Commission says Hub Olympics feasible
A special commission examining the possibility of hosting the Summer Olympics in the Bay State released a report yesterday saying that it would be feasible to host the 2024 Summer Olympic Games based upon its initial assessment that the state meets many of the International Olympic Committee's criteria.
But the commission recognized that pursuing a bid would be an enormous task, and that infrastructure and venue requirements would need to be addressed. The commission said the Olympics could accelerate the economic development and infrastructure improvements necessary to ensure that the Bay State can compete globally now and in the future.
Mass. fisheries get $33M from feds
The Patrick administration yesterday announced that nearly $33 million will be allocated to the New England Multispecies Groundfish Fishery by the National Oceanic and Atmospheric Administration following the federal disaster declaration for the region's ground-fishermen. The state's groundfish industry makes up approximately 90 percent of the New England groundfish fishery.
The funding is part of $75 million appropriated by Congress for six fishery disasters nationwide declared by the Secretary of Commerce in 2012 and 2013. The U.S. Department of Commerce declared commercial fishery failure for the Northeast groundfish fishing industry in September 2012.
Smarterer raises $1.6 million
Smarterer, a Boston company that offers online skill assessments through quizzes, has raised $1.6 million for its new product for businesses, Flock.
With the investment led by Rethink Education, an education technology venture capital firm, Smarterer will continue to grow and develop Flock, a shift from the company's existing consumer-focused skills quizzes.
Today
Commerce Department releases fourth-quarter gross domestic product.
National Association of Realtors releases pending home sales index for January.
THE SHUFFLE
Jones Lang LaSalle announced the firm has hired Jason Fivek to lead its Mass Pike/Route 128 brokerage team as a managing director. He will specialize in representing tenants and investors in the leasing and sale of office, research and development space in Waltham and the surrounding marketplace. Fivek joins JLL from Boston Properties and brings 15 years of commercial real estate experience.
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