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Berkshire Hills Bank president, CEO and Director Richard Marotta has stepped down from his roles, the Boston bank’s parent company, Berkshire Hills Bancorp, Inc., announced on Monday, giving no explanation for his sudden departure.
With Congressional talks hung up and the nation struggling through the COVID-19 crisis, Trump on Saturday signed executive orders dealing with protections for renters, payroll taxes, college loans and enhanced unemployment benefits that he said…
Pints of cherry tomatoes grown in Beverly, hundreds of pounds of salmon and haddock from a Boston pier, jars of curries and chutneys prepared by a Newton retailer, and communications support for local farms and fisheries are among the kaleidoscope…
Housing authorities in Central Massachusetts, which are charged with overseeing affordable housing, have taken in nearly $2 million in federal funds to help lower-income residents stay in their homes despite the economic upheaval related to the…
The recession has erased roughly 24 years of job growth in the Worcester area. Some neighborhoods, particularly in Worcester and Fitchburg have been hit especially hard, with unemployment rates estimated at 30% or more.
The senior business lending office for Webster Five bank joins The Weekly Business Report to discuss the bank's backing of the Broadway Hospitality Group's two-story, rooftop restaurant.
Rye & Thyme, an upscale comfort food restaurant stationed in the heart of Leominster’s downtown, will not reopen following a closure began in March due to the coronavirus, Niche Hospitality Group of Worcester announced. Instead, it will be…
College of the Holy Cross in Worcester has changed its plans for the fall semester, electing to go online-only and allow a very limited number of students to live on campus, the school's president said in a letter to the campus community Monday.
Worcester County's death toll from the coronavirus pandemic has reached a morbid milestone: 1,000 deaths.
Galaxy Life Sciences, a sister company to the developer of the Trolley Yard retail complex in Worcester, on Friday evening announced plans to spend at least $50 million to develop a biomanufacturing facility at the 46-acre Worcester life sciences…
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.
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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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