Tuesday, November 24, 2009

A&F Secretary Jay Gonzalez addresses the Chamber’s Government Affairs Forum

On Friday, November 20 the Commonwealth’s Secretary of Administration and Finance, Jay Gonzalez, spoke to the Chamber’s Government Affairs Forum. Secretary Gonzalez said he felt that the state legislature was engaging in risky behavior by adjourning for the year without closing a projected $125 million budget deficit. Gonzalez noted that responsible budget management is much more than simply hoping revenues will get better and solve the state’s problems on their own, and that actions to balance the budget must be taken. He also divulged that four unions representing 75 percent of the state’s 40,000 person unionized executive branch have agreed to forgo raises in order to combat potential layoffs. Secretary Gonzalez added that the state is continuing negotiations with other unions.

Click here to view images from the event.

Coverage of this event can be seen in the Boston Globe and the Associated Press.

The Chamber would like to thank Bank of America for sponsoring the Government Affairs Forum series.

Chamber hosts Republican Senate candidates forum.

Yesterday morning, the Greater Boston Chamber of Commerce hosted a special Government Affairs Forum featuring the two Republican candidates for U.S. Senate - State Senator Scott Brown and businessman Jack E. Robinson.


Brown and Robinson answered a series of questions on issues important to the business community, including health care, education, and job creation.

Photos from the event can be found here.

The forum was attended by a number of media outlets:

-The Boston Herald, WBUR , and the Associated Press reported on the candidates' health care positions.

-NECN has more:

Monday, November 23, 2009

The next Bank of America CEO & education reform on the 'Business Beat'

On the Business Beat, NECN business reporter Peter Howe predicts that Brian Moynihan will not be the next CEO of Bank of America, and discusses education reform and the possibility of the state’s first public law school.

US Senate candidate Attorney General Martha Coakley is in the 'Briefing Room'

In the Briefing Room, Democratic candidate for US Senate Massachusetts Attorney General Martha Coakley talks about business related issues in the Senate race, including healthcare, job creation, financial regulation, and stimulus funds.

The implications of President Obama's trip to China on 'This Week in Business'

Yesterday on ‘This Week in Business,’ Boston College associate finance professor Jun Qian joined hosts Paul Guzzi and Mike Nikitas to talk about whether or not President Obama's trip to China was a success. He discusses the likelihood of moving forward and forging a partnership between our two countries.

Friday, November 20, 2009

A drop in unemployment & the end of the legislative session 'On the Record'

Chamber president & CEO Paul Guzzi went ‘On the Record’ with NECN’s RD Sahl to discuss a drop in jobless numbers in Massachusetts. Guzzi talks about the end of the Massachusetts legislative session and the key bills left unfinished. He also touches upon the UMass plan to open the state’s first public law school.

Tuesday, November 17, 2009

Chamber to hold Annual Holiday Reception on December 2.

On Wednesday, December 2, the Greater Boston Chamber of Commerce will host its Annual Holiday Reception at the State Room Boston.

The Chamber invites members to kick off the holiday season at the business community's signature holiday gathering.

Join fellow members for an evening of cocktails, hors d' oeuvres, and networking, and enjoy a spectacular view of the Boston skyline.

To register for this event, click here.

Monday, November 16, 2009

Chamber to host Republican candidates forum.

The Greater Boston Chamber of Commerce will host the Republican Candidates for United States Senate in Massachusetts at a Special Government Affairs Forum on Monday, November 23, 2009.

The forum is the second in a series of election forums, and will feature State Senator Scott Brown and Jack E. Robinson, Esq., attorney and private investor.

To register for the event, click here.

Education reform & the future of Hollywood East on the 'Business Beat'

On the Business Beat, NECN business reporter Peter Howe talks about education reform and the future of Hollywood East.

US Senate candidate Congressman Michael Capuano is in the 'Briefing Room'

In the Briefing Room, United States Congressman Michael Capuano, Democratic candidate for the United States Senate, discusses health care reform, jobs creation, executive pay, financial regulation, and transparency.

The Boston business editors join 'This Week in Business'

Yesterday on ‘This Week in Business,’ Boston business editors Frank Quaratiello of the Boston Herald, Shirley Leung of the Boston Globe, and George Donnelly of the Boston Business Journal joined hosts Paul Guzzi and Mike Nikitas to focus on the business of economic forecasting. The editors gave predictions about how slow the economic rebound will be in New England.

Friday, November 13, 2009

The Chamber's latest Competitiveness Scorecard & the Joint Education Committee's recent bill 'On the Record'

Chamber EVP Jim Klocke went ‘On the Record’ last night with NECN’s RD Sahl to discuss the findings of the Chamber’s recently released Competitiveness Scorecard on Higher Education and the Chamber’s recommendations. Klocke also talked about a bill released this week by the Joint Education Committee and its implications for education reform in the Bay State.

