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Banking & Finance
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2024 Power 100: Raffi Garabedian
Updated: April 29, 2024The rise of Electric Hydrogen since its founding in 2020 could be described as stratospheric, owing to its promising technology to decarbonize hydrogen production.
Updated: April 29, 2024
2024 Power 100: Meredith Harris
Updated: April 29, 2024When you’re leading economic development in a bustling hub like Marlborough with ideal highway access and plenty of amenities, you can afford to be picky. For Meredith Harris, adhering to a vision is the driving force, and the efforts pay off in
Updated: April 29, 2024
2024 Power 100: John “Jack” Roche
Updated: April 29, 2024With about 1,600 local employees, The Hanover Insurance Group is one of the 20 largest employers in Central Massachusetts.
Updated: April 29, 2024
Worcester County gasoline prices increased by 18 cents in one week
April 22, 2024The average price of a gallon of gasoline in Worcester County jumped by 18 cents since April 15, mirroring a significant jump in the statewide average.
April 22, 2024
WPI professor and Ascend Elements co-founder to research new battery recycling tech for Boston firm
April 22, 2024A first-of-its kind lithium-metal battery recycling process may be on the horizon as SES AI will fund a two-year research initiative at Worcester Polytechnic Institute to develop the new technology.
April 22, 2024
Worcester earmarks $500K from Polar Park settlement for new diverse business grants
April 19, 2024The City of Worcester is now offering $5,000 grants to women and minority-owned businesses through its newly launched Diverse Business Certification Grant Program.
April 19, 2024
State tax collections up in first half of April, but Dept. of Revenue downplays significance
April 19, 2024Comparisons to April 2023 might not be helpful anyways. Last April, tax revenue came up $1.435 billion short of what was expected and turned what was shaping up as a surplus into a deficit.
April 19, 2024
Worcester Regional Transit Authority to extend free rides through June 2025
April 18, 2024Worcester area residents can look forward to yet another year of fare-free bus rides as the Worcester Regional Transit Authority board voted to extend the gratuitous service for the fifth consecutive year.
April 18, 2024
Worcester biopharmaceutical firm Mustang Bio to lay off 81% of staff
April 17, 2024Mustang Bio will reduce its workforce by approximately 81% following a vote by the board of directors, according to a regulatory filing.
April 17, 2024
Webster First CEO retiring after 37 years, to be succeed by VP
April 17, 2024Under Lussier’s watch, Webster First grew from $87 million in assets in 1987 to $1.4 billion in assets in 2024. In 1995, he helped the credit union transition from a state charter to a federal charter.
April 17, 2024
Main Street Bank names first-ever chief deposit officer
April 15, 2024Main Street Bank has a new member of its executive team, as the Marlborough-based bank has named David Felton as its executive vice president and chief deposit officer.
April 15, 2024
Preventing type 1 diabetes: UMass Chan researcher developing skin treatment, with potential broader applications to prevent diabetes
Updated: April 15, 2024Now professor and chair of the Department of Dermatology at UMass Chan, Harris has founded a vitiligo pharmaceutical company and is about to launch a 1,000-person vitiligo study.
Updated: April 15, 2024
Movers & Shakers for April 15, 2024
Updated: April 15, 2024People are moving up at Cornerstone Bank, the Marlborough Economic Development Council, and bankHometown.
Updated: April 15, 2024
Gov. Healey's proposed $1B life sciences reauthorization has Central Mass. leaders thinking big
Updated: April 15, 2024For the burgeoning life sciences hub that is Central Massachusetts, Governor Maura Healey’s $3.5-billion Mass Leads Act economic development proposal looks to add fuel to fires.
Updated: April 15, 2024
UMass Chan to open AI assurance lab to validate use of the technology in health care
April 12, 2024On Wednesday, UMass Chan announced the creation of the university’s Health AI Assurance Laboratory: a lab designed to evaluate processes and impacts of health AI technology to advance efforts for more accountable, unbiased, and efficacious patient
April 12, 2024
WPI launches the nation’s first fintech PhD program
April 11, 2024Worcester Polytechnic Institute has announced the establishment of the country’s first PhD program in financial technology (fintech). With the university already offering both bachelor's and master’s programs in the field, this newest degree means
April 11, 2024
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