The Ticker

Written By Unknown on Kamis, 19 Februari 2015 | 18.38

Boston 2024 plans 
meetings across state

The group behind Boston's bid for the 2024 Olympics is reaching beyond the city for input on its proposal.

Boston 2024 announced yesterday that it would hold a series of 20 community meetings in the coming months around Massachusetts — venturing as far west as Springfield.

"The purpose of these meetings is quite simple — to listen to the people of Massachusetts and use those conversations to help shape the bid to bring the Games to the United States," said Rich Davey, CEO of Boston 2024. "In the end, these will be Massachusetts' Olympic and Paralympic Games and we are committed to every corner of the state having a voice in this effort."

The first meeting will be held Monday in Roxbury, followed by sessions in Lowell, Cambridge, the South Coast, Springfield and Malden.

Citigroup invests $100B for climate

Citigroup announced yesterday a plan to lend and invest $100 billion over the next 10 years to help reduce the impact of climate change. The plan was developed with Boston-based environmental nonprofit Ceres.

Citigroup said it will seek to finance programs to cut greenhouse gases, increase access to clean water, manage waste and create green low- and moderate-income affordable housing.

Citigroup had previously committed $50 billion to the effort in 2007 and met that goal three years early.

Baker funds broadband expansion

Gov. Charlie Baker will release $50 million in capital funds for the expansion of broadband Internet access in western Massachusetts, his administration said yesterday.

The existing capital funds will be used by the Massachusetts Broadband Institute to narrow a digital divide by pushing municipal and private investments and bridging the "last mile" of broadband access for underserved cities and towns in the western part of the Bay State. According to the Baker administration, 45 towns in western Massachusetts still do not have residential cable or broadband, and depend on dial-up technology.

TODAY

 Labor Department releases weekly jobless claims.

 Wal-Mart Stores Inc. reports quarterly financial results.

TOMORROW

 Deere & Co. reports quarterly financial results.

THE SHUFFLE

 The nonprofit Initiative for a Competitive Inner City has named former state Treasurer Steve Grossman as its new chief executive officer. The Boston-based group describes itself as a pioneer in developing market-based solutions to help revitalize economically under-performing urban economies through business and job development.


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