Mass Business Blog

News and Perspectives on Massachusetts Business and Economy

Cuban’s 12 Rules for Startups

In the modern American business landscape, few have been more successful – and outspoken – than Mark Cuban. If his $2.7 Billion net worth isn’t impressive enough for you, a quick glance at the list of companies with which he is involved is truly staggering.  (For those who may be...

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Here Come the Robots

A new type of worker is being introduced in factories across the United States: small collaborative robots. These machines can increase a factory’s production output while simultaneously lowering production costs. Less costly than more bulky and complex machines, collaborative robots are most often being employed by small factories and are...

Cuban’s 12 Rules for Startups

In the modern American business landscape, few have been more successful – and outspoken – than Mark Cuban. If his $2.7 Billion net worth isn’t impressive enough for you, a quick glance at the list of companies with which he is involved is truly staggering.  (For those who may be unfamiliar with his portfolio of companies, his...

GOP’s Baker Unveils Economic Development Plan

Charlie Baker, Republican candidate for governor of Massachusetts, unveiled his economic and development plan Wednesday. The candidate claims that the plan will help build better schools, create jobs, and help to strengthen local communities. Included in the plan are several proposals that would use tax credits to incentivize the hiring of...

No Room for an Education?

A recent study by Northeastern University Law School yielded an unexpected tidbit of information; many vocational and technical high schools in Massachusetts have a significant waiting list for admissions. What was once a path chosen primarily by those unable or unwilling to go to college, gaining admission to a vocational/technical school has...

3D Printing – Not for the Masses?

Somerville, MA-based Formlabs, a relatively new company on the scene of 3D printing, stands poised and ready to revolutionize the market. The driving force behind the company’s advancement, Colin Raney, has some ideas about how the technology will change industry in the future, and not all of them are mainstream. The major advancement made by...

Two MA Tech IPOs to Watch

Buzz surrounding the local tech community has been perking up lately with the recent announcement of two IPOs. Just last week, Boston-based online retailer Wayfair announced plans to raise $350 million in an IPO scheduled for the fall.  Now, Cambridge-based HubSpot has indicated that they also have plans to go public with an IPO to raise around...

Are Occupational License Requirements Stifling Competition?

Thanks to established corporations trying to prevent their customers from jumping ship, U.S. entrepreneurs are facing a barrage of stifling occupational licensing requirements that raise the threshold expense of launching their own business. These requirements effectively curb competition through the constraints they impose. Nationwide, the...

Staples to Close 140 Units – Sign of Trouble Ahead?

As more people enjoy the convenience of online shopping and fewer people are using paper office supplies, Framingham-based office retail giant Staples has announced it’s well on its way to closing 140 stores this year in its effort to save over $500 million within two years. The announcement provides more details to plans that have been...

TGP Northeast Energy Direct Pipeline – Will it Help or...

There’s a proposal in place to build a high-pressure natural gas pipeline to run from Pennsylvania through New York state into Massachusetts, where it would join with existing pipelines that connect to the Massachusetts and Canadian coasts. This controversial pipeline is intended to carry natural gas from the Marcellus (and perhaps Utica)...

Aaron Portnoy to Speak at Worcester Economic Club

The Worcester Economic Club (WEC) announced today that Aaron Portnoy, a world-renowned computer security expert, has been booked as one of its speakers of the 2014-2015 WEC Speaker Series. Portnoy is featured on the July 21, 2014 cover of TIME Magazine’s “World War Zero: How Hackers Fight to Steal Your Secrets.” In today’s era of privacy concerns...

Boston’s Real Estate Market – Too Hot for Startu...

As far as commercial real estate markets go, Boston is among the best in the country. According to real estate research firm Reis Inc., the retail-vacancy rate fell 10 basis points in the past three months, and the city is now tied with Austin as the 12th best in the nation. What does this mean for start-ups who want a piece of the thriving...

Should Cape Wind Receive $150 million Federal Loan Guarantee...

The U.S. Department of Energy has announced that it will grant a $150 million loan to advance the Cape Wind energy project in Massachusetts, provided backers can secure an additional $2.6 billion in financing. If successfully built, Cape Wind will consist of 130 wind turbines capable of producing 360 megawatts of electrical power. The project has...

Should Partners HealthCare System be Allowed to Acquire More...

A three week comment period has been ordered by a Suffolk Superior Court Judge before a final ruling permitting or denying a settlement between Massachusetts Attorney General Martha Coakley and the giant Partners Healthcare System. The proposed deal allows Partners Healthcare to expand in size by acquiring three hospitals while hiring more...

Did the $525,000,000 Massachusetts Poured Into Biotech Gener...

Yes? No? Maybe? The state of Massachusetts has spent $525 million encouraging the development of the state’s biotech industry, just over half of the $1 billion budgeted for this purpose. This public investment is being applied to grants, tax breaks and business loans for companies planning on moving to Massachusetts or expanding their...

Is Refugee Resettlement Good for Mass. Businesses?

There has been a lot of controversy lately about the effectiveness of refugee resettlement programs that the federal government employs to settle refugees in the United States. Earlier this month, Dominic Sarno, mayor of the Massachusetts city of Springfield, wrote to prominent Massachusetts politicians urging a moratorium on resettlements in...