City Boston Financial News
19.08 / 17:06
19.08 / 04:58
markets
UPS
CEO
Trade
War
reports
Interviews
Busiest US ports absorb import surge nearing pandemic-era frenzy
The ports of Los Angeles and Long Beach, which account for roughly a third of all US container imports, had their third-strongest month ever in July, just shy of an all-time high reached in May 2021. Back then, a wave of inbound consumer goods caused supply bottlenecks on land and a queue of cargo ships waiting for a berth offshore was getting longer by the day. Demand now is driven by retailers and other importers that are stocking up ahead of US tariffs on Chinese goods and a possible strike by a large group of American dockworkers — adding to the usual frenzy of pre-holiday ordering that occurs this time of year.
16.08 / 19:00
Provident
FIVE
Action
community
wellness
hospital
Massachusetts governor says deals have been reached to keep some threatened hospitals open
Massachusetts Gov. Maura Healey has announced Friday that deals have been reached in principle to transition operations at four hospitals operated by Steward Health Care to new operators
16.08 / 01:25
UPS
SUN
DISH
Trade
NBA Schedule: When is first game of season? NBA playoffs, finals, key details
The NBA released the complete schedule for the regular season on Thursday after revealing the Emirates NBA Cup (in-season tournament) schedule earlier this week. A doubleheader on the card during the first night of the season opens with Boston-New York followed by the Los Angeles Lakers hosting the Minnesota Timberwolves.
15.08 / 18:12
markets
Citi
Southern
wellness
Summit Trail plants stake in California with $500M advisor
Summit Trail Advisors, a boutique wealth management firm overseeing $18 billion in assets, continues its national expansion as it gains a foothold in California’s ultra-high-net-worth market with its latest top-caliber hire.
14.08 / 16:31
CEO
Healthcare
President
UnitedHealth
hospital
patient
Courts
Steward Health Care reaches deal to sell its nationwide physicians network
Steward Health Care said it has reached an agreement to sell its nationwide physicians network to a private equity firm
12.08 / 19:56
Entertainment
film
stars
reports
recommendations
Features
Interviews
It Ends With Us sequel: Will It Starts With Us also feature Blake Lively? Director reveals details
It Starts With Us, are already underway. Director and star Justin Baldoni has recently addressed the potential direction of the sequel, suggesting that while he is open to the idea, he believes Blake Lively would be an ideal choice to take on the directorial role, as per a Coming Soon report.
12.08 / 17:33
Citi
Google
Platform
security
social
reports
Major Google outage affects millions: Here's all you need to know
Google experienced a significant outage affecting users across the globe. Starting around 9 am ET, individuals reported issues accessing key Google services, including Gmail, the search engine, YouTube, and more. Downdetector, which monitors online outages, recorded a sharp increase in complaints, revealing a widespread impact. Regional Impact and Service Breakdown The outage particularly affected major US cities such as Los Angeles and New York City, with additional reports from Houston, San Francisco, Dallas, Boston, and Chicago. According to Downdetector’s heat map, 57% of the reported problems were related to Google’s search functionality, 31% were linked to website performance, and 11% concerned Google Drive.
10.08 / 09:40
UPS
Citi
Racing
reports
Ethiopian runner Tamirat Tola wins men's marathon at Paris Olympics to end Kenya dominance
men's marathon in Paris on Saturday as Eliud Kipchoge's bid for a third gold went up in smoke. Tola clocked an Olympic record of 2hr 06min 26sec for victory, finishing 21 seconds ahead of Belgium's Bashir Abdi, whose silver marked an upgrade from his bronze garnered at the Covid-hit Tokyo Games three years ago. Kenya's Benson Kipruto, winner of Tokyo, Boston and Chicago marathons in recent years, rounded out the podium, a further 13sec adrift.
10.08 / 02:24
markets
COST
IPO
CEO
Fighting
Interviews
This Indian craft beer maker is betting on a $70 million beer factory to take on global brews
Kirin Holdings Co. wants to overtake entrenched global brands by building a $70 million beer factory and raising fresh funds ahead of a public listing in 2026. B9 Beverages Ltd is building a new brewing facility in the north Indian state of Uttar Pradesh, which, once completed, will become India’s biggest beer factory and expand production, founder and Chief Executive Officer Ankur Jain said in an interview. The company currently leases six brewing units and sells an equivalent of 8 million cases of beer a year. The New Delhi-based company has also appointed investment bank Morgan Stanley to lead another round of fundraising ahead of the IPO.
