City Boston Financial News
15.12 / 13:25
Provident
Platform
President
reports
Integrated Partners reports milestone year, with $3B in assets added in 2023
National financial planning and RIA firm Integrated Partners says 2023 has been a milestone year in which it added $3 billion in assets to bring its total assets under administration to $15.5 billion.
15.12 / 00:35
Reuters
CEO
ICE
Yellow
beautiful
reports
Unilever in advanced talks to sell Elida Beauty to Yellow Wood: Report
Unilever Plc is in advanced talks to sell Elida Beauty, a division that includes non-core beauty and personal care brands such as Q-Tips and Impulse, to private equity firm Yellow Wood Partners, people familiar with the matter said on Thursday. Elida's brands also include Caress, TIGI, Timotei, Monsavon, St. Ives, Zwitsal, Ponds, Brut, Moussel, Alberto Balsam and Matey.
14.12 / 21:01
pandemic
Experts
2020
reports
401(k), IRA balances fell for older millennials, young Gen Xers during the pandemic. Here's why
Retirement balances for midcareer workers declined between 2019 and 2022, despite gains on financial assets such as stocks during that period, according to new research.
12.12 / 15:25
BLOCK
WhatsApp
Experts
reports
recommendations
stake
Bain Capital likely to sell 1.1% stake in Axis Bank via block deal: Report
Bain Capital is likely to sell a minor stake worth Rs 3,700 crore in Axis Bank through a block deal on Wednesday, according to media reports. Entities owned by the private equity firm are likely to sell 3.34 crore shares, representing 1.1% stake in the lender. The floor price for the sale has been set at Rs 1,109 a share, a discount of about 2% from the current market price.
12.12 / 00:59
Fighting
Porsche
show
hospital
Lawyers for New Hampshire casino owner fight fraud allegations at hearing
A former New Hampshire state senator is fighting allegations that he fraudulently obtained a COVID-19 relief loan and used part of the money to buy luxury cars
11.12 / 15:43
Mobile
pandemic
track
innovations
reports
travelers
Prices of fast-moving consumer goods more than doubled over the decade
followed by kitchen staples, household care products and food and beverages, the Boston Consulting Group (BCG) along with industry body CII said in a report. The report said that the price increase has led to pressure on volumes of fast-moving consumer goods, or FMCG, as the quantum of price hikes remains firm. FMCG volumes reported a compound annual growth rate (CAGR) of 3.4% between 2007 and 2023 and 1.5% in the 12 months ended July 2023, as factors such as the covid-19 pandemic, high inflation and lower emphasis on innovation as well as category development weighed heavily on volume growth.
11.12 / 11:23
People moves
private markets
multi-asset
analyst
Sarasin & Partners boosts MPS and private markets teams with manager and analyst hires
Brodie has joined the Sarasin Bread Street team, which is the specialist private market business formed after the firm’s acquisition of Bread Street Capital in 2022.
08.12 / 15:53
Career
Madness as Deutsche Bank and others now inviting US intern applications for 2025
If you thought the world had gone crazy when, inJanuary 2023, banks in the US began accepting applications for summer internships in 2024, we have news for you. It's not even Christmas and at least three banks are now inviting applications from students who wantinternships in 2025.
05.12 / 21:15
Entertainment
Assurant
Actor
show
audience
social
Department
Will Meredith Grey be back for Grey's Anatomy Season 20? Here’s what the director said about Ellen Pompeo's return
Grey's Anatomy, has officially confirmed Ellen Pompeo's reprisal of her iconic role as Meredith Grey in the upcoming season 20. Pompeo's character departed for Boston in season 19, relocating with her children to prioritize their education. While it was initially uncertain how frequently Pompeo would revisit the series, the scheduling intricacies arising from industry strikes left fans in suspense. Now, with the premiere of season 20 on March 14, 2024, Allen sheds light on Pompeo's return in an Entertainment Tonight interview during the Kennedy Center Honors in Washington D.C.
05.12 / 17:19
BLOCK
Williams
CEO
JetBlue
travelers
Department
Trial to determine whether JetBlue can buy Spirit comes to a head
JetBlue says it needs to buy Spirit Airlines to compete with bigger airlines in a post-Covid travel world
05.12 / 15:41
BLOCK
Williams
Airlines
pandemic
JetBlue
Department
end
JetBlue, at trial's end, urges judge to allow Spirit Airlines merger
BOSTON (Reuters) — A lawyer for JetBlue Airways (NASDAQ:JBLU) on Tuesday urged a federal judge to allow it to proceed with its planned $3.8 billion acquisition of Spirit Airlines (NYSE:SAVE) and reject the U.S. Department of Justice's (DOJ) bid to block the deal.
