Hasbro is moving its corporate headquarters to Massachusetts from Rhode Island. It'll result in 700 new jobs while raising the state's profile as a place where companies want to put down roots.

"It is great to have Hasbro now coming to Massachusetts," said Gov. Maura Healey.

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The longtime toymaker says it's relocating to accelerate innovation and attract top talent, even though Boston has one of the highest costs of a living in the country.

"We've got the best and the brightest, but it's more expensive to live here. It's more expensive to employ people," said Doug Howgate of the Massachusetts Taxpayers Foundation. "We still do face challenges in terms of those high costs that face employers and face taxpayers, but

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