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Banking & Finance
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With enrollment at 10-year lows, Central Mass. public colleges see big things from free tuition plan
Updated: December 11, 2023Enrollment has hit a 10-year low at all five of the state universities and community colleges in Central Massachusetts, with a considerable drop between fiscal 2020 and fiscal 2023.
Updated: December 11, 2023
Economist: WooSox likely sold for $50-$70M
December 7, 2023The team has declined to give a purchase price on the sale to Diamond Baseball Holdings, but at the request of WBJ, a Holy Cross professor has estimated the team's valuation based on revenues, market size, and the new stadium.
December 7, 2023
Tax collections tumble in November as state spending climbs
December 6, 2023Beacon Hill's growing financial headache got worse Tuesday when the Healey administration reported that tax collections tumbled in November, putting the state's revenue picture about $627 million below the projection for this point in the year.
December 6, 2023
Boston Globe: Worcester Red Sox sold to NYC corporation
November 30, 2023Diamond Baseball Holdings, a corporation that owns more than 20 minor league baseball teams across the United States, has reached an agreement to purchase the Worcester Red Sox, according to reporting by the Boston Globe
November 30, 2023
Democrats announce state spending bill deal reached
November 30, 2023House and Senate Democrats said Thursday they agreed to a deal on a long-overdue spending bill after their weeks of inaction fueled a political maelstrom.
November 30, 2023
North Central Mass. chamber to launch low-cost fund for real estate development
November 29, 2023The North Central Massachusetts Development Corp. is creating new funding opportunities for real estate developers.
November 29, 2023
Report says business owners of color are facing brunt of financing shortfalls
November 29, 2023Small businesses grappled with a greater rate of financing shortfalls last year compared to before the onset of the pandemic, but the lack of funding was more acutely observed among minority-owned businesses and particularly Black-owned businesses,
November 29, 2023
Take WBJ's 2024 Economic Forecast survey
November 28, 2023Worcester Business Journal has launched the annual survey of its readers for the end-of-year Economic Forecast special edition, in order to ascertain business leaders' outlooks on the Central Massachusetts economy in the coming year.
November 28, 2023
State lawmakers return for another day of meetings as budget debate lingers on
November 28, 2023Lawmakers did deviate from their plans for the week to meet only on Monday and Thursday, adding a Wednesday session.
November 28, 2023
Dean College hires Lesley University executive as new CFO
November 27, 2023Following the retirement of longtime CFO Kathleen McGuire, Dean College has named Thomas Pistorino as the school’s new chief financial officer and treasurer.
November 27, 2023
Hanover Insurance names new division president
November 27, 2023Stephen Marohn has been named president of specialty property and casualty for the Hanover Insurance Group in Worcester. He will lead several groups at the insurance company, including excess and surplus business, specialty industrial business, and
November 27, 2023
Beacon Hill budget battle drags on, most overdue closeout since 1995
November 27, 2023With no end in sight to the staring contest over what strings to attach to emergency shelter funding, the Legislature now appears on track for the most overdue closeout budget in nearly three decades.
November 27, 2023
Movers & Shakers for Nov. 27, 2023
Updated: November 27, 2023People are on the move at Sundin Marketing, North Brookfield Savings Bank, and Clinton Savings Bank.
Updated: November 27, 2023
WBJ names inaugural winners of Champions of Health Care awards
Updated: November 27, 2023Nearly two decades have passed since WBJ created an awards specifically for healthcare professionals. Today, though, such an honor feels more important than ever.
Updated: November 27, 2023
Champions of Health Care: Green ends career on a high note at Kennedy Community Health Center
Updated: November 27, 2023Paula Green has led advancement at Edward M. Kennedy Community Health Center for more than a decade. The growth of its healthcare services is itself a sparkling accolade.
Updated: November 27, 2023
Champions of Health Care: Hutt strengthens providers’ financials in the shift to preventative care
Updated: November 27, 2023Healthcare providers, especially smaller ones, have difficulty thinking about long-term financial planning and navigating complex payment structures. That’s where Matthew Hutt and his team of tax professionals step in.
Updated: November 27, 2023
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