Zipcar

Business

Zipcar Shutters Boston Headquarters, Cuts Over 120 Jobs in Consolidation Move

The pioneering car-sharing firm Zipcar, founded in Cambridge in 1999, is closing its Boston corporate office and laying off dozens of local staff as parent company Avis Budget Group consolidates operations to New Jersey.

Business

Industrial Sector Outperforms, But These 3 Stocks Flash Caution Signals

While the industrial sector has surged ahead of the broader market, not all companies are positioned to weather an economic downturn. We examine three industrial stocks where valuation and business model concerns suggest investors should proceed with caution.