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Expert: HubSpot IPO will boost region

Written By Unknown on Sabtu, 01 Maret 2014 | 18.38

Cambridge-based marketing software company HubSpot is on the verge of an initial public offering, a move that will likely pay dividends for the company and the region. HubSpot has begun the IPO process, working with Morgan Stanley, according to the...
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Economic data up, but weather stalling recovery

A slew of economic data released yesterday pointed to a recovery that is still struggling to take off, experts said. "The numbers we had today show a continuation of a recovery, although it's subpar and it's anemic," said Christine Armstrong, senior...
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Slots parlor to spin ahead

Penn National Gaming is moving quickly on plans to build a slots parlor at a Plainville racetrack now that it has been awarded a state license, despite the possibility of a ballot question this fall to repeal the casino law. "We're not going to slow...
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Wilmington tops for buying home

Considering buying a home in Massachusetts but unsure where to look? How does Wilmington, Franklin or Reading strike you? They're the top three of the 20 best places to own a home in the Bay State, according to consumer finance website NerdWallet, which...
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Medford dials into Smart911

Written By Unknown on Kamis, 27 Februari 2014 | 18.39

Calling 911 with an emergency is getting smarter, thanks to Framingham-based Rave Mobile Safety's Smart911. Launching in Medford today, Smart911 allows residents to fill out profiles in advance, giving first responders valuable information before they...
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US safety agency to probe GM recall response

DETROIT — The U.S. government's auto safety watchdog is investigating whether General Motors acted quickly enough to recall 1.6 million older-model small cars in a case linked to 13 deaths. The National Highway Traffic Safety Administration said Wednesday...
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Danish firm lending $600M to Cape Wind

A Danish export credit agency has agreed to loan $600 million to the Cape Wind offshore energy project, bringing its total financing to $900 million, roughly one-third of its overall projected cost. "We're in this to support Siemens (Wind Power)," said...
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Escalating tensions in Ukraine roil global markets

LONDON — An escalation in tensions in the Ukrainian region of Crimea roiled global markets on Thursday. As reports emerged that dozens of heavily armed pro-Russia gunmen have seized control of local government buildings in Crimea, stocks in Europe took...
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Biotech co. pushes FDA to OK drug for pregnancy disorder

Written By Unknown on Rabu, 26 Februari 2014 | 18.39

A Framingham biotech firm is moving to expand the use of its blood clot treatment to become the first drug specifically for the pregnancy disorder preeclampsia. REVO Biologics Inc. yesterday asked the U.S. Food and Drug Administration for approval to...
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Broke church gets court’s blessing

Dorchester's Greater Love Tabernacle Church won bankruptcy court approval yesterday for a fundraising campaign to help refinance its mortgage. Donations raised will be protected from the church's creditors, including its Texas mortgage holder, VFC Partners...
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Bitcoin crash may hurt Hub biz prospects

The crash of one of the largest Bitcoin exchanges this week has sent Boston Bitcoin entrepreneurs scrambling to defend the digital currency's reputation and increase its stability. Mt. Gox, a Tokyo-based Bitcoin exchange, halted trading this week and...
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Airbus posts higher 2013 profit

TOULOUSE, France — European jetmaker Airbus Group said Wednesday record demand for its civilian jetliners from airlines around the world drove higher sales and profits last year. The Boeing Co. rival, known until this year as EADS, said net profit rose...
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