Banking & Finance

Voting open for WBJ’s 2026 Best of Business awards

The BOB awards recognize the best business-to-business companies in Central Massachusetts: those dedicated to excellence and delivering exceptional products.

🔒Aspen Aerogels stung by EV market downturn, taking $6.3M loss in third quarter, as new CFO takes over

Citing the downtown in the United States’ electric vehicle market, Aspen Aerogels said it is looking to continue diversifying into other markets.

Unions skeptical of potential Healey plan to offer buyouts to state employees

Asked about the buyouts, Healey spokesperson Karissa Hand did not explicitly confirm that the governor's considering the option.

🔒Worcester investor pays $17.4M for New London apartments portfolio

Worcester-based Baystate Investment Fund acquired the properties.

🔒Taxes in Worcester: Businesses are the top tax contributors to the City, but exemptions and the dual rates are leading to calls for reform

In a city with high-profile industries like higher education and health care, the biggest businesses tend to be tax-exempt.

🔒Central Mass. firms awarded $5M in tax incentives to create 245 life sciences jobs

Five Central Massachusetts life sciences companies are splitting $5 million in tax incentives to create 245 jobs in the region.

🔒Hologic to be acquired for $18.3B by Blackstone, TPG

Medical device manufacturer Hologic is going from a publicly traded company to a private business as the Marlborough-based firm is to be acquired for up to $18.3 billion.

🔒Tech support: Community banks are partnering with fintechs to deliver a competitive mobile banking experience while keeping the human touch

In 2012, a WBJ review found less than half of Central Massachusetts banking institutions had a mobile...

🔒Diversifying business loans: Lenders and entrepreneurs of color are trying to overcome historic biases and practical barriers in commercial lending

Central Massachusetts institutions like Webster Five and St. Mary’s are working to open up the financial system by educating entrepreneurs of color.

Senate to boost state budget after overriding Healey vetoes

The Senate next week plans to add money back to the state budget by completing House-approved budget veto overrides, Senate President Karen Spilka told reporters Thursday.

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