Construction of homes in the U.S. took a slight dip in January, however, still remains high relative to 2008. The Commerce Department says that construction declined from the 8.5% peak seen this past December to 7.8%. However, housing experts attribute this type of dip is seasonal and that January has always been a slow month in the […]
Many things come to mind when one thinks of California. Whether it is palm trees, Hollywood, the Golden Gate Bridge, or Katy Perry—California is well known for its unique attributes. However, shale gas extraction is not one of them. Due to budgetary mismanagement, 9.8% unemployment, and America’s highest poverty rate, California may consider joining the […]
President Obama’s recent State of the Union touched upon a multitude of initiatives aimed at redistribution of wealth in America. From an increase in the taxation of America’s wealthiest to an increase in programs meant to bolster low-income earners, America has heard it all before. However, there was one initiative that took many by surprise—minimum […]
It’s almost that time of the year again for Boston’s MassChallenge. The startup accelerator is now accepting applications, starting Wednesday at 3pm, for startups to compete for $1 million in cash awards. They will be accepting 125 startups and those who will be involved in the program will have mentorship and office space at their […]
American Express is launching a new payment system where Twitter users will be able to pay for products by putting a special hashtag on tweets. This service allows users to sync there Amex cards with their Twitter accounts. Amex launched their Twitter sync last year where users were able to receive discounts on products […]
Winter storm Nemo clearly left a huge mark on Massachusetts leaving most of the area with at least 3 feet of snow. The blizzard caused for the MBTA to completely shut down over the weekend, but crews have been working around the clock and it is now in full service. Their main goal over the […]
Fidelity Investment is considering a possible sale of its former headquarters in downtown Boston on Devonshire Street, reports the Boston Herald. The site is expected to garner significant interest due to redevelopment prospects. The block could be redeveloped into an office tower up to 400 feet tall. Fidelity has hired CBRE New England to market […]
Plans to construct a history museum along Boston’s Rose Fitzgerald Kennedy Greenway are dead, reports the Boston Business Journal. The museums CEO, Frank Keefe, said “The board has decided that we ought to quit. Life goes on.” As ABG reported, the Massachusetts Department of Transportation denied the museum Parcel 9, one of the last available […]
Somerville officials have embarked on the first phase of development in the Union Square Revitalization Plan. The city has begun the process of acquiring land surrounding the proposed Union Square Station. Acquiring 22 parcels, either by purchase or eminent domain, will cost an estimated $4.6 million. The first phase is essential for the development project, […]
Twitter has acquired the Cambridge based company Bluefin Labs. Bluefin Labs is a social TV analytics company that was founded in 2008 and has raised 20.5 million from a wide range of investors including Time Warner Investments and the National Science Foundation. The company is unique because they analyze and discover what people say […]
