Commercial property executives say recovery has arrived
By Randyl Drummer, Ryan Ori, Katie Burke As far as commercial real estate services firms are concerned, dealmaking is back. After years of trying to predict when the industry would improve, the five biggest of those companies — CBRE, JLL, Cushman & Wakefield, Colliers and Newmark — raised their financial outlooks for 2025 after posting […]
Mass. launches $400M initiative to fund research amid ‘federal uncertainty’
By Eli Chavez – Inno Reporter, Boston Business Journal Gov. Maura Healey announced the launch of a new $400 million initiative to grow the research and innovation economy in Massachusetts and create thousands of new jobs as federal research funding is being cut under President Donald Trump. In support of the initiative, Healey is also […]
Burlington-based KDP to buy Peet’s Coffee parent for $18B
By Don Seiffert – Managing Editor, Boston Business Journal Keurig Dr Pepper, a coffee and beverage giant based in Burlington, says it will pay $18 billion in cash to acquire JDE Peet’s, the parent company of Peet’s Coffee and several others brands of coffee and tea. KDP (Nasdaq: KDP), the company formed in 2018 from […]
Commonwealth Fusion Systems gets $863M to commercialize fusion energy
By Lucia Maffei – Reporter, Boston Business Journal In one of the largest venture-capital rounds of the year, Commonwealth Fusion Systems raised $863 million from old and new investors including NVentures, NVIDIA’s venture capital arm. The Massachusetts-based company, also known as CFS, said Wednesday that the new round brings the total capital raised to date […]
Commonwealth Fusion to build world’s first commercial fusion plant
By Greg Ryan – Senior Reporter, Boston Business Journal For decades, scientists have chased the limitless zero-carbon energy promised by fusion. Now, Devens-based Commonwealth Fusion Systems plans to build the world’s first grid-scale commercial fusion power plant in Virginia. The announcement on Tuesday marks a milestone not just for the MIT spinoff, but the global […]
MIT-born Commonwealth Fusion Systems raises $1.8B to commercialize fusion energy
By Lucia Maffei – Technology Reporter, Boston Business Journal Commonwealth Fusion Systems, or CFS, an MIT spinoff seeking to commercialize fusion energy, said on Wednesday it closed more than $1.8 billion in funding. The Series B round, possibly one of the largest single rounds of financing raised by a Bay State company this year, was […]