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Mass. unemployment falls to 2.8%

Laura Finaldi |

The Massachusetts unemployment rate fell for the sixth consecutive month in December, dropping to 2.8 percent for the first time since December 2000.

Worcester groups to receive $15,000 from MassDevelopment

Savannah Donohue |

Girls Inc. and Quinsigamond Community College in Worcester are receiving a combined $15,000 in grants through MassDevelopment's AMP it up! program.

Lease payment shows Cape Wind still alive

State House News Service |

Documents furnished to State House News Service indicate Cape Wind made a recent lease payment of $88,278, the exact amount that has been paid each of the prior six years to maintain the lease.

Business groups see Baker assessment as MassHealth bailout tax

State House News Service |

Gov. Charlie Baker's plan to address rising public and private health care costs by capping provider prices and fining employers that don't offer coverage drew a strong rebuke from some in the...

Ratings firm to pay Mass. $12M over subprime crisis

State House News Service |

The credit analysis agency Moody's entered into a nearly $864 million settlement agreement with 22 states, including Massachusetts, to resolve charges it acted deceptively when rating securities tied...

AG plans to fight Eversource rate increase

State House News Service |

Attorney General Maura Healey plans to challenge Eversource's request to increase its electric rates by $96 million, saying the utility company should instead be delivering savings to customers.

HP to acquire SimpliVity for $650M

Brad Kane |

California computer giant Hewlett Packard Enterprises plans to acquire Westborough data storage provider SimpliVity for $650 million, which is a significant decrease over its assessed value two years...

Solect to install 446 kw array for Medford firm

Savannah Donohue |

Hopkinton solar installer Solect Energy has partnered with a Medford-based specialty food distributor to install a 446-kilowatt solar array on the roof of the distributor's 75,000-square-foot...

Vander Hooven approved as next MWCC president

Savannah Donohue |

The Massachusetts Board of Higher Education voted Tuesday to approve Dr. James Vander Hooven as the third president of Mount Wachusett Community College, during a special meeting in Boston. He will...

FLEXcon VP named MassMEP board chair

Savannah Donohue |

Massachusetts Manufacturing Extension Partnership (MassMEP) announced today that it has elected William Sullivan as the next chair of its board of directors.

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