Is this what we waited for? MBTA operating losses hit a new low in 2015 The MBTA's financial hemorrhaging only worsened last year, marking a record operating loss for a state agency that long ago ran off the rails. State Street finalizes $485M agreement to buy GE's asset management arm The deal is the latest manifestation of Boston-bound GE's push to shed its once-mighty financial services operations. IRobot CEO sees pay package rise in midst of activist investor battle The CEO of Bedford-based iRobot, which is in the midst of a battle with an activist investor, saw his total compensation rise to $3.8 million last year. Five things you need to know today, and a pencil you can plant? Good morning, Boston, and Happy Wednesday. Here are the five most important things you need to know to help start your busy business day, from State Street's layoff plans to the top 10 VC deals of the month to the state's new revenue commissioner. Read Morning Edition >>
Suburban hospitals blame their big city cousins for money woes MIT-born startup makes an environmental point with plantable pencil Feds charge Cambridge drug firm, former execs with misleading investors Ariad to lay off 90 people across the company in cost-cutting measure Boston Properties plans massive air-rights project above Back Bay Station State Street targets up to 7,000 job cuts amid technology shift Mass. AG joins multi-state climate probe into Exxon, fossil fuel industry Read Morning Edition >> |