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Business Journals
9 hours ago
- Business
- Business Journals
Five things: Business confidence, urban farms, craft brewers, cats to dogs
Good morning, Boston. Here are the five things you need to know in local business news to start your busy Monday. 1. Mass. business confidence rebounds The AIM Business Confidence Index rose last month, but still sits in pessimistic territory, William Hall reports. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events 2. $87M award for 'green' concrete maker slashed by DOE Sublime Systems, the Somerville maker of low-carbon cement, has lost a $87M federal award. Eli Chavez reports that it was one of 24 that were clawed back by U.S. Secretary of Energy Chris Wright. 3. Who's leading Boston's urban farm revolution Despite the recent collapse of Freight Farms, urban farmers in Boston say the mission and the model are both strong. The cover story of the latest Weekly Edition, by Don Seiffert, has more. Start each day with the 5 Things You Need to Know. Sign up for the Morning Edition. 4. Mass. celebrates MBTA Communities win Grant Welker reports that a Superior Court judge has ruled in the state's favor in a lawsuit filed by nine Massachusetts towns that looked to not have to abide by a law requiring denser residential zoning in communities with MBTA transit access. 5. Craft brewers combine forces to expand Among New England breweries, mergers have become the new route to growth, Maya Shavit reports as part of the Business Journal's exclusive list of the largest breweries in Mass. What else you need to know By the numbers 700 — new nurses needed by the Dana-Farber Cancer Institute for its new $1.7 billion cancer hospital. Isabel Hart reports on how it plans to hire them how it plans to hire them 100 — academic faculty jobs at Clark University expected to be eliminated over the next three years through attrition and retirement, Maya Shavit reports expected to be eliminated 38 — number of dogs walked simultaneously by an individual last September, setting a Guinness World Record (scroll down for more) Weekend box office The John Wick spinoff "Ballerina" opened to a sluggish start as Disney's "Lilo & Stitch" continued to dominate the box office. New England Business Report Did you hear Don Seiffert on the New England Business Report with Joe Shortsleeve and Kim Carrigan on WRKO yesterday? If you missed it, you can listen here. Today in history On this day in 1953, Worcester County was devastated by the strongest tornado ever to hit New England. (Read more at Birds I'm seeing Black-crowned Night Heron in Belle Isle Marsh, East Boston What's good on WERS-FM Candy's Room, by Bruce Springsteen What I'm watching Man on the Inside, on Netflix From cats to dogs On Friday, I brought you kittens. Today, with a hat tip to Greg Reibman at the Charles River Regional Chamber, whose newsletter alerted me to this, it's the dogs. Not just any dogs: It's a peeing, pellet-shooting robot dog — one that is clearly a ripoff of Boston Dynamics' dog robot, Spot. Why does this exist, you ask? That's a good question, and I guess we have Temu to blame. As for whether you should own one, that is a question I cannot help you with. But Wired magazine bought one, and writes that for less than the cost of a round of drinks, this 'plasticized Boston Dynamics fever dream could be yours too.' PARTING SHOT See the winner of the Guinness World Record title for the most dogs walked simultaneously by an individual, set on Sept. 5 2024, in Goesan, South Korea: Subscribe to the Morning Edition or Afternoon Edition for the business news you need to know, all free. Massachusetts' largest residential mortgage lenders Massachusetts-area mortgage volume, 2024 Rank Prior Rank Business name / 1 1 Guaranteed Rate 2 2 Leader Bank NA 3 3 Crosscountry Mortgage Inc. View this list
Business Journals
4 days ago
- Business
- Business Journals
Five things: Local Fortune 500, a new HQ, homing pigeons and a new sport: Data diving
Good morning, Boston. Happy National Ketchup Day. When my daughter was growing up, ketchup was not a condiment, it was an entire food group. Now, here are the five things you need to know in local business news to start your busy Wednesday. 1. The Michelin Guide is Eurocentric, elitist and now it's in Boston Could a clam shack actually get a Michelin star? What makes a tire company an authority on cuisine worldwide?Is Michelin merely a well-regarded shakedown? An Emerson College expert in food studies has the answer. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events 2. Boston Globe stops reporting digital subscriber numbers Don Seiffert reports that The Boston Globe has stopped the periodic reporting of its number of digital subscribers at a time when its online subscription growth is slowing. 