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Bybit Suffers Historic $1.5 Billion Hack Amid Market Turmoil

News Summary In a shocking development for the cryptocurrency world, Bybit, a major exchange, has been hacked for nearly $1.5 billion just hours after Coinbase’s...

Massachusetts Faces Surge in Bankruptcy Filings Amid Crisis

News Summary Massachusetts is experiencing a dramatic increase in bankruptcy filings, with a staggering 48% rise in business cases in 2023, reaching 294 filings. Factors...

Massachusetts Leads in Deloitte’s 2024 Fast 500 Rankings

News Summary Deloitte’s 2024 North America Technology Fast 500 list features an impressive 34 companies from Massachusetts, including nine in the top 100. This showcase...

Massachusetts Governor Unveils Transportation Investment Plan

News Summary Massachusetts Governor Maura Healey has announced an ambitious $8 billion transportation investment plan aimed at improving roads, bridges, and the MBTA over the...

Hasbro Considers Relocating Headquarters to Boston

News Summary Hasbro Inc. is contemplating a move from Pawtucket, Rhode Island, to Boston, Massachusetts, as CEO Chris Cocks explores potential tax incentives. The company’s...

Massachusetts Cannabis Industry Faces Tough Times

News Summary Massachusetts’ cannabis industry is experiencing significant challenges despite record sales of $1.6 billion. Local operators are struggling with rising costs, regulatory issues, and...

Joann Stores Close Their Doors Across the Nation

News Summary In a surprising announcement, Joann, the popular fabric and craft retailer, will be closing about 500 of its 800 U.S. stores. This decision...

Residents in Massachusetts Celebrate Gas Bill Reductions

News Summary In a welcome change, the Massachusetts Department of Public Utilities has ordered a minimum 5% cut in residential gas bills for March and...

Massachusetts Taxpayers Could Benefit from DOGE Dividend

News Summary Massachusetts taxpayers may see financial relief through the proposed DOGE Dividend, a plan supported by President Trump and developed by Musk’s team. This...

Massachusetts Faces Tech Layoff Wave in 2024

News Summary In 2024, Massachusetts is grappling with a wave of tech layoffs that has already affected nearly 5,000 workers in the state. The tech...
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