The Federal Trade Commission wants to take a closer look at Amazon’s $1.7 billion takeover of Roomba maker iRobot, delaying an acquisition process that has no expected closing date in sight. Both Bedford-based iRobot Corp. (Nasdaq: IRBT) and Amazon.com Inc. (Nasdaq: AMZN) received a request for additional information Monday from the FTC in connection with […]
As the life sciences industry moves out of the spotlight of the Covid-19 pandemic and into a new era, a fierce cohort of women founders and executives is leading the way. Women still make up a small fraction of board members and C-suite executives in the life sciences industry. A report last month from Cambridge- […]
Demand for apartments plummeted in the national apartment market in the third quarter, coming off what had been several quarters of strong run-up in demand and rent growth for the national multifamily market. In fact, apartment demand turned negative last quarter, the first Q3 in at least 30 years that such a phenomenon occurred, according […]
Bricks-and-mortar store owners are emerging from the pandemic with surprising strength, posting some of their best numbers in years and plotting expansions as more Americans venture out to buy things again. U.S. retail vacancy fell to 6.1% in the second quarter, the lowest level in at least 15 years, while asking rents for U.S. shopping centers in the […]
Leslie Cohen, one of the best-known female executives in Boston’s commercial real estate industry, is moving from one major local development firm to another. Cohen has joined The Davis Cos. as chief operating officer after spending more than two decades at Samuels & Associates, including the past six years in the COO role. Cohen has […]
Last year, Massachusetts was ranked among the top 15 states for business by CNBC. This year, the state dropped down from 14th to 24th. Each year, CNBC creates its America’s Top States for Business list by scoring all 50 states on 88 metrics in 10 broad categories of competitiveness. These include categories like access to capital, infrastructure, […]
Lumber prices have fallen to their lowest level in more than two years, bringing two-by-fours back to what they cost before the pandemic building boom and pointing to a sharp slowdown in construction. Lumber futures ended Tuesday at $429.30 per thousand board feet, down about one-third from a year ago and more than 70% from […]
Some states and counties were already winning the migration battle before the Covid-19 took the world by storm. Like with many other trends, the pandemic sent several migration patterns into overdrive — shifting thousands of people and billions of dollars into fast-growing counties and leaving other areas scrambling to recapture their losses. Massachusetts was a net loser […]
Federal Reserve officials ramped up their battle against the fastest inflation in 40 years on Wednesday, ushering in a third straight supersize rate increase while projecting a more aggressive path ahead for monetary policy, one that would lift interest rates higher and keep them elevated longer. Central bankers raised their policy interest rate by three-quarters of […]
Regency Center Corporation’s (Nasdaq: REG) overhaul of a trio of century-old buildings located in Cambridge, Massachusetts into modern mixed-use space—while carefully preserving the historic flair of their surroundings—reflects the versatility and perseverance of a REIT best known for its grocery-anchored shopping centers. The Jacksonville, Florida-based REIT’s restoration of the Abbot Building complex, a collection of three […]
