Mass Business Blog

News and Perspectives on Massachusetts Business and Economy

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...

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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...

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recent posts

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...

Should the New Pro Soccer Stadium be in Boston?

The New England Revolution is on the search for a new stadium to call home, and Boston might just be it. While some soccer fans are eager to see this stadium come to town, especially as the sport becomes increasingly popular in American society, others are saying that the city already has enough traffic and congestion. Building the stadium in...

Mass Raises Minimum Wage to Highest in U.S.

In the aftermath of the Obama administration’s failure to garner sufficient support for a federal minimum wage increase, some states are taking action on their own – including Massachusetts. State Governor Patrick has signed a measure that would raise the state’s minimum wage to eleven USD hourly by year 2017. Although this will...

Massachusetts Named in Top 3 Lowest CO2 Emitters per Unit of...

Massachusetts, Connecticut and New York were named the three lowest emitters of CO2 per unit of economic output this month by the U.S. Energy Information Administration. The announcement was made in conjunction with the release by the Environmental Protection Agency of new rules designed to encourage states nationwide to reduce their carbon...