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The City of Worcester's tax structure, which doesn't rely on income or sales tax to support the municipal budget, should shield it from the worst fiscal effects from the coronavirus pandemic, according to a study by the Brookings Institution.
DraftKings, the Boston-based fantasy sports and betting platform, will be traded on the Nasdaq starting Friday under the ticker symbol DKNG, the company said upon the completion of a three-firm deal agreed to late last year.
The Worcester Together fund, a joint effort between the Greater Worcester Community Foundation and the United Way of Central Massachusetts, in conjunction with the City of Worcester, has raised more than $5 million, the fund's organizers announced…
A mixed-use building on Worcester's Park Avenue has sold for nearly $2.6 million, more than double its assessed value.
Cases within Worcester County had a large uptake in coronavirus cases with 342 new cases Thursday. The total number of cases in Worcester County is now 3,798, according to Massachusetts Department of Public Health data.
In the midst of five straight weeks of surging unemployment claims, Gov. Charlie Baker asked the federal government for a $1.2 billion loan to help Massachusetts meet unprecedented needs and ensure that people do not suffer through payless paydays.
With some states over the peak and Massachusetts health officials hopeful that the state is prepared to get through the surge of COVID-19 infections, a lot of the discussion on Beacon Hill has turned to when and how to begin reopening the economy.
Five Central Mass. business owners will be honored during National Small Business week, as part of their receiving a number of Massachusetts small business owner of the year awards from the U.S. Small Business Administration.
Initial unemployment claims in Massachusetts remained at crisis levels last week but fell 22%, the third straight weekly drop. The unprecedented surge in claims has already forced the state to use most of its unemployment fund, which stood at more…
Efforts to limit COVID-19 in Massachusetts through a "test and trace" approach could require the state to boost its testing capacity from the current range 5,000 to 8,000 tests per day to 10,5000 to 17,000 tests daily, according to a new report.
While shifting cultural norms in the business community have found hiring managers outwardly working toward hiring a more diverse staff, studies in the last few years by organizations like McKinsey & Co. and Regent University found women and people of color are promoted less frequently than their white male counterparts. This produces a dynamic where company leadership at many organizations remains dominated by white males even as the company's employees become more diversified.
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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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