More business headlines
Job departures remained near a record high in October
The Labor Department said that 4.2 million people quit their jobs in October, a decline of about 205,000 from September but still close to a record high.
Instagram chief testifies before Congress for the first time, amid child safety concerns
Adam Mosseri, the head of Instagram, received a cool reception on Wednesday during his first congressional testimony, as lawmakers tore into the company for being too slow to address children’s safety.
What caused Amazon’s outage? Will there be more?
A major outage in Amazon’s cloud computing network Tuesday severely disrupted services at a wide range of US companies for hours, raising questions about the vulnerability of the Internet and its concentration in the hands of a few firms.
Small businesses in Mass. are more worried about Omicron than in any other state
A new survey found that 64 percent of owners in Massachusetts fear that the emerging coronavirus variant will hurt their financial recovery, compared to 44 percent nationally.
Innovation economy
Local tech firms try find a balance between WFH and the office
Some companies are encouraging in-person collaboration while maintaining flexibility.
More life science companies are heading to Watertown
Five drug startups have signed leases to fill a building still under construction at the site of the old Arsenal Mall.
4.2 million Americans quit their jobs in October, as workers search for better opportunities
The high quits numbers are a reflection of what is perhaps the most worker-friendly climate in decades, giving workers the ability to sort through near record levels of job postings.
Newpath Partners raises $350 million for second life science fund
Since launching in 2018, Newpath has partnered with more than 15 scientific founders and participated in large funding rounds for the likes of Neumora Therapeutics and Prime Medicine.