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28 Boston-based Startups Raised Over $418 Million in September

Boston startups saw a rebound in September, resuming the financing numbers posted in July, according to BostInno.com. Overall, 28 area startups raised a grand total of $418 million last month. BostInno’s survey found that startup money spread across a wide spectrum of small-scale companies, with only a few blossoming organizations raising upwards of $10 million. The startups ranged from […]

Cincinnati Tourism Industry Generates $5 Billion for City

A recent study found that the travel and tourism industry in Greater Cincinnati created $5 billion in revenue, according to the Cincinnati Business Courier. This was a 14 percent increase from 2013.  The Cincinnati USA Convention & Visitors Bureau, the Cincinnati USA Regional Tourism Network and the MeetNKY/Northern Kentucky Convention and Visitors Bureau conducted the study.   “We’re […]

Chinese Investment Creating Jobs in Latin America

While some difficulties exist in the greater economy of Latin America and the Caribbean, recent data shows that one Chinese investments and trade have created many jobs in these regions.  The International Labour Organization released research Sept. 7 indicating that collaborative efforts between China-based businesses and Latin American enterprises created more than 1.8 million jobs between […]

Incentive Package to Revitalize Downtown Topeka, Add Jobs

A $225,000 incentive package for Premier Advisory Group will stimulate the local economy and add jobs in downtown Topeka, Kansas, local news station WIBW reported.  The company, which operates Bajillion Agency, MotoVike Films and ActionCOACH Business Coaching, plans to spend $1.6 million to establish new office space for its businesses.  The project could add up to $16 […]

Auto Manufacturing Plant to Create More than 700 New Alabama Jobs

Alongside truck manufacturer Autocar LLC, the Jefferson County Commission announced Sept. 13 that the truck manufacturer plans to build a new $120 million facility in Birmingham, Alabama, which would create up to 746 direct jobs in the metropolitan area and throughout the county. According to AL.com, the plant, once complete, will occupy more than 1 million square […]

Cybersecurity Software Developer Fortinet to Create 1,000 New Jobs in Vancouver Area

Cybersecurity software developer Fortinet announced that it will expand its intelligence and research and development operations in Burnaby, British Columbia. The expansion will create 1,000 new jobs at a Fortinet data centre in Burnaby, which is located about 13 kilometres from Vancouver. The new positions will in effect double the Canadian presence of the company, which is […]

Canadian Government to Fund Work Placements for STEM Industries

The Canadian government recently announced that it will spend $73 million to create 10,000 work placement opportunities for students in STEM fields, the Toronto Star reported.  Under the program, the government will partner with participating companies and pay 50 per cent of a student’s wages in the placement, up to $5,000, the source explained. It […]

United Technologies to Acquire Rockwell Collins in Major Aerospace Deal

United Technologies Corp. recently announced that it will acquire aerospace solutions company Rockwell Collins, Inc. in a $30 billion deal, according to a press release.  The acquisition will support innovation and the development of advanced digital aerospace systems at UTC, an aerospace technology forecasted to see global, pro-forma 2017 sales of $67 to $68 billion […]

Amazon to Create Many Jobs at Delaware Facilities

Amazon has kept itself in the news quite a bit recently, due to everything from its acquisition of Whole Foods to its series of large-scale job fairs. In keeping with the goals of the latter project, the e-commerce giant announced a call for new employees at its two Delaware distribution facilities. According to the Philadelphia […]