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Be cautiously optimistic about 2019


It would be a head-in-the-sand mentality for electrical contractors not to brace for a bit of a tremor by the time 2020 rolls around.

Movers & Shakers

Who's on the move in Central Massachusetts?

Greater Worcester hotel growth outpaces national average as prices rise

Grant Welker |

The forecasted stall in the nation's hotel industry would come as Worcester metropolitan area hotels mark five years of growth in occupancy rates and average nightly room rates.

U.S. Treasury: Russian oligarch list not meant to punish IPG CEO Gapontsev

Zachary Comeau |

In a 55-page document, the U.S. Department of the Treasury said IPG Photonics and CEO Valentin Gapontsev's lawsuit to remove the wealthy physicist from a list of Russian oligarchs lacks merit.

Montachusett Home Care names new CEO

Leominster-based Montachusett Home Care Corp. has named its longtime Chief Financial Officer Lori Richardson as its new CEO following the retirement of its former chief in December.

Charlton pot farm project gets court win, still faces uphill battle

Zachary Comeau |

Massachusetts Land Court has struck down a Charlton bylaw prohibiting the recreational marijuana industry,

Worcester to negotiate with Nature's Remedy for 14th pot shop license

Worcester will negotiate with another retail cannabis establishment, Nature's Remedy, bringing the total number of retail stores to negotiate a host community agreement with the city to 14.

Report: Facebook could loosen cannabis content restrictions

Zachary Comeau |

In a move that could ease the issues plaguing many Massachusetts cannabis businesses, Facebook could loosen restrictions on posts promoting marijuana sales.

Forbes: IPG CEO Gapontsev lost $1.2B in net worth in 2018

Zachary Comeau |

Valentin Gapontsev, CEO of Oxford laser manufacturer IPG Photonics, lost $1.2 billion of net worth in 2018, according to Forbes' list of billionaires.

Southbridge Tech Incubator seeks startups

The Southbridge Tech Incubator, the first Central Mass. South technical co-working space, is now accepting lease applications.

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