Five things you need to know, and black tie gala – Boston Business Journal – The Business Journals





Good morning, Boston. Here are the five most important things you need to know to start your workday.
Walmart’s local bot buy
Retailing giant Walmart Inc. is acquiring an Andover robotics company to boost its automated grocery fulfilling capabilities, Lucy Maffei reports. A handful of staff cuts are expected.
The Friendly Toast opens first Maine location
Lucy also visited the newest location of The Friendly Toast, the all-day brunch and bar spot, in Portland, Maine amid other planned expansions. Check out photos and details here.
Boston’s top foreign-investment ranking
Boston’s robust workforce, educational institutions and reputation in technology help make it one of the best-positioned cities in the U.S. to draw foreign investment, according to new research from the Financial Times and Nikkei. 
Subscribe free to our twice-weekly TechFlash, BioFlash and Real Estate newsletters, all the news you need to know, and all free.
No sports betting till 2023
Don’t expect sports betting until January at the earliest, the State House News Service reports. But the site of the former Raynham-Taunton Greyhound Park will be transformed into a 60,000-square-foot retail sports betting location — one of five that will open in Massachusetts next year, according to WCVB.
Harvard Innovation Labs debuts new ‘membership’
BostInno’s Hannah Green reports that Harvard Innovation Labs is restructuring its services to bring even more students into its fold.
What else you need to know
By the numbers
The Petri Dish
Rowan Walrath’s biotech news roundup includes the Novartis exec who joined Moderna as its new CTO, and Ginkgo’s two new acquisitions
What’s going on?
A sold-out event yesterday featured women founders and executives in biotech: the 2022 honorees of the Women Who Lead in Life Sciences. See the Q&As with each of them here:
Names and faces
Carolyn Bertozzi, co-founder of the Waltham-based cancer and inflammatory drug developer Palleon Pharmaceuticals, won the Nobel Prize for chemistry for her work in “click chemistry” and bioorthogonal chemistry.
This day in history
On this day in 1996, Fox News Channel was launched in the United States by Roger Ailes for Rupert Murdoch’s News Corp.
What I’m watching
Welcome to Wrexham, on FX/Hulu
What I’m reading
A Tree Grows in Brooklyn, by Betty Smith
What’s good on Radio Paradise
Green Grow the Rushes, by R.E.M.
Breaking out the black tie
Happy Friday, everyone. Got plans this weekend? I’ll breaking out my tuxedo. After trying it on earlier this week, I’m proud to say it still fits — despite that “Covid 20” I put on in 2020 and 2021, and have been trying to lose in 2022. Those of you who have seen me at various events around town know that I’m a bowtie guy. (This wasn’t always the case.) Tomorrow night, the bowtie will be black and extra fancy, and I’ll be joining a whole host of Boston execs and VIPs at the Boston Arts Academy Foundation fundraiser, BAA Honors.
Four Boston leaders will be receiving awards for their professional and civic contributions to the city: Lee Pelton, CEO and president of The Boston Foundation; Lee Michael Kennedy, president and CEO of the Lee Kennedy Co. Inc.; Bryan Rafanelli, founder and chief creative officer of Rafanelli Events; and Kobi Halperin, creative director of Kobi Halperin and UNGARO Paris. Modeled after the annual Kennedy Honors event in Washington, D.C., the annual event is being held in the Boston Arts Academy’s brand-new building, which opened at the beginning of the new school year. You can find out more about the foundation, and the fete, right here..
PARTING SHOT
Before Boston’s only public school for the visual and performing arts got a brand-new building, here’s what it was like in the hallways and classrooms.
Join us as we celebrate the Movement Makers — they’re leading the way for lasting change and a better Boston.
Good News Tuesday is a new BBJ feature in partnership with Santander Bank highlighting positive acts that provide inspiration to others to follow suit.
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