05.12 / 13:55
Digital
Assurant
economy
film
country
reports
Gigonomics 2.0: Futureproofing India's gig workers
digital film by Urban Company launched on its ninth anniversary, draws attention to an often overlooked but crucial concept of the dignity of labour and serves as a poignant reminder that every occupation deserves respect and acknowledgement. In the video, an innocuous interaction between a service partner and a young boy during a bathroom cleaning service takes a serious turn when the boy innocently asks the professional if he ended up doing what he does because he wasn’t good at his studies. The Urban Company professional breaks the awkward silence, smiles and assures the boy that grades don’t matter if you studied well.
04.12 / 08:39
03.12 / 18:12
FIVE
Pool
Pinnacle
stage
ESPN
NBA in-Season Tournament 2023 quarter-finals: Schedule, live streaming, where to watch knock out games
NBA in-Season Tournament has moved into the knock stage as a total of eight teams have entered the quarter-finals of the inaugural season. From the Western Conference, four teams are Los Angeles Lakers, Phoenix Suns, Sacramento Kings, and New Orleans Pelicans. From the Eastern conference top four teams are Indiana Pacers, Boston Celtics, New York Knicks, and Milwaukee Bucks. Eight teams consist of the top-performing team from each of the six groups in Group Play and two additional «wild card» teams. The Knockout Rounds will feature single-elimination games in the Quarterfinals, Semifinals, and Championship, where the qualifying teams will vie for both a prize pool and the coveted NBA Cup, the new In-Season Tournament trophy.
01.12 / 09:51
CEO
Pool
innovations
reports
After BCG advisory role, ex-TCS CEO Gopinathan joins IIT Bombay as head of entrepreneurship
IIT) Bombay has appointed former Tata Consultancy Services (TCS) CEO Rajesh Gopinathan as head- translational research and entrepreneurship and professor of practice, the premier institute said on Friday. A translational research centre to support transition of IP from lab to industry was created recently. The new position of head, translational research and entrepreneurship has been created to further accelerate these initiatives, said the institute.
30.11 / 22:37
Citi
Provident
show
country
concert
‘Festival of Seasons’: See Stardew Valley concert tour’s cities, dates, tickets and more
Stardew Valley, the popular game, is hitting the road with its first-ever concert tour, "Festival of Seasons," organized by ConcernedApe. With an initial 14 shows in the United States, Canada, the United Kingdom, Australia, and Southeast Asia, the tour expanded to 36 cities across 12 countries. The concert promises an intimate experience with fresh arrangements of the game's beloved soundtrack. Fans eagerly anticipating the tour can now find details on dates, cities, and ticket sales.
27.11 / 20:07
vaccine
pandemic
Virus
show
social
2020
isolate
Scientists should admit their covid errors to regain the trust they lost
During the covid years, Americans’ trust in scientists fell, according to a Pew poll. In 2019, only 13% of Americans were distrustful enough to say they weren’t confident in scientists to act in the public’s best interest. Now that figure is 27%—despite recent triumphs in astronomy, cancer research, genetics and more.
26.11 / 17:15
Waves
Software
stage
Bain Capital eyes late-stage tech deals, other new sectors for India investments
MUMBAI : Boston-based private equity firm Bain Capital, which has over $160 billion of assets under management, may spend more time looking at late-stage tech deals next year in India, as the opportunities in the segment widen for traditional private equity firms, a top executive said. The PE firm closed a $7.1 billion fifth Asian fund last week, up from $4.5 billion which it raised for its fourth Asia fund. It expects to widen the scope of its investments in India over the next few years, including in newer sectors.
22.11 / 12:51
Invesco
ESG
People moves
ESG Trends
research team
Invesco hires director to lead ESG research team
Molly Betournay (pictured) has joined the firm after six years at Clean Yield Asset Management.
22.11 / 07:05
Nov
show
2020
Department
prevention
OSHA finds plant explosion that killed 1 person could have been prevented
The federal Occupational Safety and Health Administration has found an explosion that killed one worker at a pharmaceutical chemical plant in Massachusetts could have been prevented
22.11 / 07:05
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