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DraftKings CEO Jason Robins’ personal wealth has been estimated at $1.2 billion.

DraftKings, thriving in the pandemic, now sees better odds of success

Nearly a year after its debut as a publicly traded company, DraftKings’ share price has more than tripled, the company’s value exceeds $24 billion, and its 40-year-old chief executive is a newly minted billionaire.

Latest Business Headlines

Iran calls Natanz atomic site blackout ‘nuclear terrorism’

Iran on Sunday described a blackout at its underground Natanz atomic facility an act of “nuclear terrorism,” raising regional tensions as world powers and Tehran continue to negotiate over its tattered nuclear deal.

Developers are hedging their bets in a six-way mayoral race

Campaign finance reports filed over the last week show a number of prominent Boston builders donating to four, five, and ― in one case ― all six of the major candidates.

It’s a big loud acquisitions mania, and no one knows how it will end

Essentially, SPACs allow the kinds of deals that can give their creators a big financial upside, and give privately held companies a shortcut to a public stock listing. But they aren't without risks.
People wait to vote in the Georgia Senate runoff elections at North Cobb Regional Library in Kennesaw in December 2020.

Companies discuss halting donations and investments to fight voting bills

More than 100 chief executives and corporate leaders gathered online Saturday to discuss taking new action to combat the state voting bills being considered across the country, including the one recently signed into law in Georgia.
People wait to vote in the Georgia Senate runoff elections at North Cobb Regional Library in Kennesaw in December 2020.

Companies discuss halting donations and investments to fight voting bills

More than 100 chief executives and corporate leaders gathered online Saturday to discuss taking new action to combat the state voting bills being considered across the country, including the one recently signed into law in Georgia.
VACCINE TRACKER

The latest on COVID-19 vaccine front-runners

A number of drug companies and labs are looking to develop COVID-19 vaccines. Find updates on estimated efficacy, clinical trial timelines and dose regimens.

Diversity at work

Event planner Myriam Michel.
‘You have to embody a persona of whiteness.’ A Black event planner on standing out in a mostly white industry
Myriam Michel is the executive director of the nonprofit Healthy Waltham and the founder of M&M Elite Events.

‘Your skin is so dark’: A WCVB producer on the challenges of being a Black journalist in New England‘White, white, white. Then there’s me.’ A Black lawyer shares her experiences

Juan Lopera is vice president of marketing for public plans and corporate business diversity officer at Tufts Health Plan.
‘I felt liberated knowing I didn’t have to try to sound like a white executive’
Juan Fernando Lopera is vice president and corporate business diversity officer at Tufts Health Plan. Here, he talks about how he leveraged his ethnicity as a business asset — and finally felt comfortable in his own skin.

Shopping while Black: A Boston stylist on being followed, ignored, and discredited‘Perhaps they’d never spoken to an educated young Latina before’

More business headlines

A healthcare worker administers a dose of the Pfizer-BioNTech Covid-19 vaccine at a clinic in McClellan, California, U.S., on Thursday, April 1, 2021.

Vaccine requirements spread in US, sowing concern on overreach

COVID-19 vaccination requirements are fast becoming facts of life in the US, spreading business by business even as politicians and privacy advocates rail against them.

A logo sits on display outside the Microsoft Corp. pavilion at the Mobile World Congress in Barcelona.

Microsoft in talks to buy Burlington AI and technology firm Nuance Communications, sources say

The deal would value Nuance, which laid the groundwork for the technology used in Apple's Siri voice software, at about $16 billion, according to data compiled by Bloomberg.

Jerome Powell, chairman of the Federal Reserve.

Powell says economy is poised for stronger growth, but coronavirus remains a threat

Federal Reserve Chair Jerome Powell said the US economy was at an “inflection point” with stronger growth and hiring ahead thanks to rising vaccinations and powerful policy support, but that COVID-19 remains a risk.

Barbara Roessner, founding editor of The New Bedford Light, says she wants her new organization to be an integral part of the local community.

In New Bedford, career journalists looking to shine a new light

The first editorial order of business at The New Bedford Light, a non-profit news organization launching in Southeastern Massachusetts this spring, will be understanding the breadth of what the COVID-19 pandemic has done to the coastal city.

Fox News host Tucker Carlson.

‘We believe it’s time for Carlson to go’: Anti-Defamation League calls on Fox News to fire Tucker Carlson

The Anti-Defamation League on Friday called for the resignation of Fox News host Tucker Carlson in the wake of comments he made that appeared to defend the white supremacist “replacement theory” — a far-right extension of a colonialist theory that white people around the world are being replaced by nonwhite people.

Amazon workers voted against forming a union, handing the online retail giant a decisive victory and cutting off a path that labor activists had hoped would lead to similar efforts throughout the company and beyond.

After Amazon: Labor tries to regroup in wake of Alabama loss

Despite the strongest public support and the most sympathetic president in years, the American labor movement just suffered a stinging defeat -- again.

Jon Hurst, president of the Retailers Association of Massachusetts (pictured at the Belmont Wheelworks bicycle shop last August).

Employers face steep new fee increase to keep state’s unemployment insurance fund solvent

The business groups want state officials to use some of the billions in federal stimulus funds coming to Massachusetts to partially offset the costs of this increase.

Union organizers drummed up support outside the Amazon warehouse in Bessemer, Ala., last month.

Amazon defeated the biggest union push in the company’s history, raising questions for labor advocates nationally

Amazon warehouse workers in Alabama overwhelmingly voted against unionization, and while the union said it plans to file an objection, the failed effort could have a chilling effect on the labor movement, with workers less willing to take the risk of organizing if they think it might not pay off.

database

See all the Mass. companies approved for PPP loans

A full list of the local companies and non profits that have been awarded money from the federal government’s small business loan program.
Most PPP money in Mass. went to a small number of companies What we know about PPP in the federal stimulus bill