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March 24, 2018


Biotech unicorn Intarcia hit by layoffs, trial setback

Four months after the FDA declined to approve its lead diabetes treatment due to manufacturing concerns, Intarcia Therapeutics has laid off 60 employees and terminated two late-stage trials of the drug-device, the company’s CEO told the Business Journal. Boston-based Intarcia, which has been valued at up to $5.5 billion, announced in late September that the

Pier 4 office in Boston’s Seaport lands Tatte Bakery

Tatte Bakery & Cafe will open its ninth area location at the base of a 13-story office building going up now at Pier 4 in Boston’s Seaport District.  The 3,629-square-foot Tatte Bakery will open later this year and offer its popular pastries, breads, cookies, cakes and tarts at breakfast, lunch, dinner and weekend brunch service.

Dell memo confirms it's considering IPO, merger with VMware

In a memo to employees on Friday, Michael Dell confirmed recent news reports that he’s considering taking his giant computer company public once again, either through an initial public offering or via a merger with VMware Inc. (NYSE: VMW). Either transaction is likely to mean yet another record-size deal in the tech industry for Dell,

Ayanna Pressley will run against Michael Capuano for Congress

Boston City Councilor Ayanna Pressley announced on Tuesday that she will run for Congress against Michael Capuano, who’s held the seat since 1998. “I have made this decision after much prayer, deliberation, and thoughtful conversation with my family, friends, and those I hope to have the honor to represent in Congress. This district and these

Here are Massachusetts' 15 biggest stock losers of 2017

There’s been plenty of coverage of General Electric’s dismal stock performance in 2017, and for good reason. The Boston-based multinational conglomerate was the worst performer on the Dow Jones Industrial Index, losing 44.8 percent of its stock value from Jan. 1, 2017 through Dec. 31. While GE (NYSE: GE) is the largest on the list

Massachusetts lawmakers introduce state 'net neutrality' bills

After the Federal Communications Commission voted last week to rescind “net neutrality” regulations, some Massachusetts lawmakers want to introduce a state-level version of the law. The FCC, under President Donald Trump’s appointees, recently undid Obama-era regulations ensuring that internet providers cannot prioritize content. Under the change, broadband internet providers can block websites or charge for

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