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Banking & Finance
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UMass Memorial to close teen detox center
June 5, 2025As a result of declining utilization, UMass Memorial Health in Worcester will close an in-facility acute detox and stabilization program for teens.
June 5, 2025
Clark University to lay off up to 30% of faculty, significantly restructure degree tracks amid financial strain
June 3, 2025In response to financial challenges and a dramatically reduced incoming freshman class, Clark University in Worcester will restructure its degree tracks and layoff up to 30% of its faculty.
June 3, 2025
Anonymous party rescinds offer to buy Akoya Biosciences
June 3, 2025Mere weeks after making an unsolicited bid to buy Marlborough-based biotech firm Akoya Biosciences, the anonymous party has withdrawn its offer .
June 3, 2025
Pharmaceutical lobbyist pressures Mass. lawmakers to pause bill attempting to cap drug prices
June 3, 2025Less than two weeks after the Senate moved to create a new prescription drug price cap system in Massachusetts, an industry official warned against legislative "leapfrog" that could complicate the most recent round of reforms.
June 3, 2025
Movers & Shakers for June 2, 2025
Updated: June 2, 2025Employees at Bowditch & Dewey, the Downtown Worcester Business Improvement District, and Quinsigamond Community College are moving forward as professionals.
Updated: June 2, 2025
The last 24-hour diner: As 24/7 dining slips away, a Worcester staple stands alone
Updated: June 2, 2025The Boulevard Diner now stands as Central Massachusetts’ sole independently-owned diner operating with any kind of 24-hour model.
Updated: June 2, 2025
UMass Memorial shutters two clinics, pauses non-clinical hiring
May 30, 2025UMass Memorial Health has implemented a system-wide hiring pause on all non-clinical, non-patient-facing roles and shuttered two behavioral health clinics.
May 30, 2025
Budget expert: Trump Administration policies could slash billions in federal funding for Mass.
May 30, 2025Massachusetts could face billions in lost federal revenue and heightened economic risk under the second Trump administration, a budget expert warned lawmakers Thursday, but he emphasized that a broad economic downturn could deal the hardest blow.
May 30, 2025
Central Mass. nonprofits snag portion of $6.7M for small business training
May 28, 2025Nine Central Massachusetts nonprofits have received a total of nearly $1 million in grant funding for their efforts to provide small businesses with technical assistance training and access to financing.
May 28, 2025
Take WBJ's 2025 Midyear Economic Forecast survey
May 27, 2025The first five months of 2025 have been a wild ride for the economy. How has your outlook changed for the rest of the year?
May 27, 2025
Arch Therapeutics files for bankruptcy, as company accepts stalking horse bid
May 27, 2025Two months after its CFO abruptly resigned, Arch Therapeutics, a Framingham-based biotechnology company, has filed for Chapter 11 bankruptcy.
May 27, 2025
bankHometown parent to acquire Colonial Federal Savings parent to form $7B institution
May 23, 2025Hometown Financial Group will soon acquire CFSB Bancorp, forming a nearly $6.9-billion entity.
May 23, 2025
Senate passes $61.4B annual state budget
May 23, 2025On the same day the U.S. House approved a sweeping package of tax relief and funding cuts that could impact state finances, the Massachusetts Senate approved an annual state budget that presses ahead with a sizable spending increase.
May 23, 2025-
Akoya Biosciences considering unsolicited buyout amidst merger proceedings
May 21, 2025After biotech firm Akoya Biosciences previously announced it would be acquired by Quanterix, the company is now considering an unsolicited, all-cash buyout offer it received from an anonymous third party.
May 21, 2025 
Following Nasdaq delisting, ConnectM finalizes $1.4M purchase of India-based energy company
May 20, 2025ConnectM Technology Solutions has completed a $1.4 million acquisition of Cambridge Energy Resources.
May 20, 2025
Power 100: WBJ names the most influential professionals in 2025
Updated: May 19, 2025The Power 100 edition is an annual report on how power is shared and expended in Central Massachusetts each year, as told through the 100 people who are most effectively wielding their influence, with a special focus on those creating change and
Updated: May 19, 2025
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