Clean energy to the rescue | Cannabis 'chaos' | A good day for Wayfair
Boston Business Journal
The Boston region's source for local business news & events. Part of the American City Business Journals network.
Welcome to the BBJ's LinkedIn Weekly Edition! I'm Digital Editor?Jess Aloe, bringing you the business knowledge you need this week.
Cleantech to the rescue
When Boston’s King Street Properties set out to build a 45-acre, $1 billion-plus manufacturing campus in Devens in 2020, it did so to meet anticipated demand for such space from the region’s life sciences industry, which was then at the beginning of a Covid-fueled boom.
But as the first buildings went up, the properties drew significant interest from another sector: clean energy.
In the past six months, clean energy companies have leased hundreds of thousands of square feet in Greater Boston that had been marketed to biotech and pharmaceutical companies. That includes not just manufacturing space, but lab and office properties.??
Go deep into how clean energy companies are gobbling up real estate built for biotech with this week’s cover story, by Greg Ryan .??
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Here's what else happened this week
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Thermo Fisher settles lawsuit over use of HeLa cells?
赛默飞世尔科技 has settled a lawsuit with the family of Henrietta Lacks, the Black woman whose cells — taken without her knowledge during cervical cancer treatments — have been used in countless scientific experiments, but who was never compensated, nor was her family compensated. Rowan Walrath has the details.
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As big law firms return to office, small firms see opportunity
The state’s largest firm, Ropes & Gray LLP & Gray, is mandating that its lawyers come to the office four days a week. Several other large firms with Boston offices have also upped in-office requirements. Some smaller firms see it as an opportunity to woo talent away from the big players. Here’s why.
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Cannabis 'chaos'
Cannabis Control Commission chairwoman Shannon O’Brien shocked the regulatory board late last week when she announced that the commission’s longtime executive director, Shawn Collins, plans to step down later this year, which she said could cause ‘chaos’ for the CCC. O’Brien said she has already started putting out feelers for new candidates for the role, which is the highest-paid job at the CCC.
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Here's how Q2 is shaking out for local companies, continued
The state’s biggest companies continue to report their Q2 performances. Wayfair hit a milestone on its long-promised path to profitability. Moderna upped its forecast for fall Covid vaccines, but a big question remains: will people actually want the shots? And CarGurus abruptly delayed its planned earnings release.?