Mass Business Blog

News and Perspectives on Massachusetts Business and Economy

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...

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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...

ACEEE: Massachusetts Tops California as Most Energy-Efficien...

Recently, the American Council of Energy-Efficient Economy (ACEEE) released the eighth edition of the State Energy Efficiency Scorecard. The scorecard ranks the states based on various energy-efficient metrics such as how much electricity and fuel they use and their overall carbon footprint. In 2014, Massachusetts achieved the highest score for...

Keeping Your Customer’s Secrets

Cray Computers are priced anywhere from $500,000 for their “discount” XC30-AC model all the way up to $60 million for the Cray Titan. The company is world-famous for their line of supercomputers, and their products are used by many of the biggest companies – and governments – around the globe. Recently, Cray mentioned that a major league baseball...

Are Massachusetts’ Medical Records Good Enough to Help...

Electronic medical records are meant to be helpful for all medical professionals. However, if we look at the case of the first person to die from Ebola in America, some of these records are clearly not up to snuff . When Thomas Eric Duncan went into the hospital complaining of not feeling well, he noted that he had been to West Africa. Hospital...