Wednesday, November 11, 2009

ABC World News Anchor Charlie Gibson speaks at the Chamber’s Government Affairs Forum

Yesterday, ABC World News Anchor Charlie Gibson spoke to the Greater Boston Chamber’s Government Affairs Forum. After having spent much of his career working in the news industry, Gibson addressed the changes that have taken place in the media. He specifically spoke about networks that cover news to target niche audiences like MSNBC and Fox News – warning that the lack of objectivity could damage the future of the news business. Gibson also touched on his experience covering national politics for four decades, noting that the partisan nature of our current political system is prohibiting action. He referenced the Republican strong-hold against passing a health care reform bill under the Obama Administration, and some of the roadblocks instituted by liberals during the Bush Administration. Charlie Gibson’s vast amount of media and political knowledge attracted a crowd of over 200 Chamber members at the Mandarin Oriental Boston.

To view imagery from this event, please click here. For press coverage, check out the Boston Herald.

Don’t miss the next Government Affairs Forum with the Commonwealth's Secretary of Administration and Finance Jay Gonzalez on November 20. For event details and registration, click here.

The chamber would like to thank Bank of America for sponsoring this event.

Chamber releases Competitiveness Scorecard on innovation generated by state's Higher Education Industry.


The Greater Boston Chamber of Commerce today released its second Competitiveness Scorecard, a barometer of cost and competitiveness issues facing the Massachusetts economy and a comparison of how the Commonwealth fares against the 49 other states.  The November edition of the Competitiveness Scorecard focuses on innovation generated by the state’s higher education sector.

The Scorecard shows that Massachusetts’ colleges and universities play a vital role in promoting and sustaining innovation – providing the basis of the ‘innovation engine’ that drives our economy.  Massachusetts ranked 1st in the nation per capita for the total number of patents produced by higher education institutions - with a rate nearly twice as high as the next closest state. 

A high rate of patent production indicates success in research and development, and also indicates that Massachusetts is a fertile ground for inventors and entrepreneurs.  Massachusetts ranked 3rd in the country in the total number of start-up companies created from university R&D, suggesting that the high patent numbers translated into a robust entrepreneurial market for the state.

Despite its relative strength, Massachusetts’ higher education institutions are threatened by the economic downturn and global competition.  The recession and the resulting decline in institutional endowments have left our leading colleges and universities vulnerable to other states and nations that are quickly closing the gap in research funding – challenging our leadership position in innovation.

In order to maintain and strengthen the Massachusetts higher education sector’s position as an innovation leader, the Chamber proposes:
  • Maintaining the financial strength of colleges and universities by sustaining the strong commitment to federally sponsored R&D and not taxing institutional endowments that continue to fuel research;
  • Promoting patient capital in Massachusetts start-ups by adopting a “3 in 3” investment incentive, which would apply a 3 percent capital gains tax to Massachusetts-based start-ups [vs. current 5.3% and 12% rates]; and
  • Strengthening higher education-business connections for talent development to keep college and university talent in the region.
“Massachusetts is clearly an innovation leader, and that strength is a testament to our colleges and universities,” said Chamber president & CEO Paul Guzzi.  He added, “But the rest of the world is catching up, and we must do everything we can to sustain our advantage.  The Chamber’s proposals will help ensure we maintain our innovation edge.”

The Chamber will advocate for these recommendations, and will work with college, university, civic, business, and government leaders to ensure that the higher education sector maintains its leadership position as an engine of innovation.  Download the full scorecard at bostonchamber.com.

Monday, November 9, 2009

Retiring "World News" Anchor Charlie Gibson to address Chamber tomorrow.


Charlie Gibson, anchor of ABC's flagship broadcast "World News," will address the Greater Boston Chamber's Government Affairs Forum, tomorrow, November 10. Gibson announced in September that he will retire from ABC News at the end of 2009.

Gibson has served well as ABC's principal anchor for breaking news, election coverage, and special events. With more than 40 years of experience, 33 of those at ABC News, he is one of the most distinguished journalists in television.

Since being named anchor of ABC’s "World News" in May 2006, Gibson reported from around the country and the world. During the 2008 election cycle, he covered the pivotal primaries and caucuses, moderated several presidential debates, covered both the Democratic and Republican conventions, and interviewed numerous Presidential candidates.

Before being named anchor of "World News," Gibson was co-anchor of "Good Morning America” (GMA). He returned to GMA to re-launch the broadcast with Diane Sawyer on January 18, 1999. At GMA, Gibson reported on many of the pivotal events that have shaped our world. Anchoring the morning broadcast on September 11, 2001, Gibson, along with Sawyer, began the network's award-winning coverage of the attacks on the World Trade Center and the Pentagon.

