From childcare to urban planning, these startups take AI to new areas - Boston news - NewsLocker (2024)

The venture studio accepted 17 startups from over 180 applications. The final list of 17 was selected for their outstanding innovation and impact at the intersection of AI and climatetech, healthcare, life sciences, fintech, and more.

With Biogen's Q2 earnings this week, all eyes are on its Alzheimer's drug

Analysts will be looking for a sales jump in the second quarter to meet fiscal year 2024 predictions. Here's what else to look for this week.

F. L. Putnam acquires three investment advisors

The three acquisitions give the Lynnfield a total of $10 billion in assets under advisem*nt, 2,500 clients, nine offices and 120 employees across 15 states.

Hotel 'equity membership' model hits Nantucket

A 26-room boutique hotel and membership club at Brant Point, one of Nantucket's most iconic areas, offers ACK lovers a different model than summer rentals: equity ownership.

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Eastern Bank Executive Chairman Bob Rivers said the full impact of the Cambridge Trust merger will be discussed during the Eastern Bank’s third-quarter report in late October.

Ben, Jerry and Gossip Girl star come together to celebrate racial amity with ice cream

Ben, Jerry, and the star of Netflix's "You" are anticipating thousands to show up to discuss racial justice with them as they eat free ice cream.

After FTC involvement, here’s when AbbVie-Cerevel deal could close

After concerns that the Federal Trade Commission could derail or delay AbbVie’s pending acquisition of Cerevel Therapeutics Inc., the deal appears to be moving forward.

New Boston Beer CEO sees promise in iced tea vodka

Boston Beer’s new CEO, Michael Spillane, said he sees promise in non-beer brands like Twisted Tea and in a new brand launched in March, an iced tea vodka called "Sun Cruiser."

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Steward Health Care to close two Massachusetts hospitals

Steward announced on Friday its intention to close two hospital facilities, saying the hospitals did not receive qualified bids in the sale process.

EU regulator rejects Biogen, Eisai’s Alzheimer's drug

The European Union's drug regulator laid out why it decided not to approve an Alzheimer's disease drug made by Eisai Inc. and Cambridge’s Biogen Inc. All eyes now move to Biogen's second-quarter earnings call next week.

Second group of Boston nurses, this time at Faulkner, vote in favor of strike

Some 341 nurses voted in favor of a one-day strike; one voted no.

VC firm buys new Watertown lab building for $56M

Greater Boston is seeing few lab sales these days, given elevated interest rates and the steep drop-off in demand for lab space.

Five things: Analog Devices, a Cambridge exit, and the subway just got smarter

Good morning, Boston. Happy National Chocolate Milkshake Day. Here are the five things you need to know in local business news to start your Friday.Hannah Green reports that semiconductor giant Analog Devices is teaming up with Flagship Pioneering to build new startups with the aim of developing what it calls a "fully digitized biological world."Hannah also reports that a publicly traded Cambridge biotech disclosed in a securities filing that it plans to move its corporate headquarters to&hellip

A chef's career, from restaurant to home kitchen

Janice Carte never thought she’d be in the culinary world. But as founder of Tiny Spoon Chef, she's leading a team of chefs who make at-home meals in cities across the country.

Top-paid CEOs in Mass. have median tenure of seven years

Of the top 50, 19 have been in the job for more than a decade, while six began since last year, according to a Boston Business Journal analysis.

Cuts at Cue Biopharma include CEO salary, 25% of jobs

One Boston biotech is reducing its staff by about 25% and its chief executive is taking a 50% salary cut to extend the company's runway.

On ADA anniversary, advocates look to expand workplace accessibility

On the Anniversary of the Americans with Disabilities Act, disability rights advocates are waiting anxiously to see if a bill to get their community into buildings with less barriers will survive.

Eastern Bank touts Cambridge Trust merger as assets, income drop in Q2

A few weeks after completing its acquisition of Cambridge Trust, Eastern Bank has released its second-quarter financial results.

New exec will lead Dana-Farber's 300-bed cancer hospital effort

Dana-Farber Cancer Institute has hired the executive who will lead planning and development of its proposed 300-bed cancer hospital.

Boston property tax-shift bill clears first step on Beacon Hill

The state legislature's Revenue Committee gave a favorable report to the home-rule petition that would allow Boston Mayor Michelle Wu to shift more of the property tax burden onto commercial owners.

Bids submitted for all Mass. Steward hospitals, says Healey

"We've received qualified bids. We are evaluating those now, and it's currently with the parties right now in New York," Gov. Healey said.

Boch Center names successor to longtime CEO

The Boch Center's successor for longtime leader Joe Spaulding was found from right here in the Massachusetts performing-arts community.

Nurses at BWH, Faulkner to vote on one-day strikes

Some 4,500 nurses represented by the Massachusetts Nurses Association will vote over the next two days to authorize one-day strikes at Brigham and Women’s Hospital and Brigham and Women’s Faulkner Hospital.

Court-mandated ombudsman says Steward hospitals overall safe, despite concerns

The court-mandated patient care ombudsman who is monitoring care at Steward Health Care-owned hospitals during bankruptcy proceedings said that she has not seen any problems requiring immediate attention, but identified areas of potential concern.

Bob Langer, who helped develop mRNA, steps down from Moderna’s board

Langer is an MIT chemist who co-founded Cambridge drugmaker Moderna Inc. and helped develop the technology behind messenger RNA-based drugs and vaccines.

Fidelity-affiliated Seaport Hotel workers picket, call for boycott

Workers at the Fidelity Investments-affiliated Seaport Hotel picketed in front of the hotel to announce a boycott calling for customers to avoid the destination until their union is recognized.

At Jack Connors' passing, Boston business leaders reflect on his life, impact

Jack Connors Jr., a founding partner and longtime CEO at legendary Boston advertising agency Hill Holliday, has died. He was 82.

Edge computing startup secures $16.5M in early-stage funding

A Boston-based startup secured $16.5 million in total seed financing to grow its workforce and reach out to more businesses.

Five things: Hanco*ck's office space, mutual banks, top ZIP codes and meeting overload

Good morning, Boston. Here are the five things you need to know in local business news to start your wet and muggy Tuesday.Trajan Warren reports that Mutual banks among the top 25 largest banks in Massachusetts increased their market share by 25% from 2022 to 2023, a fact that bank leaders attribute to technology, their relative stability and customer-first strategic thinking.House Democrats are ready to impose significant new regulations on the prescription drug sector, adding another major&hel

New Flagship spinout designs drugs using generative AI, chemistry

Flagship Pioneering’s latest startup builds on recent advancements in generative artificial intelligence and high-throughput chemical synthesis to create a new type of medicines it calls “Synteins.”