United Airlines is pushing a big pile of chips into the middle of the table on its bet that there will be a full recovery of international travel—by Americans—in 2023. Unfortunately for the US hotel and hospitality industry, the surge in Americans traveling to Europe may be a one-way street in terms of tourism, as […]
By Hannah Green – Inno Reporter December 07, 2022, 09:54am EST Updated 12/07/2022 2:07 pm For self-described “space nerds” like Mari Anne Snow and Yupeng Chen, being approached by NASA to fund an in-space manufacturing project of their company’s technology was a thrilling moment. “You can imagine, every day we pinch ourselves and go, is this really happening?” Snow said. […]
After about a decade in the role, Emily Reichert has left her role at the helm of one of the largest climate-tech startup incubators in North America. Reichert confirmed on Thursday she stepped down as CEO of Somerville-based Greentown Labs. Her last day was Dec. 5. Greentown Labs published the news on its website Monday, but […]
There’s a new top reason why employees wish to return to the office: to focus on work. That was a somewhat surprising result from Gensler’s new 2022 U.S. Workplace Survey released this week, according to Janet Pogue McLaurin, global director workplace research, principal at Gensler. Gensler had conducted 11 surveys since the pandemic “and this […]
Retail rents in markets across the Americas now stand a whopping 15% above pre-pandemic levels, according to a new report from Cushman & Wakefield. The firm’s Main Streets Around the World report — Cushman’s first in three years — notes that rents across global prime retail destinations slumped 13% from before the pandemic to hit their lowest […]
Rent control advocates in Boston are once again pushing for new rent control laws. Of course they are. Apartment rents rose 17 percent in Boston over the last year, on average, including concessions. There’s no relief in the short term either. Market observers predict rents are likely to keep rising sharply through the rest of the […]
When the U.S. Food and Drug Administration approved the first gene therapy for hemophilia B on Tuesday, it was a win not only for CSL Behring, which owns the rights to the drug, but for Lexington’s UniQure NV. UniQure (Nasdaq: QURE) originally developed the drug, now called Hemgenix, and licensed it to CSL back in 2021. […]
While there is no single answer, one strategy to reduce the racial wealth gap is to motivate more Black people to found technology companies in targeted market sectors. Jeff Bussgang, a partner at Flybridge Capital Partners and professor at Harvard Business School, stresses the importance of innovation waves — emerging industries that tend to attract […]
The U.S. budget deficit was sliced in half for fiscal 2022, the biggest drop in history following two years of huge Covid-related spending. Though still large in historical terms, the budget shortfall declined to $1.375 trillion, compared to the 2021 deficit of $2.776 trillion. The decline would have been steeper had it not been for […]
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. On a summer day last year, a group of real estate tech executives gathered at a conference hall in Nashville to boast about one of their company’s signature products: software that uses a mysterious algorithm […]
