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Worcester Business Journal has launched its annual survey of readers for the end-of-year Economic Forecast special edition, in order to gauge business leaders' outlooks on the Central Massachusetts community in the coming year.
Employees at Assumption University, Fidelity Bank, and Mirick O'Connell are advancing in their careers.
BJ’s Wholesale Club shoppers can soon expect to see an increase in their yearly billing statements as the Marlborough-based retailer plans on raising membership fees in the new year.
Marlborough-based BJ’s Wholesale Club has named Scott Schmadeke as executive vice president, chief operations officer, effective immediately.
The Harvest Cup, an annual cannabis-focused convention and product competition, is set to return to Worcester’s DCU Center on Saturday and Sunday, as a planned Saturday night afterparty featuring a member of the hip-hop group Wu-Tang Clan has led to…
Employees at companies including Cornerstone Bank, ERA Key Realty Services, and Flexcon Holdings Trust are advancing in their careers.
A months-long WBJ investigation shows how a dysfunctional agency hollowed out by turnover, bogged down by infighting, and plagued by a fuzzy leadership structure is impeding businesses in a struggling industry.
In its second effort in October to boost working capital, Northborough-based manufacturer Aspen Aerogels is seeking to raise $85 million by putting an additional 4.25 million shares of its stock on the market.
Two Central Massachusetts life sciences companies are expanding their presence in the state, committing to a total of 130 new jobs as part of a state tax incentive program designed to bolster the life sciences industry.
WBJ has an extensive physical photo archive from the days when businesses sent in black-and-white photos of their executives and new hires.
In an effort to increase the pace of new housing development in Massachusetts, Gov. Maura Healey has proposed streamlining the environmental review process for certain new housing projects, with the goal of reducing the time spent on the process from about one year to 30 days. Environmental reviews are a hallmark of community planning, to ensure new development doesn't negatively impact surrounding properties or natural resources, even though the process does add significant time and often cost to projects. Healey's proposal comes after Massachusetts fell behind the national average in new housing production, despite adding 90,000 new units since she became governor in 2023.
New England already averages the longest timeline in the nation to build a single-family home once the developer has been giving the authorization to move forward with construction, according to U.S. Census statistics compiled by the National Association of Home Builders. In 2023, single-family homes in New England averaged 13.9 months from permit to completion. The South Atlantic states have the lowest average of 8.9 months while the region that includes Texas, Oklahoma, Arkansas, and Louisiana is the second quickest at 9.4 months. The second-longest average after New England is the New York, New Jersey, and Pennsylvania region, which takes 13.2 months.
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SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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