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The TJX Cos. saw $1.2 billion in profits for the third quarter of fiscal 2024, as the company added 50 store locations to its portfolio during the same time period.
The City of Marlborough has filed a lawsuit against CapGemini America for unpaid property taxes related to its former offices at 45 Bartlett St.
Wood Partners, a national multifamily real estate firm based in Georgia, has announced the beginning of construction on Alta French Hill, a 276-unit upscale apartment community in Marlborough.
Natick weight loss company Allurion Technologies reported a 40% sequential revenue growth in the third quarter, the first quarter in which the company has been publicly traded on the New York Stock Exchange, despite stock price declining in the…
Framingham genetic medicine firm Variantyx has launched a new genome-based test for chromosomal abnormalities.
An office building located on Route 9 in Westborough has been sold for $4.45 million to a Florida-based car-dealership mogul.
Following a $2.1-million loss in the third quarter, Acton drug testing firm Psychemedics said on Thursday it is in the midst of a restructuring.
Marlborough biopharma firm Phio Pharmaceuticals has enrolled its first patient in a clinical trial, entering the next phase of its strategic plan to move into the clinical development space.
Workers Credit Union in Littleton has named Bob Leger its new CFO and treasurer. Leger held the role in interim before his appointment.
After a ballot initiative to legalize medical marijuana was approved by Massachusetts voters in the 2012 election, finding a bank that was willing to provide services to a cannabis business was a bit like trying to buy marijuana before it was legal.
In an effort to increase the pace of new housing development in Massachusetts, Gov. Maura Healey has proposed streamlining the environmental review process for certain new housing projects, with the goal of reducing the time spent on the process from about one year to 30 days. Environmental reviews are a hallmark of community planning, to ensure new development doesn't negatively impact surrounding properties or natural resources, even though the process does add significant time and often cost to projects. Healey's proposal comes after Massachusetts fell behind the national average in new housing production, despite adding 90,000 new units since she became governor in 2023.
New England already averages the longest timeline in the nation to build a single-family home once the developer has been giving the authorization to move forward with construction, according to U.S. Census statistics compiled by the National Association of Home Builders. In 2023, single-family homes in New England averaged 13.9 months from permit to completion. The South Atlantic states have the lowest average of 8.9 months while the region that includes Texas, Oklahoma, Arkansas, and Louisiana is the second quickest at 9.4 months. The second-longest average after New England is the New York, New Jersey, and Pennsylvania region, which takes 13.2 months.
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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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