Mass Business Blog

News and Perspectives on Massachusetts Business and Economy

Final Weeks for Governor Patrick to be Marked by Wind Energy Auction

Massachusetts Governor Deval Patrick is not resting on his laurels for his final weeks in the corner office. On the contrary, he is advocating for a large auction for offshore wind development. Patrick has reportedly told public relations executive Helene Solomon that the federal government would be...

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Cutthroat Shopping App Lets Retailers Compete for Shoppers

With Black Friday and its shopping bonanza madness quickly approaching, big retailers are getting ready to fight each other in an effort to attract customers during the busiest shopping days of the year. In recent years, major retailers such as Target and Walmart have waged discount and inventory battles to gain the most customers, but such...

Baker Chooses Lepore For Top Finance Post

Governor-elect Charlie Baker  has named Kristen Lepore as the head of his finance office. Currently, Lepore is the Vice President of Government Affairs at the Associated Industries of Massachusetts. Previously, Lepore was the Deputy Chief of Staff to Governor Cellucci and the Director of Fiscal Policy in Cellucci’s Executive Office for...

Amazon Announces 100 Percent Renewable Energy Initiative

In recent years, big corporations such as Facebook, Google, and Apple have all made the push toward renewable energy. Despite these companies’ moves to more green sources for energy, Amazon failed to follow suit. On Wednesday, November 19, 2014, they finally changed their tune. Amazon Web Services was updated on Wednesday with information...

Burgers and Kale? – Fast Food Takes a Healthy Twist in...

Ever heard of a fast food burger joint that sells fruit smoothies – and kale? Well, you have now. Meet Jon Olinto and Anthony Ackil, childhood friends and co-owners of the Boston-based b.good fast food chain. Started in 2004, b.good’s goal was to sell high-quality fare, proving that fast food can still be real food. The pair started...

Final Weeks for Governor Patrick to be Marked by Wind Energy...

Massachusetts Governor Deval Patrick is not resting on his laurels for his final weeks in the corner office. On the contrary, he is advocating for a large auction for offshore wind development. Patrick has reportedly told public relations executive Helene Solomon that the federal government would be auctioning off a substantial area south of...

Shire Moving Headquarters to Lexington

Pharmaceutical company Shire, PLC says its plans to make Lexington, Massachusetts its U.S. operational headquarters and will begin the transfer of more than 500 jobs there from its Chesterbrook, Pennsylvania, site. The drugmaker is headquartered on the British island of Jersey and currently has about 5,000 employees around the world, including...

THE CHALLENGE: Keeping Our Graduates Closer to Home

The dearth of graduates from Worcester-based colleges who remain in the area recently served as the main topic of the day for the Worcester Regional Research Bureau at Assumption College. Hosting a panel discussion entitled, “Degrees of Separation: Retaining College Graduates in Greater Worcester,” the group looked at the results of a survey from...

Aaron Portnoy to Speak at Worcester Economic Club

World-renowned computer security expert Aaron Portnoy will be the featured speaker at the Worcester Economic Club’s 533rd meeting, scheduled for Wednesday, November 19th, 2014 at the Hogan Campus Center at the College of the Holy Cross in Worcester. Portnoy graced the July 21, 2014 cover of TIME Magazine’s “World War Zero: How Hackers Fight...

Clark University Receives $542K in NASA Grants

Clark University will receive $542,098 in grants from the National Atmospheric and Space Administration (NASA) to explore the carbon uptake and release in forests across the United States. The recipient is Christopher A. Williams, an associate professor in Clark’s Graduate School of Geography. Williams is the head of a research team that received...

New Wristband Claims to Shock Users Out of Bad Habits

A company in Boston called Behavioral Technology Group has created a wristband called Pavlok that shocks people with 340 volts of electric current. After putting the product on the crowd-funding site Indiegogo, the company has raised three times the amount of their original goal of $50,000. That’s largely because the company claims the...

UMMS Receives Grant of $7.5M to Fight Ebola

In an effort to help fight the spread of Ebola, The University of Massachusetts Medical School (UMMS) announced last Thursday that it received an award of $7.5 million to provide much needed resources to fight Ebola in Liberia. The generous endowment will help provide immediate assistance to the West African country by supplying disaster relief...

New Massachusetts Energy Chief Says State Can’t Rest i...

Bespectacled Maeve Bartlett stood behind a glossy black podium at the DCU Center and made a bold claim: The Commonwealth of Massachusetts is, she said, the national leader in meeting the challenges of climate change and adopting renewable energy technologies. Numero uno. The criteria: megawatts. In 2007, Massachusetts had 3 megawatts of solar...

EnerNOC to Spend $76 Million for World Energy Solutions

Boston energy software company EnerNOC Inc. announced on Tuesday that they plan to lay out $76 million in cash for energy auction business World Energy Solutions, Inc.  This places a value of $5.50 for each share of World Energy stock, about 1/3 higher than Tuesday’s closing price of $4.15 per share (Nasdaq: XWES). EnerNOC will also be taking on...

Three Lessons Jeff Bezos Taught Me About Running a Startup

Approximately twenty years ago, serendipity helped new Seattle resident Maryam Mohit take a giant leap toward her dream to start an online bookstore. That vision helped blossom due to a friend’s suggestion that she meet with “a guy named Jeff” who had a similar outlook. That person turned out to be Amazon founder Jeff Bezos. Mohit soldiered on...

Boston’s Sapient Corp to be Sold in $3.7B deal

French advertising conglomerate Publicis Groupe has acquired independent Boston-based ad agency Sapient Corp. for $3.7 billion in a deal that was announced on Monday morning. Sapient’s current co-chairman and CEO Alan Herrick will be CEO of the new Publicis.Sapient group, which will add Razorfish Global and Rosetta, two other subsidiaries of...