Boston, MA Breakthrough Properties (Breakthrough), a leading global developer of life sciences real estate, celebrated the completion and grand opening of The 105 by Breakthrough (The 105) in collaboration with CRISPR Therapeutics. The new facility is fully leased to CRISPR Therapeutics and will serve as its new U.S. research & development headquarters. Located in one of […]
As U.S., like the rest of the world, continues to grapple with stubborn inflation (at 8.2 percent in September), there are worries that consumer spending is going to falter and impact industrial owners’ ability to raise rents. Industry insiders, however, say such fears are over-stated. At the moment, industrial real estate fundamentals remain strong and […]
Sankalp Phartiyal and Debby Wu September 26, 2022 at 1:26 AM EDTUpdated onSeptember 26, 2022 at 3:48 AM EDT Apple Inc. began making its new iPhone 14 in India sooner than anticipated, after a surprisingly smooth production rollout that slashed the lag between Chinese and Indian output from months to mere weeks. The US tech giant […]
As the world’s climate continues to heat up, the global demand for air conditioning is now skyrocketing. In 2019, the need for cooling drew in 8.5% of the world’s total electricity consumption, equating to some 1 billion tons of CO2 emissions. As more air conditioning units draw ever more power each year, we now appear trapped […]
Massachusetts chain stores may be allowed to have 18 beer and wine licenses by 2031, which would double the current threshold should a ballot referendum succeed at the polls this November. Advancing Ballot Question 3 would gradually raise the alcohol license threshold for retailers, initially to 12 licenses in 2023 and to 15 licenses in […]
You’ve probably seen it on lots of apps and websites: buttons urging you to sign in with your Google or Facebook account. Sometimes it’s to let you share files, photos or emails. Other times it’s to use Google or Facebook as a quick way to log in somewhere new. My rule of thumb is to […]
U.S. consumer inflation excluding energy and food accelerated to a new four-decade high in September, a sign that strong and broad price pressures are persisting. The Labor Department on Thursday said that its so-called core consumer-price index—which excludes volatile energy and food prices—rose 6.6% in September from a year earlier, the biggest increase since August 1982. […]
(Bloomberg) — Federal Reserve Bank of Atlanta President Raphael Bostic said he favors lifting interest rates to between 4% and 4.5% by the end of this year, and then keeping the tightening in place to reduce inflation that remains near a four-decade high. “I would like to reach a point where policy is moderately restrictive […]
Dell has too many computers. Nike is swimming in summer clothes. And Gap is flooded with basics like T-shirts and shorts. After struggling with product shortages for much of the pandemic, the country’s retailers are now facing the opposite problem: an unprecedented glut of unsold merchandise that’s cutting into profits, derailing holiday plans and threatening […]
WASHINGTON, Sept 26 (Reuters) – U.S. Federal Reserve officials on Monday sloughed off rising volatility in global markets, from slumping U.S. stocks to currency turbulence abroad, and said their priority remained controlling domestic inflation. “There are interactions there,” Cleveland Fed President Loretta Mester said, noting that financial market volatility can affect investor decisions and the […]
