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Banking & Finance

  • Plans coming together for public higher ed investments

    Sam Drysdale | State House News Service May 16, 2023

    As the House and Senate prepare for budget negotiations to get underway in a few weeks, a coalition advocating for debt-free public higher education is making a final push for historic investments into the sector with the advent of newly available

    Sam Drysdale | State House News Service May 16, 2023
  • Home sales continue downturn in Worcester County, as Mass. prices fall

    Timothy Doyle May 16, 2023

    The number of single-family homes sold in Worcester County in April dropped nearly 31% compared with April 2022. Prices continue to climb slowly county-wide while prices statewide in April dropped for the first time since 2018, by 1.2%.

    Timothy Doyle May 16, 2023
  • Main Street Bank tabs Rollstone executive as new CFO

    Timothy Doyle May 16, 2023

    Marlborough-based Main Street Bank named former Rollstone Bank chief financial officer Christopher Seidlich as its new executive vice president and CFO.

    Timothy Doyle May 16, 2023
  • Q&A: Cold Harbor stays small in the beer market, and likes it

    Kevin Koczwara Updated: May 15, 2023

    Will Oliveira has done this largely on his own. He got financing through Hudson-based Avidia Bank and built the state-of-the-art facility the way he wanted.

    Kevin Koczwara Updated: May 15, 2023
  • 'Our loss is GFA's gain'

    Kevin Koczwara Updated: May 15, 2023

    As the third leader to take over GFA Federal Credit Union in three years, Mark Hettinger brings a track record of asset growth and technological innovation.

    Kevin Koczwara Updated: May 15, 2023
  • Braintree financial planners open branch in Westborough

    Kevin Koczwara May 4, 2023

    On April 27, Braintree-based Generations Retirement Group announced it opened its second location at 14000 Computer Drive, expanding the local company’s footprint to two locations and expanding the business into MetroWest. 

    Kevin Koczwara May 4, 2023
  • Framingham financial software firm acquired by Texas venture equity

    Timothy Doyle May 3, 2023

    Centage, a Framingham-based financial planning and analysis software company, was acquired by Scaleworks, a San-Antonio venture equity firm. Tech veteran Peter Messana will replace John Murdock as president & CEO.

    Timothy Doyle May 3, 2023
  • Lunenburg mobile home park sold for $1.9M to Maryland investor

    Timothy Doyle May 1, 2023

    The Meadow Woods Mobile Home Park in Lunenburg was purchased by a Maryland investor on Friday, according to the Worcester Northern District Registry of Deeds.

    Timothy Doyle May 1, 2023
  • 2023 Power 50: Carla McCall

    Updated: May 1, 2023

    Under McCall’s guidance, AAFCPAs is working toward a better future, or at least pushing its employees to think of their work as something beyond accounting.

    Updated: May 1, 2023
  • 2023 Power 50: Roy Nascimento

    Updated: May 1, 2023

    Helping to tie together the North Central Massachusetts business community from farmers to factory owners to the local hair salon is Roy Nascimento.

    Updated: May 1, 2023
  • 2023 Power 50: Edward Manzi, Jr.

    Updated: May 1, 2023

    Edward Manzi, Jr. has been leading Fidelity Bank since 1997 and has the distinction of being the longest-serving CEO at a Massachusetts community bank, helping to shape the Central Massachusetts business landscape.

    Updated: May 1, 2023
  • Every WBJ Power 50 ever, through 2023

    Updated: May 1, 2023

    Here’s all 264 professionals who has been named to a Power list & the year(s) they were listed.

    Updated: May 1, 2023
  • 2023 Power 50: John “Jack” Roche

    Updated: May 1, 2023

    The Hanover Insurance Group generates an estimated $749 million in annual value added across Massachusetts and employees an average of 1,837 people in Central Massachusetts from 2010 to 2020. All of this means John "Jack" Roche has a lot of

    Updated: May 1, 2023
  • Power 50: The most influential Central Mass. professionals in 2023

    Brad Kane Updated: May 1, 2023

    Business professionals from organizations of all types and sizes hold some amount of power, but how you shape the economy and community is when you are truly influential.

    Brad Kane Updated: May 1, 2023
  • 2023 Power 50: Mike O’Kronley

    Updated: May 1, 2023

    Under Mike O’Kronley’s leadership, Ascend closed $300 million in a funding round in 2022, and the company received more than $480 million grants from the U.S. Department of Energy, where O’Kronley participated in a press conference with President

    Updated: May 1, 2023
  • 2023 Power 50: Larissa Thurston

    Updated: May 1, 2023

    The core of the Central Massachusetts economy runs through small businesses, and those businesses need a place to get capital and loans. One of the most important institutions in the area providing the loans that small businesses need to succeed is

    Updated: May 1, 2023

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Today's Poll

Will the new lottery-based admissions systems for vocational-technical high schools make the economy better?
Choices
Poll Description

Massachusetts is implementing a new lottery admissions system for vocational-technical high schools, starting with the 2026-2027 school year. Proposed by the Healey Administration, the new lottery system is an attempt to expand access to voc-tech schools, giving schools with more applicants than seats the choice of either a weighted lottery, which takes aspects like attendance and discipline records into account, or a non-weighted lottery, which does not take academic performance or discipline issues into consideration.

Education Secretary Patrick Tutwiler and supporters of the lottery have defended the change to a lottery system, saying it will make admissions more equitable while the state works to expand access to voc-tech schools. The lottery system has been criticized by business groups and educational leaders, who have said lotteries will water down admission standards and disrupt the pathway of top students into high-demand trades.