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Five things you need to know, and meet me at the zoo

Good morning, Boston. Today is National Vinyl Record Day. Here are the five things you need to know in local business news to start your Tuesday, and a fun night of networking at the zoo. 1. Cancer biotech cuts 25% of workforce; RNA firm shuts downs Hannah Green reports that Bicycle Therapeutics — citing the "macroeconomic environment and the importance of preserving capital' — is laying off 25% of its workforce, while NextRNA Therapeutics is winding down its operations and laying off employees as well. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events 2. B-Who? Texas school says it owns 'BU' logo Texas-based Baylor University has sued the Trustees of Boston University, alleging trademark infringement over a specific logo that features the letters B and U interlocking, Maya Shavit reports. 3. Global Partners sues MassDOT in ongoing service plaza dispute Kate Keeley reports that Global Partners LP is accusing the state Department of Transportation of violating public record law in a lawsuit. Sponsor this page! Want your brand aligned with the 5 Things You Need to Know? Contact Jill Cohen for more information and sponsorship opportunities. 4. Gov. Healey seeks to end GLP-1 coverage for public employees Isabel Hart reports that Gov. Maura Healey is seeking to save millions of dollars by ending coverage of GLP-1 drugs for weight loss, which the administration said would save $27.5 million through fiscal 2026. 5. Why this local fusion energy firm is kind of a big deal Lucia Maffei recently went to Devens to tour the campus of MIT spinoff Commonwealth Fusion Systems, which says it wants to make Massachusetts the birthplace of commercial fusion energy. What else you need to know By the numbers $875 million — acquisition price paid by Progress Software for Raleigh software firm ShareFile last year; Progress now has 175 employees in Raleigh now has 175 employees 60 acres — size of the headquarters campus at commercial fusion energy company Commonwealth Fusion Systems in Devens headquarters campus 1,750 — lawyers at newly named law firm McDermott Will & Schulte across more than 20 offices in the U.S. and Europe R.I.P. The Boston innovation community is mourning the loss of Mike LaRhette, the chief business officer of LabCentral and a former president of the MassChallenge accelerator program, who died this weekend in a boating accident. Today in history On this day in 1964, The Beatles' first film 'A Hard Day's Night' opened in movie theaters across the U.S. (On This Day In Music) What's good on WERS-FM Bring On The Night, by The Police What I'm watching The Gilded Age, on Max Meet me at the zoo What are you doing tomorrow night? Been to the Franklin Park Zoo lately? The Boston Business Journal and our host, Zoo New England, are holding the Summer Soiree at the Zoo tomorrow, Aug. 13, from 4 p.m. to 6 p.m. Not only do you get to spend the afternoon networking and connecting with peers in the business community, but you also get to see up-close and personal experiences with some of the Franklin Park Zoo's animals at the Tropical Forest and the Gorilla Grove. The zoo will be closed to the public during that time, so you'll have the place to yourself. And it gets even better: All guests who purchase a ticket to the soiree also gain access to 'Boston Lights: A Lantern Experience' later that evening. If you've never been, Boston Lights is an illuminated, night-time event that features large-scale lanterns, immersive walkthroughs, interactive displays, and social media–worthy photo opportunities. Last good news: If you use code 'ZOO30,' you can receive $30 off all single tickets. Bring your family! Bring your kids! Hope to see you there. PARTING SHOT Here is a promotional video of Boston Lights from two years ago, to give you a sense of what you could experience tomorrow night. Subscribe to the Morning Edition or Afternoon Edition for the business news you need to know, all free. The Largest Healthtech Companies in Massachusetts Total Mass. employees Rank Prior Rank Firm/Prior rank (*unranked in 2024)/URL 1 1 athenahealth 2 2 InterSystems 3 5 Veeva View this list