Macy’s, Inc. has unveiled a massive recruitment drive for the 2024 holiday season, planning to bring on over 31,500 full- and part-time employees across its flagship Macy’s stores, as well as Bloomingdale’s and Bluemercury locations. These seasonal hires will be spread across retail stores, distribution centres, and other facilities nationwide, aimed at handling the anticipated […]
Shares of Netcapital Inc., a digital private capital markets ecosystem, nosedived after the company reported a dramatic 91% fall in revenue for the first quarter of fiscal year 2025. The Boston-based fintech firm’s revenue plummeted to $142,227 from $1.52 million in the same period the previous year, triggering a wave of concern among investors and […]
Late Wednesday night, a peaceful summer gathering turned violent in Boston’s Dorchester section when a gunman opened fire into a crowd, injuring five individuals, including an 11-year-old child. The Boston Police Department is currently conducting a citywide search for the suspect, whose motives remain unclear. The shooting occurred around 9 p.m. as residents were enjoying […]
Landmark Bio has entered into a pivotal strategic manufacturing agreement with Galapagos NV, signaling a notable advance in the field of genomic medicines. This multi-year agreement positions Landmark Bio to produce clinical trial batches for Galapagos’ CAR T-cell therapies, with an emphasis on hematology-oncology, within the biotech hub of the Boston metropolitan area. Accelerating CAR-T […]
Accenture (NYSE: ACN), a global professional services company, has agreed to acquire OnProcess Technology, signaling a major enhancement in supply chain management services for organizations. OnProcess Technology is known for its proficiency in supply chain managed services that streamline and improve inventory management and resolve intricate service dilemmas. OnProcess Technology Joins Forces with Accenture to […]
In a horrifying turn of events that has shattered the city’s festive spirit, at least seven people have been rushed to the hospital following a mass shooting in Boston, Massachusetts. The shocking incident took place in the heart of Boston’s Dorchester neighborhood, precisely at Blue Hill Avenue and Talbot Avenue. The tragedy unfolded amid Boston’s […]
Immunomic Therapeutics, Inc., a clinical-stage biotech company specializing in nucleic acid immunotherapy platforms, has dosed the first patient in a Phase 1 clinical trial of its groundbreaking ITI-1001 plasmid DNA (pDNA) vaccine. Aimed at treating Glioblastoma Multiforme (GBM), a particularly aggressive form of brain cancer, the trial is a landmark development in the field. Conducted […]
Mastek, an Indian digital engineering and cloud transformation company, announced today a definitive agreement to acquire Boston-based BizAnalytica, a top-tier data cloud and modernization solutions provider. This strategic move will significantly augment Mastek’s global data cloud services and generative AI capabilities, while also adding a talented roster of qualified data architects and scientists to the […]
Unilever has announced plans to acquire Yasso Holdings, a leading premium frozen Greek yogurt brand in the US, in a move aligned with the premiumization strategy of its Ice Cream Business Group. The financial terms of the deal were not disclosed. Boston-based Yasso, founded in 2009 by childhood friends Amanda Klane and Drew Harrington, is […]
Lilly acquisition of Akouos : American pharmaceutical giant Eli Lilly and Company (Lilly) has agreed to acquire precision genetic medicine company Akouos in a cash deal worth about $487 million. Headquartered in Boston and founded in 2016, Akouos is focused on developing a portfolio of advanced adeno-associated viral gene therapies to treat inner ear conditions, […]