Latest news with #StellaTannenbaum
Boston Globe
14-07-2025
- Business
- Boston Globe
Republic Services sees mounting frustration from towns, officials amid worker strike
Advertisement 'The City of Boston is already experiencing service disruptions as a result of this strike,' the Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up Republic and Teamsters Local 25 have held two negotiating sessions since approximately 400 workers walked off the job, but have yet to end the standoff. On Friday, the two sides met for nine hours, aided by a federal mediator, but remained far apart. They are scheduled to meet again on Tuesday. Union officials said that Republic upped its wage offer, but workers would still earn less than those at other waste management companies. The union also said the company 'refused to budge' on providing health insurance that is more comprehensive than the plan Republic now offers. Advertisement 'We tried everything to get a settlement,' Local 25 President Tom Mari said. 'We even proposed a delay in implementing our health insurance proposal to replace the inferior company health insurance, which would have been a savings to the company. But it was to no avail.' A Republic spokesperson said union is spreading falsehoods. He said the company's proposal on Friday included a pay increase of about 43 percent over five years, with an immediate 16 percent wage increase. The company said 45 percent of its Greater Boston Teamsters drivers earned more than $100,000 last year. Republic said it offers a 'comprehensive health and welfare plan,' and pays 100 percent of the premiums. The Teamsters' proposal, the company said, 'offers no significant benefit at a substantially higher cost.' Stella Tannenbaum can be reached at
Boston Globe
16-06-2025
- Business
- Boston Globe
Sage Therapeutics gets acquired by Maryland drugmaker for up to $795 million
The deal comes after Sage 'We have a proven track record of strong commercial execution, and we look forward to building on ZURZUVAE's U.S. growth momentum and collaboration with Biogen, so that more women with postpartum depression can benefit from this novel treatment,' Supernus president and CEO Jack Khattar said in the news release. Advertisement But the FDA in 2023 did not approve Sage's and Biogen's request to clear Zurzuvae to treat major depressive disorder, a much more prevalent condition. That was a major setback for the companies. In August 2023, Sage Advertisement Supernus will acquire Sage for $8.50 per share — approximately $561 million — plus an additional $3.50 per share if it reaches certain milestones, for a total of up to $795 million, according to the release. Sage was founded in 2010 to focus on brain diseases, and had its initial public offering in 2014. Stella Tannenbaum can be reached at
Boston Globe
02-06-2025
- Business
- Boston Globe
AG Campbell fines Boston restaurant $1.8 million for tip pool violations
In Massachusetts, tip pooling is only permitted for wait staff, bartenders, and other service employees. Staff with managerial responsibilities cannot share in a tip pool, even if they help serve customers, according to Advertisement An employee complaint alleging that workers promoted to managerial roles remained a part of the restaurant's tip pool prompted the investigation, which was handled by the Fair Labor Division at the attorney general's office. Boston's Zuma location at the Four Seasons Hotel at One Dalton is one of its London-based parent company Azumi's 28 permanent and 11 residency locations across the world, according to The fine announced Monday is part of Campbell's broader push to 'protect workers from exploitation, ensure workers are paid the wages they are owed, and hold employers who violate labor and wage laws accountable,' the attorney general's office said. Advertisement Stella Tannenbaum can be reached at
