A common enemy — COVID-19 — has spawned uncommon collaboration, and life sciences may never be the same. Homegrown companies kicked into high gear during the earliest days to help Moderna and other drug makers make vaccines, including Ginkgo Bioworks, Thermo Fisher Scientific, and MilliporeSigma. Others began developing novel therapeutics […]
Massachusetts
Massachusetts regulators accuse Robinhood of luring inexperienced investors, putting their ‘assets at risk’
Allianz chief economic adviser Mohamed El-Erian argues apps like Robinhood are reducing the barriers to retail entry. He also provides insight into the coronavirus pandemic, initial jobless claims, earnings and how to allocate capital in the current market environment. Robinhood, the online trading platform that saw its popularity surge during the […]
Robinhood recklessly gamifies investing, Massachusetts official says
Stock trading app Robinhood is being accused of reckless, exploitive business tactics on its millennial clientele. “The worst aspect of what they do clearly is the way they are gamifying the idea of investing,” Massachusetts Secretary of the Commonwealth William Galvin told CNBC’s “Squawk Alley” on Wednesday. “This is a […]
Robinhood Is Accused of ‘Gamification’ by Massachusetts
(Bloomberg) — Robinhood Markets drew millions of users to investing with a colorful app that makes trading seem empowering instead of intimidating. That very appeal thrust it into the regulatory crosshairs yet again on Wednesday. Massachusetts securities regulators filed a complaint against Robinhood Financial LLC, alleging the popular online brokerage […]
Holiday shoppers in these 2 Massachusetts cities have some of country’s highest holiday budgets, WalletHub reports
Holiday shopping is always stress-inducing, but it will be more so than usual this year as we’re amidst a surging coronavirus pandemic. With COVID-19 impacting many people’s finances, holiday shopping budgets could be drastically cut back from what they normally are. However, WalletHub, a personal finance website, says merchants are […]
Leaf peepers across Massachusetts head to Franklin County for the long weekend
SHELBURNE FALLS, Mass. (WWLP) — The long weekend and nice weather were a perfect combination to bring people out to western Massachusetts to experience the famed fall foliage. Franklin County and the Berkshires offering some of the best views out there. However, this year, most of the leaf peepers are […]
5 Things You Might Not Know About Food Banks In Massachusetts
MASSACHUSETTS — When it comes to food insecurity in our community, there are many facts we may not know but one aspect is certain: A lot of hungry people are out there, and the number is growing. More than 37.2 million people struggled with hunger prior to the coronavirus pandemic. […]
Massachusetts Development Finance Agency — Moody’s places the rating of Mass Dev. Fin. Agency Provident Commonwealth Education Resources II Issue UMASS Dartmouth Student Housing Project Bond Series 2018 under review for possible downgrade
Rating Action: Moody’s places the rating of Mass Dev. Fin. Agency Provident Commonwealth Education Resources II Issue UMASS Dartmouth Student Housing Project Bond Series 2018 under review for possible downgrade