Gibson has interviewed each of the last seven American presidents, as well as leaders from around the globe, including Kofi Annan, Tony Blair, the late Yasir Arafat, and Nelson Mandela. Gibson also served as chief correspondent at the House of Representatives for ABC News from 1981 to 1987. He is a graduate of Princeton University, where he was news director for the University's radio station, WPRB-FM.

Click here to register for the event tomorrow.

The auto industry, the latest with Evergreen Solar & the future of Citizens Bank on the 'Business Beat'

On the Business Beat, NECN business reporter Peter Howe joins to talk about the road to profitability in the nation's auto industry, the future of Evergreen Solar, and the future of Citizens Bank.

US Senate candidate Steve Pagliuca joins the 'Briefing Room'

In the Briefing Room, Democratic candidate for US Senate Stephen Pagliuca discusses the nation's 10.2 percent jobless rate and what can be done to bring more jobs to Massachusetts. He also weighs in on healthcare reform and financial services regulation.

The MBTA's safety concerns and financial instability on 'This Week in Business'

Yesterday on ‘This Week in Business,’ David D'Alessandro, former CEO of John Hancock, joined hosts Paul Guzzi and Mike Nikitas to talk about a report commissioned by Governor Patrick that raises major safety concerns and questions about the financial health of the MBTA. He takes a look at what can be done to turn it around.

Friday, November 6, 2009

A drop in first-timers seeking jobless benefits, a new MBTA report & 'Race to the Top' funds 'On the Record'

Chamber EVP Jim Klocke went ‘On the Record’ last night with NECN’s RD Sahl to discuss the drop in the number of people seeking first time jobless benefits. This is positive news for the national economy, but what does it specifically mean for Massachusetts? Klocke also talks about a recent MBTA report revealing shortfalls in revenue and safety risks for T riders, as well as President Obama’s recent discussion on ‘Race to the Top’ funds and the possible impact of these funds on Massachusetts.

Wednesday, November 4, 2009

Best-selling author Suzy Welch addresses the Chamber's Women's Network

This morning, the Chamber hosted a Women’s Network Breakfast with best-selling author, commentator, and business journalist Suzy Welch. With nearly 300 people gathered at the Fairmont Copley Plaza Hotel, Suzy Welch led a discussion on the importance of finding a balance between work and personal lives. She shared her own inspirational tale, and advised women to define their own values and then incorporate them into daily decisions that they make. Welch promoted her new book “10-10-10” that provides management advice, recommending that women weigh the impact that their decisions can have in 10 minutes, 10 months, and 10 years. She discussed the transitions she has made throughout her life, and acknowledged that those transitions have helped her to reshape her life so that it better reflects her personal values. Welch closed by saying that she has never been happier.

Click here to view images from this Women’s Network Breakfast.

Coverage of today’s event can be found in the Boston Herald.

Don’t miss the next Women’s Network Breakfast panel discussion titled “Leading a successful non-profit and the next generation” on December 9. This event will feature Dr. Joan Wallace-Benjamin, president & CEO of The Home for Little Wanderers, Ruth Bramson, CEO of Girl Scouts of Eastern Massachusetts, Connie Chow, executive director of the Science Club for Girls, and Sylvia Ferrell-Jones, president & CEO of the YWCA Boston. For event details and registration, click here.

The Chamber would like to thank PricewaterhouseCoopers for sponsoring this event.

Monday, November 2, 2009

Health care reform, gaming in Massachusetts, JetBlue's expansion & changes at the Boston Globe on the 'Business Beat'

On the Business Beat, NECN business reporter Peter Howe looks at the House Democrat versions of U.S. healthcare reform, the intensity over the future of casino gambling in Massachusetts, JetBlue’s expansion at Logan Airport, and the announced departure of The Boston Globe publisher Steve Ainsley.

MFS Investment Management chairman discusses how to fix the financial system in the 'Briefing Room'

In the Briefing Room Robert Pozen, chairman of MFS Investment Management, talks about what caused the meltdown of the nation's financial system and gives his opinion on how to fix the system. It's a preview of his upcoming book: "Too big to save? How to fix the U.S. Financial system."

The state of the Massachusetts economy on 'This Week in Business'

Yesterday on ‘This Week in Business’ Northeastern University professor Alan Clayton-Matthews joins hosts Paul Guzzi and Mike Nikitas to talk about why the Massachusetts economy shrunk in the third quarter while the national economy grew. He touches upon state budget cuts and how to improve the local economy.