03.08 / 04:27
UPS
Platform
Apple
film
Caseys
stars
New movies releasing on Apple TV+, Peacock, other OTT streaming platforms
Peacock, and others OTT streaming channels have new movies in offerings for their viewers. Subscribers of these OTT platforms can enjoy a number of movies. A poorly planned heist goes terribly wrong in «The Instigators», a loosely amiable Boston-set caper starring Matt Damon and Casey Affleck. The movie, directed by Doug Liman (“Go,” “The Bourne Identity”), returns Damon and Affleck to familiar hometown terrain. They play a despondent pair who try to steal money from a corrupt mayor (Ron Perlman) but end up on the run, with a therapist (Hong Chau) in tow. The movie will be released on Friday, August 9, on Apple TV+.
01.08 / 22:12
01.08 / 17:29
01.08 / 15:50
Digital
Platform
Remark
WhatsApp
Interface
UPI clocks Rs 20 lakh crore for the third straight month in July
payments platform, Unified Payments Interface (UPI), crossed the Rs 20 lakh crore for the third straight month in July. The platform clocked a transaction amount of Rs 20.64 lakh crore in the month of July growing by 35% on year. It also recorded a transaction volume of 14.44 billion a growth of 45%, as per data released by the National Payments Corporation of India (NPCI). It also had 466 million of average daily transaction count and Rs 66,950 crore worth of average daily transaction amount in July. For the month of June, UPI transaction value was at Rs 20.07 lakh crore in June and Rs 20.44 lakh crore in May.
01.08 / 12:43
30.07 / 12:16
Provident
FIVE
hospital
patient
prevention
Courts
Updates
Massachusetts governor says there's nothing she can do to prevent 2 hospitals from closing
Massachusetts has agreed to provide about $30 million to help support the operations of six hospitals that Steward Health Care is trying to turn over to new owners after declaring bankruptcy earlier this year, according to court filings
29.07 / 15:35
CEO
Assurant
community
hospital
Department
patient
Investigations
Steward Health Care announces closure of 2 Massachusetts hospitals
Steward Health Care announced Friday that is it closing two hospitals in Massachusetts because it received no qualified bids for the facilities after declaring bankruptcy earlier this year
26.07 / 13:49
Citizens
community
Bill
Department
prevention
Courts
rights
Massachusetts governor signs bill cracking down on hard-to-trace 'ghost guns'
Massachusetts Gov. Maura Healey has signed a sweeping bill that supporters say builds on the state’s existing gun laws
24.07 / 15:38
UPS
TikTok
trends
Crocs
beautiful
social
Videos
What’s with everyone buying accessories for their accessories?
It’s no longer enough to accessorize with jewelry or to match the day’s outfit with a cute handbag. The new thing is buying accessories for your accessories. These include lip-balm holders that attach to Stanley tumblers, and charms to decorate the tumbler and the lip balm.
22.07 / 19:11
Tesla
Hyundai
performer
track
2020
Updates
Elon Musk updates timeline for Tesla's humanoid robots, wider release slated for 2026
humanoid robot, known as Optimus, would be operational in Tesla factories by year's end and available for purchase by late 2025.The development of humanoid robots has been ongoing for several years, with notable advancements from Japan's Honda and Hyundai's Boston Dynamics. These companies are aiming to address potential labor shortages and manage tasks that are either hazardous or monotonous, such as in logistics, warehousing, and manufacturing.Despite Musk's ambitious promises, there is a track record of unmet expectations, including his 2019 declaration that Tesla would launch a network of autonomous "robotaxi" vehicles by 2020.
20.07 / 05:43
UPS
social
reports
donates
Schools
Colleges
Philanthropy can make Indians care more about India: Bain Capital's Amit Chandra
MUMBAI : Amit Chandra, partner and India chairman of private equity (PE) firm Bain Capital, began thinking about philanthropy in his 30s. At the time, he was leading investment bank DSP Merrill Lynch in Mumbai. One of his goals then was to lead a large bank by the age of 40, something he achieved at 33.
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