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Wholesale power prices plunged in April

The average wholesale price of electricity in New England in April was the third lowest for any single month in 12 years, thanks to mild weather, low prices for natural gas and record-low power...

Collaboration stressed at anniversary gala for nonprofits

Sam Bonacci |

Gov. Charlie Baker stressed the importance of collaboration Thursday when he addressed the 50th-anniversary celebration of the Worcester Business Development Corp. (WBDC) and the Worcester Community...

Meehan, UMass agree to 5-year contract

BY MATT MURPHY STATE HOUSE NEWS SERVICE |

University of Massachusetts Lowell Chancellor Martin Meehan has agreed to a five-year contract to lead the UMass system as its next president with an annual base salary that escalates from $525,000...

Ameresco to boost energy efficiency of Framingham buildings

Town officials in Framingham didn’t have to look far to select a company to help make municipal buildings more energy efficient.

Allstate seeks local agents in Mass. growth plans

Allstate Insurance, which did not do business in Massachusetts for 25 years before returning in 2012, is expanding its Bay State market, and looking to line up a few Central Massachusetts agents and...

Senate's after-midnight vote supports budget, MBTA reforms

STATE HOUSE NEWS SERVICE |

The Senate shortly after midnight Friday morning unanimously passed a $38.1 billion budget plan for the fiscal year that begins in July after Democrats and Republicans...

Unum CEO retires

After 12 years as chief executive of Unum Group, Thomas R. Watjen retired at the insurance company’s annual shareholder meeting today in Chattanooga, Tenn. Richard P. McKenney, Unum’s...

Senate passes plan to help more seniors afford home care

STATE HOUSE NEWS SERVICE |

Home care industry officials are celebrating passage of a Senate budget amendment on Wednesday that they say will make assistance more accessible and enable more seniors to avoid nursing home care.

Report: Region’s 2014 wholesale power markets competitive

Even as electricity prices climbed in New England last year, the state’s wholesale power markets operated competitively, with prices reflecting the cost of production, ISO New England said...

State jobless rate falls to 4.7 percent

Carol McDonald |

Massachusetts' unemployment rate ticked down for the seventh straight month in April, reaching its lowest point since January 2008.

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