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House Releases $600M Transportation Funding Bill

By State House News Service | Feb 26, 2020 | Reprints

A 5-cent increase in the gas tax and higher corporate taxes will be the centerpiece of a major revenue bill that House Democratic leaders will ask legislators to vote on next week as part of a package that could raise over $600 million in new funding for transportation.

Envision Bank Back in the Black After Two Years of Losses

By Diane McLaughlin | Banker & Tradesman Staff | Feb 26, 2020 | Reprints | Unlock Link

Randolph-based Envision Bank reported positive net earnings for 2019 after enduring two years of losses, showing efforts to turn the lender around may be succeeding.

Cambridge Office Market Ranks Among Nation’s Priciest

By Steve Adams | Banker & Tradesman Staff | Feb 26, 2020 | Reprints | Unlock Link

Often overshadowed by its record-breaking prices for lab properties, Cambridge’s office market ranked among the nation’s priciest in 2019.

500K SF Fenway Lab Tower is Ready To Launch

By Steve Adams | Banker & Tradesman Staff | Feb 25, 2020 | Reprints | Unlock Link

A 500,000-square-foot office-lab tower will begin to rise in the Fenway this year following leases by a life science-focused venture capital firm and Cambridge biotech company.

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WEEKLY POLL: Is Your Business Exposed to the Coronavirus?

Feb 26, 2020 | Reprints

It’s clear the country’s businesses and financiers are taking stock of their exposure to the fast-spreading disease. So where are you at? Do you think your business will be hurt by the coronavirus?

‘Time is Everything’: World Braces for Spread of Coronavirus

By The Associated Press | Feb 26, 2020 | Reprints

With outbreaks now emerging in Italy, South Korea and Iran, and U.S. health officials warning Tuesday it’s inevitable COVID-19 will spread more widely in America, how prepared is the country?

Columbia Gas to Plead Guilty to Federal Charges Over Explosions

By The Associated Press | Feb 26, 2020 | Reprints

A utility company blamed for a series of natural gas explosions in the Merrimack that left one person dead and damaged dozens of homes has agreed to plead guilty to breaking pipeline safety laws,

Man Pleads Guilty to Davis Square Bank Robbery, Gunfight

Feb 25, 2020 | Reprints | Unlock Link

A Rhode Island man pleaded guilty in federal court in Boston in connection an armed bank robbery in Somerville last year that resulted in shots fired inside the bank.

New Brookline Preschool Will Include a Playground With a View

Feb 25, 2020 | Reprints | Unlock Link

A new early education center at 127 Harvard St. in Brookline will include a fourth-floor indoor-outdoor playground to comply with the town’s licensing requirements.

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Weighted Assets

Avidia Shows How Relationship Between Banks and Fintechs May Shift

Hudson-based Avidia Bank made a bold move last month, becoming the first community bank in the country to join The Clearing House’s real-time payments network and in the process showing how the relationship between fintechs and banks may soon start to shift.