Bing Yeo has years of experience owning and running franchises, and helping other business owners run their companies more effectively. He also isn't afraid to try new things.
Businesses plan to increase communications with their employees and shell out more for wellness programs this year, according to the results of a new survey from Virgin Pulse, based in Framingham.
The recent announcement that Staples, of Framingham, will buy its chief rival, Office Depot underscores the increasing power of electronic commerce, the changing habits of American consumers and the challenge some specialty retailers face in competing against the likes of Wal-Mart and Target.
Preeclampsia is a leading cause of maternal and infant death worldwide, though the causes are poorly understood, and treatment options are limited.
When an expectant mother develops the disease – which causes high blood pressure, swelling, headache, vision changes and seizures – the normal course of action is to deliver the baby as soon as possible to avoid the potential death of both mother and baby. But when it occurs too early in a pregnancy, that remedy is surrounded by health risks for the baby that could result in life-long problems.
It's a conundrum rEVO Biologics of Framingham is trying to solve. The biopharmaceutical company, which is focused on developing and commercializing treatments for patients with rare, life-threatening diseases, began clinical trials last summer on a drug that may allow women to prolong their pregnancies than what available medicine allows.
Framingham-based Staples Inc. is buying its chief rival, Office Depot, in a deal valued at about $6.3 billion, the companies announced Wednesday morning.
Framingham-based Staples Inc. has issued a statement welcoming “constructive” dialogue with shareholders after activist investor Starboard Value on Tuesday urged a merger with office supplies competitor Office Depot.
“Staples values constructive shareholder input and dialogue and regularly meets with its shareholders. The company has met and spoken with Starboard Value on several occasions to discuss their ideas,” the statement read, adding that the Staples board “carefully considers all actions that would create shareholder value and is committed taking actions that are in the best interest of all of the company's shareholders.“
Ronald L. Sargent, chairman and CEO of Staples Inc., has chosen not to accept his 2.5 percent base salary raise for 2014, Staples said in a statement Wednesday. The raise had previously been cleared by the company's board.
Town officials are intrigued by a proposal to expand Framingham's only brewery, Jack's Abby Brewing, inside a building formerly occupied Dennison Manufacturing Co., the paper products manufacturer that was once the town's economic engine.
Jack Hendler, who owns and operates the Morton Street brewery with his brothers, said Jack's Abby draws customers from near and far, and has outgrown its current space of about 17,000 square feet. With 25,000 visitors last year, the Hendlers are hoping to expand production, tastings and tours, and add a restaurant and taproom in a 67,000-square-foot space in one of two buildings at 100 Clinton St., part of Dennison's former complex that was active from 1897 until it merged with Avery Corp. in 1990 to become Avery Dennison.