3. CVS, TJX top local companies in Fortune 500 rankings The largest companies in Massachusetts and Rhode Island are climbing up the Fortune 500 List, and Maya Shavit reports on where those 23 companies now stand. Do you like the Five Things? Make sure to subscribe — free — to our Morning Edition emails so you have it in your inbox each day. 4. French manufacturing-software maker eyes Boston for HQ A Paris-based company that makes software for biomanufacturing operations has closed a $25 million funding round and plans to use the money to open its North American headquarters in Boston, Jess Aloe reports. 5. NWN Corp. acquires second IT company in eight months Eli Chavez reports that Boston-based IT services company NWN Corp. has acquired a Missouri-based IT company known for its expertise in Amazon Web Services cloud technology, generative AI, and AWS Connect, a customer service offering from Amazon. What else you need to know By the numbers 129 feet — height of a proposed seven-story building on Lansdowne Street that would loom over Fenway Park's Green Monster loom over Fenway Park's Green Monster $50.4 million — funds raised for charities in the 2025 Boston Marathon, surpassing the previous fundraising record of $45.7 million set last year surpassing the previous fundraising record 50 — attorneys and staff at Faber Daeufer & Itrato PC, a boutique biopharma law firm that is now part of Washington, D.C.–based Crowell & Moring LLP What's going on? The ALX Business Summit takes place today at GBH Studios from noon to 7 p.m., where Latino businesses will be showcased, awards will be given, and Gov. Maura Healey and Amy Kershaw, commissioner of early education and care, will join ALX President and CEO Eneida Román in a conversation on childcare and the economy. Names and faces After retiring two months ago as the leader of Liberty Mutual, David Long is now a board director of MassMutual. Where's the money? Small-business grants you can apply for in June — and where to find them. Today in history On this day in 1851 an abolitionist newspaper published the first installment of Harriet Beecher Stowe's "Uncle Tom's Cabin," which a Boston publisher issued in book form the following March. Fun fact: That summer, while her book was fast becoming a phenomenon at home and abroad, Stowe and her family moved to Andover, where they lived for the next 12 years. (Read more at Birds I'm seeing Least Tern in Belle Isle Marsh, East Boston What's good on WERS-FM Talkin' Bout a Revolution, by Tracy Chapman What I'm watching The Recruit, on Netflix Data diving: A new way to size up Massachusetts As business readers, I know you all love a good set of data to chew on. Well, this morning, as you munch your Wheaties, I've got a new and fascinating place for you to check out and get your fill of data. It's called US Data Labs, and it's an effort by the Boston-based think tank Pioneer Institute that allows you to compare states across more than 150 data measures. US Data Labs takes federal data and, using data-visualization tools from Tableau, enables anyone to track trends over the past two decades, compare and then sort findings across multiple policy areas such as employment and the economy, government finance (ie., pensions, employment, pay), education, population/demographics, energy, transportation and infrastructure, crime/justice and taxation. Take employment and wages, for example. When it comes to the percentage of employees on a per-sector basis, you can quickly see that Massachusetts is ranked third, for example, in educational services and fourth in the U.S. for healthcare and social assistance jobs. It also shows changes in employment by sector, which you can see here: You can also line up Massachusetts against as many as 10 'peer states' in a given category using its Peer Finder tool. Mary Connaughton, chief operating officer of Pioneer, shared some of the many ways our reporters can use these tools to research and identify stories. But it's not just for reporters and researchers — it's for anyone who wants a more transparent view of their government and the data that exists and has been collected for decades. Don't trust the government? Don't trust the media? Now you can look up Census Bureau and FBI crime statistics for yourself. Several social indicators, from human services to environmental protection to immigration, aren't included, so if there's a data set you don't see, you can let Pioneer know. They'll be continuing to work on it, with help from Michael Walker, founding executive director of Fraser Institute and adviser to Data Labs. As Walker said on a demonstration yesterday: 'This is a living, breathing thing.' PARTING SHOT Speaking of living, breathing things, here's a story about the high-stakes world of elite pigeon racing, "where birds are bred like racehorses and auctioned like fine art": Subscribe to the Morning Edition or Afternoon Edition for the business news you need to know, all free. Largest Breweries in Massachusetts Total 2024 beer barrel production Rank Prior Rank Brewery/Prior rank (*unranked in 2024)/ 1 1 Samuel Adams/Boston Beer Co. 2 2 Barrel One Collective 3 3 Downeast Cider House LLC View this list
