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Greater Worcester
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Lifeward to close two U.S. facilities, lay off 15 employees
Mica Kanner-Mascolo November 4, 2024Lifeward will close two of its U.S. facilities in a consolidation effort expected to save the Marlborough-based firm $3 million in operating expenses.
Cornerstone Bank’s inaugural chief risk officer to retire
Mica Kanner-Mascolo November 4, 2024Two and a half years after assuming his role as senior vice president, chief risk officer at Cornerstone Bank, Michael Roy has announced his retirement from the Worcester-based institution come February.
Worcester startup raises $45M for ALS and schizophrenia treatment
Mica Kanner-Mascolo November 1, 2024Leal Therapeutics has secured yet another multi-million financing deal as the Worcester-based biotechnology startup has raised $45 million to advance its therapeutics for individuals with central nervous system disorders.
UMass Memorial partnership to deliver pediatric care for cleft palates, other craniofacial anomalies
Mica Kanner-Mascolo November 1, 2024In an effort to boost access to craniofacial care for children, Worcester healthcare provider UMass Memorial Health has teamed up with Fresh Start Surgical Gifts, a California-based medical nonprofit.
Steward's physician network changes name as purchase transaction is finalized
Colin A. Young I State House News Service November 1, 2024The sale of Steward Health Care's physician network to the Rural Healthcare Group has been finalized, the buyer announced Thursday along with a new name for the consolidated company: Revere Medical.
Mass. launches equity dashboard to support veteran employment
Sam Drysdale I State House News Service November 1, 2024State officials on Thursday announced the launch of a veterans' equity dashboard and promoted the availability of a $2,500 tax credit that small businesses can claim for hiring qualified veterans, ahead of National Veterans and Military Families…
Francis Carroll, longtime Worcester business leader and philanthropist, dies
Eric Casey October 31, 2024Francis Carroll, a longtime leader in the Worcester business and nonprofit communities and Korean War veteran, has passed away.
Servers rally against tipped wage initiative at State House as election nears
Alison Kuznitz October 31, 2024With less than a week until Election Day, about 16 restaurant workers gathered on the State House steps to urge Bay Staters to vote against Question 5, warning the measure would lead to job losses and reduced services, and fall short of proponents'…
State lawmakers discuss cannabis agency overhaul as regulators pass long-awaited delivery rule reforms
Eric Casey October 31, 2024As regulators were discussing removing the two-driver rule in Worcester, cannabis delivery operators were explaining the impact of the CCC’s three-year-long delay in removing the rule to lawmakers on Beacon Hill.
Report: Worcester County tourism generated $1.3B in 2023, ranking 5th in Mass.
Mica Kanner-Mascolo October 31, 2024Tourism in Worcester County accounted for some of the highest economic impact among Massachusetts' 14 counties in 2023, which combined accumulated $23.6 billion in spending statewide.
Today's Poll
More Americans have pets than ever before. As of 2024, 86.9 million homes, or 66% of U.S. households, owned a pet, up from 56% in 1988, according to Forbes. The vast majority of those households — 65.1 million — were homes to dogs. Still, 46.5 million households in the U.S. had a cat, making them the second-most popular pet in the country, followed by fish, birds, and then small animals like hamsters, gerbils, rabbits, and guinea pigs.
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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.
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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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