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Kinvey raises $5M Series A, launches app backend service
Cambridge's Kinvey, which aims to offer mobile developers the fastest way to set up backend for their apps, said Wednesday it's closed a $5 million Series A round led by Avalon Ventures and released...
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Guitar Center to open at shuttered music store site
Guitar Center is planning to open its second Boston store this fall near the Berklee College of Music. The California-based company will take the space vacated by Daddy’s Junky Music at 165...
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Four leases signed on Boylston Street
Standish Management, Trusteer, G2 Capital Advisors and Van Wagner Communications have inked deals totaling more than 13,000 square feet at 535 and 545 Boylston Street, a pair of 13-story office and...
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Bay State pending home sales up in June
The number of single-family homes and condominiums put under agreement in June increased for the 14th consecutive month as home buyers took advantage of record low interest rates and a recovering...
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Crawford, Lackey lead $55M Red Sox disabled list
There are a lot of reasons why the Boston Red Sox are tied for last place and 9.5 games back of the American League East leading New York Yankees heading into the second half of the season. This much...
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Cabot plans $600M debt sale ahead of Norit acquisition
Cabot Corp., a Boston-based maker of specialty chemicals for industrial manufacturers, is planning to sell approximately $600 million in debt securities this month to help finance its recently...
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Massachusetts farm warned over unsafe cattle antibiotics
The U.S. Food and Drug administration has sent a warning letter to McGovern Farm Inc. after an agency investigation found "unsafe" levels of two antibiotics in a cow destined for human consumption. The...
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More Mass. companies hit with health care fines
The number of Massachusetts businesses that had to pay the so-called Fair Share Contribution fines for violating the Massachusetts health reform law rose 23 percent in 2011, to 1,254 companies, up from...
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DirecTV, Viacom in PR damage control mode over dropped channels
DirecTV (NYSE: DTV) and Viacom (NYSE: VIA) have resorted to public relations damage control, Wednesday, after 20 million satellite subscribers lost access to 26 Viacom channels including MTV,...
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Harvard to share up to $300M in deal with JNJ subsidiary
The Harvard University lab of Douglas Melton has entered into a diabetes partnership with Johnson & Johnson (NYSE: JNJ) subsidiary Janssen Pharmaceuticals Inc. and German biotechnology company...
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Sam Adams preps label change for flagging Boston Lager
Beer drinkers who buy Samuel Adams beer in the package store are going to be looking at new labels and different packaging on six packs, twelve packs and cases in the very near future. Eventually they...
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Davey to Greenway: sharpen your pencil
The group that operates the Rose Fitzgerald Kennedy Greenway has told the Patrick administration it can't operate without taxpayer funding, but the state won't take no for an answer. In a 92-page...
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Bristol-Myers' troubles boost Vertex
Vertex Pharmaceuticals (Nasdaq: VRTX) shares were up Thursday, after the biotechnology company’s competitor, Bristol-Myers Squibb (NYSE: BMY), announced it would halt a late-stage drug trial for a...
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Hydra Biosciences vet starts biotech, raises $2M
Founded last month, Westborough-based eXIthera Pharmaceuticals LLC, has already received $2 million of a $4 million Series A round of funding, according to federal filings. Neil Hayward, president and...
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Back to court for Fenway Center
A long court fight to delay construction of the $450 million Fenway Center could be settled this fall. The Massachusetts State Appeals Court has agreed to an expedited hearing on September 7 to settle...
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J Geils Band's namesake sues former bandmates
John Geils Jr. is suing other members of the band that bears his name after they announced plans to tour without him. Geils says other members of the J. Geils Band have infringed his trademark on the...
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TJX sees same-store sales rise in July
The TJX Companies Inc. (NYSE: TJX) saw July same store sales increase by 7 percent over last year, the discount retailer said on Thursday. Framingham, Mass.-based TJX also said that July sales rose 8...
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18 Boston executives riding the Pan Mass. Challenge (slide show)
It's the biggest thing on wheels in Massachusetts. Some 5,500 cyclists will take off Saturday in the Pan-Massachusetts Challenge, the annual charity ride that raises tens of millions for Dana-Farber...
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North End apartment building fetches $2.4 million at auction
At $2.4 million, Matteo Gallo, a landlord in Boston’s North End, was the successful bidder Thursday on an eight-unit, apartment building on Charter Street. The auction attracted 130 people and two...
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Cue Ball Capital champions the self-aware entrepreneur in new book
Boston venture firm Cue Ball Capital may keep a low profile, but on Tuesday two of the firm's partners are coming out with a book that offer fresh insights on what makes a great entrepreneur. The book,...
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