Openings, closings & business in Cambridge

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Last 14 days

• Akamai reports third-quarter profit of $117.1 million. Cambridge-based Akamai Technologies reported third-quarter earnings of $117.1 million, or 77 cents per share, according to an AP report carried by the Seattle Post-Intelligencer.Seattle Post-Intelligencer
• Sarepta Therapeutics posts third-quarter loss of $28.5 million. Cambridge-based Sarepta Therapeutics reported a third-quarter loss of $28.5 million on Thursday, according to an AP report on 10tv.com.10tv.com
• Cambridge Common and Cafe Barada confirm closures. The longtime Massachusetts Avenue restaurants Cambridge Common and Cafe Barada, along with the Lizard Lounge, will close, a move the Globe says may clear the way for new development.Cambridge Day
• Miami-based cafe opens in Harvard Square this week. A Miami-based cafe is opening in Harvard Square this week, marking the South Beach business's first Massachusetts location, Patch reports.Cambridge Patch
• Mortgage debt lingers after condo demolition. A Cambridge condo building that was evacuated and later demolished has left owners facing unresolved mortgage debt, the Boston Globe reports, with the total amount owed not made public.Boston Globe
• Cambridge Common, Café Barada confirm closure plans. Cambridge Common and Café Barada, longtime Massachusetts Avenue restaurants, will close along with the Lizard Lounge, and the closures could pave the way for new development, Cambridge Day reports.Cambridge Day
• Lizard Lounge, Cambridge Common set to close in 2027. The Cambridge Somerville Independent reports the Lizard Lounge nightclub and Cambridge Common restaurant will close in 2027 as owners sell the Massachusetts Avenue building, ending a 30-year run.Cambridge Somerville Independent
• Towing business apologizes after driver's racist language. A Cambridge towing company apologized after an employee used racist language, and the employee has since been fired, Cambridge Patch reports.Cambridge Patch
• At the Garment District, Halloween is like Christmas. The Garment District costume shop in The Port does nearly a fifth of its annual sales in October, Cambridge Day reports.Cambridge Day
• Cambridge towing business apologizes after racist language. A Cambridge towing company fired an employee after a video showed him using racist language, and the company apologized, Patch reports.Cambridge Patch
• Biogen boosts outlook after strong Q3 beat. TradingView reports Cambridge-based biotech Biogen raised its outlook after adding $2.8 billion in quarterly revenue with about 11 percent year-over-year growth, beating consensus estimates by $170 million.TradingView
• Harvard grad student workers launch second strike. Cambridge Day reports Harvard graduate student workers began a second strike this year amid stalled contract talks, with other Harvard and MIT unions threatening to follow.Cambridge Day
• Two new noodle bars open near Red Line. Cambridge Day reviews two new noodle spots near the Red Line: Xi'an Cool Noodle for cold, spicy dishes and the Noodle Lab for broth-based bowls.Cambridge Day
• Somerville favorite Michette opens Cambridge location. The Cambridge Somerville Independent reviews a new Michette cafe location off Cambridge Street, between Inman and Union squares, describing a triangular patio space with bright natural light.Cambridge Somerville Independent
• Porter Square housing project to use mass timber. The Cambridge Somerville Independent reports a two-building affordable housing project near Porter Square is part of a state program promoting mass timber, a wood material that can replace steel or concrete.Cambridge Somerville Independent
• Honeycomb Creamery opens bakery pop-up. Honeycomb Creamery is opening a next-door bakery called Crisscross Bakehouse, starting with pop-ups selling pastries like pain de mie bread, dinner rolls, cornbread, scones and cinnamon rolls, Cambridge Somerville Independent reported.Cambridge Somerville Independent
• Lamplighter brewery shifts to employee ownership. Lamplighter Brewing is transitioning ownership to an employee-owned trust, a change affecting staff across its two brewery locations and in-house coffee shop, Cambridge Day reported.Cambridge Day
• Naco Taco closing Nov. 1 to consolidate nearby. Naco Taco will close its current Cambridge location Nov. 1, losing its patio as it consolidates with sister restaurant The Smoot Standard next door, with a sendoff planned for Halloween night, Cambridge Somerville Independent reported.Cambridge Somerville Independent

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