series
1. St. Regis developer hit with new lawsuit over contract
The developer of a luxury condo tower in the Seaport has been sued by a brokerage firm for breach of contract regarding the settlement of an earlier legal battle.
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2. Is this PE-backed CPA firm looking to enter the Mass. market?
One of the country's biggest public accounting firms has gotten a boost from private equity, fueling its possible expansion into Massachusetts and other states, William Hall reports.
3. How Mass. plans to pay out nearly 70,800 Uber Lyft drivers
Nearly 70,800 Massachusetts drivers are expected to start seeing payments in the next few weeks from the Attorney General Office's multiyear litigation with Uber and Lyft, which last year ended with a settlement in which drivers would be paid a total of $140 million in back pay, Lucia Maffei reports.
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4. BBJ's 40 Under 40 announced
The Business Journal has selected 40 professionals under 40 for its annual BBJ 40 Under 40 recognition, which includes an event at Caveau on Oct. 15. Scroll down to see who made the list.
5. Boston developer expands downtown office footprint
Grant Welker also reports that Boston developer Redgate has committed to a 10,000-square-foot lease at the 100 Federal St. office tower in downtown's Post Office Square, just a few blocks from its current address at 265 Franklin St.
What else you need to know
By the numbers
85 degrees — indoor temperature at a mental health facility in the South End, where workers are raising safety concerns for themselves and patients
raising safety concerns 18 — days this summer with temperatures over 90 degrees
$50.5 million — bridge loan to refinance two life sciences buildings in East Cambridge known as Cambridgeport Labs
refinance two life sciences buildings 135 —
companies from Massachusetts on the latest Inc. 5000
, down from 138 locally based companies last year
Names and faces
The sale of the Boston Celtics to a group led by private equity mogul Bill Chisholm has been approved by the NBA. The deal values the franchise at more than $6.1 billion, the largest ever for an American professional sports team, and the league said the transaction is expected to close shortly.
Chris Davis, global brand president and chief marketing officer of New Balance, will join the honorary board of Boston 26, the nonprofit organization responsible for the FIFA World Cup 26 tournament preparations and celebrations in the Boston region.
Today in history
On this day in 1962, The Beatles and their manager, Brian Epstein, decided to let go drummer Pete Best. (One day later, John Lennon and Paul McCartney would visit drummer Ringo Starr and ask him to join the band.) (On This Day In Music)
What's good on WERS-FM
Happiness, by The Heavy Heavy
What I'm watching
Department Q, on Netflix
My favorite news story
As an editor whose newsroom publishes dozens of stories a week, I probably shouldn't have favorites. Often, I'm asked 'what's your favorite story this week?' and usually I'm hard-pressed to come up with an answer. Today, my favorite story is not a business story at all. It's the Braintree Little League team in the Little League Baseball World Series.
You've heard by now that the Braintree American Little League is scheduled to take the field in Williamsport, Pennsylvania, today. They take on the Southeast team from Irmo, South Carolina, at 3 p.m., and I can't wait.
The Little League World Series is always fun to watch, and with a hometown team representing all of New England, everyone in your office will likely be talking about today's game.
Don't believe me? Take it from Steve Pratt, vice president of Braintree American Little League, who spoke with GBH News: 'I mean, just the entire town, the entire region, everywhere you go, that's all people want to talk about. And now seeing the boys down in Williamsport, putting on their new uniforms, you know getting their new equipment, it's unbelievable and it's been an incredible journey since the very beginning of the summer.'
Here's hoping the journey continues for a couple more weeks.
PARTING SHOT
Here's who made the 2025 BBJ 40 Under 40, announced yesterday:
Expand
The Boston Business Journal chooses 40 stars of business to highlight in 2025.
Alexandra Mason
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