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Mass. Bankers Association tabs Maryland executive as new CEO
Monica Benevides July 17, 2020Kathleen Murphy, president and CEO of the Maryland Bankers Association, has been named incoming president and CEO of the Massachusetts Bankers Association, the organization announced on Friday.
Home sale closings in Worcester plummeted 40% in June
Monica Benevides July 17, 2020Closings on single-family properties in Worcester were down 38.8% in June of this year, compared to June 2019, according to a report from Massachusetts Association of Realtors.
Coronavirus cases in Worcester County remained relatively low in the last week
Riley Garand July 17, 2020Worcester County reported 155 new coronavirus cases between July 10 and Thursday, with 14 new fatalities, according to the Massachusetts Department of Public Health.
Unum leaving downtown Worcester, having 400 employees work from home
Monica Benevides July 16, 2020Insurance company Unum, headquartered in Chattanooga, Tenn., will close its Worcester office at CitySquare and direct its 400 employees to permanently work from home, the company announced on Thursday.
Pandemic carves hole in state’s cultural sector
State House News Service July 16, 2020The arts and culture sector, a major piece of the Massachusetts economy, will need hundreds of millions of dollars and multiple years to recover from the impacts of the COVID-19 crisis, according to testimony delivered to state senators on Wednesday.
Mass. unemployment claims drop 13%
Riley Garand July 16, 2020Unemployment claims filed since the beginning of the coronavirus pandemic have increased to 1,117,040 in Massachusetts, according to the U.S Department of Labor data released Thursday.
Pandemic changing college plans for some more than others
State House News Service July 16, 2020The number of high school students planning to attend college has remained largely unchanged by the COVID-19 pandemic, according to MassINC polling data.
Neal offers latest on slow walk toward stimulus
State House News Service July 16, 2020U.S. Rep. Richard Neal said Wednesday he was confident Congress would agree to a stimulus package before the end of the month that would extend enhanced unemployment insurance benefits for workers who lost their jobs due to the pandemic.
Black Lives Matter mural in Worcester is complete
Monica Benevides July 16, 2020A Black Lives Matter street mural planned near the intersection of Martin Luther King Jr. Boulevard and Major Taylor Boulevard in downtown Worcester was completed on Wednesday.
Services sector accounted for 15% of PPP loans in Central Mass.
Grant Welker July 16, 2020The Central Massachusetts services sector, a broad industry ranging from lawyers to graphic design, brought in more federal Paycheck Protection Program loans related to the coronavirus pandemic than any other, according to federal data.
Today's Poll
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.
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Worcester 300, City of Innovators
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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Get the Daily Report
Stay 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.
-
Subscribe
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 300, City of Innovators
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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