Seamark Seafood, an upscale restaurant that opened in 2024 at Encore Boston Harbor, is set to close its doors and lay off 56 workers. The restaurant, which featured a James Beard award-winning chef, had been a notable addition to the region’s dining scene. According to employees, there were concerns about wages, with some workers expressing…
Healthcare expenditures in Massachusetts increased by 5.7% in 2024, according to recent data, marking the fourth consecutive year that spending has surpassed the state’s established benchmark. The growth in costs was primarily attributed to rising prices in the pharmaceutical and hospital sectors. These two areas were identified as the main drivers behind the continued escalation…
Boston Soccer 2026 has agreed to provide advance funding for security costs related to the upcoming World Cup events in Foxborough. This development follows ongoing discussions between local officials and event organizers regarding the financial responsibilities associated with hosting the international tournament. The arrangement is a key step forward as the town of Foxborough prepares…
The Massachusetts Cannabis Control Commission has voted to extend the exclusivity period for social equity delivery licenses through April 2029. The decision comes after calls from some stakeholders for a longer extension of at least five years, but the commission ultimately settled on a shorter timeline. The extension is designed to continue supporting social equity…
Boston-based workflow automation company Tines is preparing for significant expansion, with plans to hire 100 new employees and establish a new office in the Boston area. The move comes as the company continues to build on its recent growth and market momentum. Tines, which became a unicorn in the past year, is focusing its hiring…
A beauty brand founded by multiplatinum pop star Halsey has commenced distribution through a Massachusetts-based fulfillment company, according to recent reports. The partnership marks a significant step for the celebrity-backed beauty line, which is expanding its reach through the support of a regional logistics provider. The collaboration is expected to streamline the delivery of Halsey’s…
Fenway Sports Group (FSG), the Boston-based sports ownership company, is facing criticism from a Pittsburgh-area sports authority following its decision to sell the Pittsburgh Penguins. FSG originally acquired the NHL team in 2021 for approximately $900 million and is now in the process of selling it for around $1.7 billion. The local sports authority has…
A Woburn-based green steel company has postponed planned layoffs for 71 employees after securing new funding in the wake of a critical equipment failure at its manufacturing site in Brazil. The company, which focuses on environmentally sustainable steel production, faced the prospect of job cuts following a significant operational disruption at its Brazilian facility. The…
Architecture firms are facing a challenging outlook as new data points to a slowdown in project activity. The American Institute of Architects (AIA) reported that its billings index dropped to 43.8 in January, indicating a contraction in demand for architectural services. This decline in the billings index is considered a leading indicator for the construction…
Organizers for the 2026 World Cup in Boston have announced a comprehensive transportation plan designed to accommodate the influx of attendees expected for the global event. The strategy includes enhanced rail and bus services, as well as expanded parking options, to ensure efficient movement to and from event venues. The Massachusetts Bay Transportation Authority (MBTA)…
