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Surviving the Valley of Death: Worcester’s oldest incubator has brought on an in-house investment firm for the first time in 30 years
Laura Finaldi June 12, 2025Startups have navigated the perilous Valley of Death period with varying levels of success. Conifer Life Sciences Group at MBI is trying to change that.
An assembly line of homes: Worcester firm sees factory-built apartment units as a potential gamechanger for region’s housing crunch
Eric Casey Updated: June 16, 2025A factory on Southbridge Street could be key in unlocking a faster and more cost-effective way to fight the housing crisis: modular construction.
A $250M gap in the safety net: Central Mass. hospitals fight for their financial lives as state's Health Safety Net reaches historic deficit
Mica Kanner-Mascolo Updated: June 16, 2025The state’s HSN is operating at an estimated $250 million deficit for fiscal 2025, dumping the burden of payment directly onto the state’s health centers and hospitals.
Franklin nursing facility owner cited $1.1M for unpaid wages
Mica Kanner-Mascolo June 11, 2025The owner of Alpha Healthcare, a Swansea-based skilled nursing facility with a location in Franklin, has been cited about $1.1 million for penalties and unpaid wages to hundreds of employees.
Millionaires tax could generate up to $3B in fiscal 2025
Colin A. Young | State House News Service June 11, 2025The Department of Revenue reported last month that the state had collected just less than $2.6 billion from the 4% surtax between July 1, 2024 and April 30, 2025, surpassing the $2.46 billion that the surtax generated in fiscal 2024 in just 10…
Bill would require public construction projects worth $1M+ to include apprentices
Sam Drysdale | State House News Service June 11, 2025Within six months of its passage, 5% of all hours building public construction projects will have to be done by apprentices. After one year, 10%, and after two years, 15%.
Following investigations, CEO departs from Hospital for Behavioral Medicine
Mica Kanner-Mascolo June 10, 2025After just over a year on the job, Evelyn Alsup, CEO of Hospital for Behavioral Medicine in Worcester, is no longer in the position.
Middlesex Savings Charitable Foundation donates $250,000 to local organizations
Lucy Coran June 10, 2025Middlesex Savings Charitable Foundation, the charity arm of Natick-based Middlesex Savings Bank, marked its 25th anniversary by awarding $5,000 grants to 50 nonprofits.
Parent company of Jack’s Abby, Wormtown led Central Mass. beer production in 2024
Eric Casey June 10, 2025In addition to considering mergers, local beer firms have begun to explore expanding their offerings to stay competitive.
Mass. business confidence grew in May, rebounding from record-low U.S. economic outlook
Mica Kanner-Mascolo June 10, 2025After three months of steady decline, business confidence in Massachusetts began to recuperate in May, yet stayed in pessimistic territory for the fourth consecutive month.
Today's Poll
On July 4, President Donald Trump signed into law massive new legislation designed to enact his agenda. The nearly 900-page package includes provisions such as $4.5 trillion in tax cuts, increased funding for immigration enforcement, and a $1-trillion reduction in Medicaid spending, while increasing the country’s debt limit by $5 trillion.
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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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