BNY Mellon profit up 81%, Boston hiring plan in place

Matthew L. Brown Reporter- Boston Business Journal Email  | Twitter Bank of New York Mellon Corp.'s second quarter net income rose 81 percent to $833 million from $466 million a year ago thanks to an equity investment and improved fee revenue. Overall revenue at the custodian bank was up 11 percent to $4.1 billion and total fee revenue jumped 14 percent to nearly $3.2 billion. An equity investment Continue reading >>>

MetroWest YMCA purchases Clearbrook Swim Club

The MetroWest YMCA announced today it has purchased Clearbrook Swim Club on Parker Road from the Jewish Community Centers of Greater Boston. “With the need for outdoor recreational space and places for families to spend time together and meet others, the MetroWest YMCA is preserving and enhancing this hidden gem for the area community to enjoy. It was great to work with the JCC to make this happen,” Richard A. MacPherson, president and CEO of the MetroWest YMCA, said in a press release.. Mark Sokoll, president CEO of JCCs of Greater Boston said his organization is Continue reading >>>

After snapping up two Massachusetts companies, Germany’s Qiagen gains a …

Overseas medical technology companies continue to stream into Greater Boston, lured by the area’s famous ecosystem of researchers, startups, and potential collaborators. One company that flew in under the radar was Qiagen N.V., a Dutch holding company with corporate offices in Germany, which quietly acquired two privately held Massachusetts companies last year and may—or may not—be expanding its foothold in the Boston area. Qiagen bought Intelligent Bio-Systems Inc. of Waltham, a next-generation sequencing startup, and AmniSure International LLC, a Boston maker of women’s health Continue reading >>>

British journal blogs fire cross-Atlantic salvoes at JAMA, NEJM

Two weeks ago, former BMJ editor Richard Smith blogged, “Is the New England Journal of Medicine anti-science?” Excerpts: “I don’t know why the New England Journal of Medicine doesn’t publish electronically all the letters it receives, but I can hypothesise. The Bostonian paragon is unashamedly elitist and committed to excellence and virtue, just like their colleagues in the city teased by Henry James in his novel The Bostonians. Presumably the editors of the journal don’t want to overload their readers with what they see as ill informed criticisms, but want to present them with Continue reading >>>

ZS Genetics opens Wakefield facility

ZS Genetics, developer of a Third-Generation DNA sequencing platform, and the Massachusetts Life Sciences Center (MLSC) are pleased to announce the official opening of the company’s new office in the Greater Boston area. ZS Genetics’ management team, as well as representatives from the MLSC, MassBio and state Rep. Paul Brodeur, D-Melrose, cut a ribbon last week to mark the grand opening of the company’s new facility in Wakefield. The opening of the Boston-area office and laboratory facility is a significant milestone in the company’s transition from research and Continue reading >>>

In Greater Boston, Study Points To A Sharp — And Somewhat Mysterious …

BOSTON — Childhood obesity has been a source of deep concern for at least a generation. But after years of widening bike lanes and forcing jicama on elementary school kids, public health officials seem to be making progress. The national childhood obesity rate has leveled off in recent years. And in some parts of the country, research suggests, a decline is underway. The Robert Wood Johnson Foundation has rounded up the regional studies and found waistlines shrinking from Vance County, N.C., to Anchorage, Alaska. But the most dramatic — and, perhaps, least scrutable Continue reading >>>

More effort needed

BOSTON is not a 'Crap Town', however it is being made crap by a small percentage of the population who have a distorted sense of entitlement and total disregard for their own actions. I have personally witnessed native Bostonians dropping litter two feet away from litter bins, throwing fag ends down wherever they like, collecting their dog poo into bags and throwing them into the nearest bush or not even bothering to collect it in the first place. Bostonians, who urinate in public places including children's playground areas, sit in those same playgrounds drinking alcohol in front of children. Bostonians Continue reading >>>

Old Everett candy factory a sweet spot for high-end housing

(From left) Deputy Secretary of Housing and Economic Development Arthur Jemison, Secretary Greg Bialecki, Everett Mayor Carlo DeMaria Jr., and developer Andy Montelli at the former Charleston Chew factory in Everett. By Kathy McCabe, Globe Staff As Everett waits to find out if a resort casino will be located in the city, a $90 million project to convert the former Charleston Chew candy factory into 328 luxury apartments could become a sweet spot in the Greater Boston housing market, the state's top business official said Tuesday. "It seems like this was a development just waiting to happen," Continue reading >>>

Nephew of ‘Boston Strangler’s’ Last Victim Believes DeSalvo Was Killer

For decades, Casey Sherman, the nephew of the Boston Strangler's last victim, doubted that Albert DeSalvo was the man who killed his aunt, Mary Sullivan. Sullivan lived in an apartment on Charles Street and was 19-years-old when she was raped and killed in 1964.  But, after a recent investigation revealed that there was a likely match between DeSalvo's DNA and that which was found on Sullivan's body at the crime scene, Sherman told Greater Boston that the turn of events has changed his mind.  Continue reading >>>