75 Morrissey Boulevard Lawsuit Clouds 754-Unit Dorchester Project
Copper Mill sued its partners over 75 Morrissey Boulevard, alleging fraud and seeking to force a $67.5M land sale for two approved 754-unit Dorchester towers.
Business & Finance
Business and finance news from The Boston Report: companies, IPOs, bankruptcies and deals, including Boston-area business, explained so you get the key facts.
Starbucks Downtown Boston Closures Leave One State St. Cafe
Starbucks downtown Boston closures at 125 Summer St. and Faneuil Hall leave 84 State St. as the last cafe downtown, with long waits and empty storefronts.
Disney’s Character.AI Deal: $20 Million License, Staff Hires and a Bankruptcy Fight
Disney Character.AI deal explained: a $20 million license, most of the startup’s staff hired, and lawsuits left behind in Chapter 11. What states want.
Tenstorrent Raises $1.5 Billion as Valuation Jumps to $6.2 Billion
Tenstorrent Series E: Jim Keller’s RISC-V AI chip company raised $1.5 billion at a $6.2 billion valuation to scale Galaxy servers and take on Nvidia.
Dana-Farber Breaks Ground on Lavine Bekenstein Cancer Hospital in Longwood
Work began Oct. 19 on the $1.68 billion Dana-Farber cancer hospital in Longwood, a 300-bed project with Beth Israel Lahey Health set to open in 2031.
100 Summer Street Auction Moved to Oct. 27
The 100 Summer Street auction for a 32-story Financial District tower is now set for Oct. 27 at 3 p.m., with a same-day $10 million deposit and 35 days to close.
Delta Adds Daily Boston–Reykjavík Nonstop Starting April 2027
Delta will fly daily Boston–Reykjavík nonstops from April 12 to Oct. 30, 2027, on a Boeing 757, taking on Icelandair at Logan.
AI Chip Production in 2026: Record Demand, Tight Supply and a Map of New U.S. Chip Plants
AI chip production is at a record but supply is tight. Map 11 new U.S. chip plants with costs, CHIPS Act awards, start dates and delays, as of Oct. 18.
Tech Stocks Slide as AI Debt Fears Hand the Nasdaq Its Worst Week Since June
The Nasdaq fell 2.1% on Oct. 16, ending its worst week since June as chip and AI cloud stocks slid on debt and yield worries. The numbers and what is next.
Proofpoint Agrees to Buy Varonis for $6.3 Billion in Bet on AI Data Security
Proofpoint will buy Varonis for $49.75 a share in cash, about $6.3 billion, closing in early 2027. Terms, premium, AI security context and reactions.