Tag Archives: Business

Interview with Michelle Wu on Boston City Council’s Short-term Rental Ordinance

By Olivia Bornstein, bostonese.com

Boston, June 20, 2018, — There will soon be new rules surrounding nightly rentals in Boston. You might have heard this on radio as Boston City Councilor Michelle Wu spoke about her support for these new rules on local radio stations.

On June 13, the Boston City Council voted 11 to 2 to approve a new ordinance, regulating corporate home-sharing platforms such as Airbnb.com. Mayor Walsh signed the bill two days later. On January 1st, 2019, the bill will be put into practice, effectively limiting short-term rentals to owner-occupants of the properties.

Senator Elizabeth Warren introduces Boston City Council President Michelle Wu (Jan. 2016 file photo).
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WuXi Biologics Invests $60 Million to Establish a Production Facility in Worcester, MA

WORCESTER, MA and SHANGHAI, June 11, 2018 – WuXi Biologics (2269.HK), a leading global open-access biologics technology platform company offering end-to-end solutions for biologics discovery, development and manufacturing, today announced that it is to invest $60 million and hire approximately 150 employees to establish a state-of-the-art biologics clinical and commercial manufacturing facility in Worcester, Massachusetts in the United States. The facility will be WuXi Biologics’ 11th global drug substance manufacturing facility (MFG11).

Lt. Governor Polito (2nd from right, front row) at signing ceremony.
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The Moy Family Honored at A Taste of Ginger

By John Tsou, bostonese.com photographer

Boston, April 12, 2018, A Taste of Ginger was held on April 9 at Museum of Fine Art with about 300 guests attending. It’s one of Boston’s largest food events of the year benefiting Joslin Diabetes Center’s Asian American Diabetes Initiative (AADI). The Moy family, including Ricky Moy, Brian Moy and Patty Moy, were honored at the event for their generous support.

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Videos from Chinatown Business Association Year of Dog Banquet

Boston, March 29, 2018, — Chinatown Business Association (CBA) held its first Chinese New Year banquet last night at Empire Garden restaurant in Boston Chinatown. Mayor Walsh and many other distinguished guests were among over 400 attendees to celebrate the success and contributions of businesses in Boston Chinatown.

Board members of Chinatown Business Association.
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Blackstone to Make Strategic Investment in Boston-Based Rockpoint

New York, March 13, 2018 – Blackstone (NYSE: BX) and Rockpoint Group, L.L.C. (Rockpoint) announced today that Blackstone’s Strategic Capital Holdings Fund has acquired a passive, minority equity stake in Rockpoint, a Boston-based global real estate investment management firm. Terms of the transaction were not disclosed.

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Mayor Walsh Announces School Closures as Blizzard of 2018 Batters Bay State

BOSTON – Tuesday, March 13, 2018 – Mayor Martin J. Walsh today announced continued preparations for the ongoing winter storm, which is expected to bring a total of 12-18 inches of snow by midnight, with 9 inches already fallen.


Mayor Walsh holds news conference at City Hall this afternoon (photo credit: @MikeRNBCBoston on Twitter).
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Videos from Moy Shee Association Year of Dog Banquet

Boston, March 12, 2017, — Closed to 300 people, including Boston City Councilor Ed Flynn, attended New England Moy Shee Association Year of Dog Banquet last night at China Pearl restaurant in Boston Chinatown. The Chinese last name 梅 has several variations in English, such as Moy, Mei and Fong.

Councilor Flynn (middle) presents a citation to Moy Shee Association.
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Boston Public Schools Closed on Thursday as Second Winter Storm in a Week Arrives

BOSTON – Wednesday, March 7, 2018 – Mayor Martin J. Walsh today announced the City’s continued preparations for the winter storm, which is expected to bring 4 to 8 inches of heavy, wet snow with most snow accumulating after 8pm tonight and ending around 6am Thursday morning. A winter storm warning will be in effect until 1pm Thursday afternoon. Sustained winds of 10-20MPH are expected throughout the duration of the storm, with wind gusts up to 40MPH.


Boston Public Works helped cleanup streets in Quincy after the March 2 winder storm caused significant damage in Quincy.
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MEMA Issues Statement on First Major Winter Storm of 2018

Boston, Jan. 3, 2018, — MASSACHUSETTS EMERGENCY MANAGEMENT AGENCY (MEMA) SITUATIONAL AWARENESS STATEMENT DATE: January 3, 2018 TIME: 12:00 PM SUBJECT: Significant Winter Storm Thursday; Dangerously Cold Weather This Weekend (Update #2)
The National Weather Service (NWS) is forecasting a strong but fast-moving coastal storm on Thursday that will bring accumulating snow across the entire state, with the eastern half of the state seeing the greatest amounts. Strong to damaging winds are also expected across much of the state; however the Cape and Islands will experience the strongest winds. These winds combined with wet, heavy snow in areas, bring potential for scattered to widespread power outages, particularly in southeastern MA. In addition, there is the potential for moderate and pockets of major coastal flooding, primarily in areas south of Boston along the coast of Plymouth County and in Cape Cod Bay. Following the storm, bitterly cold weather, with wind chill values of -15 to -35, will return on Friday and persist into the weekend.
Thursday Forecast:

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Mayor Walsh Issues Tips for Residents in Advance of Bitterly Cold Weather

BOSTON – Tuesday, December 26, 2017 – Mayor Martin J. Walsh today announced a set of tips and guidelines in advance of this week’s forecast of bitterly cold weather. Forecasters are predicting low temperatures throughout the week with the coldest period Wednesday night into Thursday morning and Thursday night into Friday morning. With the wind chill, frostbite can occur within 30 minutes.

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Mayor Walsh and ACDC Celebrate Ribbon Cutting of 88 Hudson Street in Chinatown

Boston, Nov. 28, 2017 – Mayor Martin J. Walsh today joined the Asian Community Development Corporation (ACDC) and Chinatown residents to celebrate the ribbon cutting of 88 Hudson Street, a development that created 51 affordable new condominiums for working families in Chinatown.

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Secretary Acosta Presents Awards to MA Businesses Offering English Language Classes

Oct. 24, 2017, Boston, — Last week, Secretary of Labor and Workforce Development Rosalin Acosta, spoke to a packed room of business leaders, immigrants, and English language program providers at Northeastern University. She was there to present awards at an event organized by English for New Bostonians to businesses that provide English classes for their immigrant workers, but she also had a personal message to share.

Secretary Acosta(first from left) joins panel discussion (provided by English for New Bostonians).
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MA AG Healey Launches Investigation into Equifax Data Breach

Boston, Sept. 8, 2017, — Following reports of a major data breach at credit reporting agency Equifax Inc. compromising the personal information of hundreds of millions of consumers nationwide and nearly three million in Massachusetts, Attorney General Maura Healey today launched an investigation into the breach and urged consumers to take immediate steps to protect their information against identity theft.

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