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Poor neighborhoods with diverse populations struggle to sustain economic development
Grant Welker Updated: May 24, 2021Downtown Fitchburg has struggled to attract new growth when so many people are following jobs to more prosperous areas or finding affordable areas elsewhere.
Movers & Shakers for May 24, 2021
Central Massachusetts professionals are taking new jobs and getting promoted at companies like Estate Preservation Law Offices, Avidia Bank, AdCare Hospital and Banjo Health.
Holy Cross, WPI, Clark join colleges requiring COVID vaccines for fall semester
Brad Kane May 21, 2021Students, faculty and staff wanting to participate in upcoming semesters must now be fully vaccinated against COVID-19 at Worcester schools the College of the Holy Cross, Clark University, and Worcester Polytechnic Institute.
Mass. unemployment rate dropped to 6.5% in April
Brad Kane May 21, 2021The unemployment rate in Massachusetts ticked down 0.2 percentage points to 6.5% in April, continuing the steady decline from the high rates since the state of the coronavirus pandemic.
Fitchburg manufacturer sells facility for $3.8M
Sam Bonacci May 18, 2021Fitchburg contract manufacturer Micron Solutions has sold its main manufacturing facility, with a leaseback, for $3.8 million amid a first quarter that saw increases in revenue and profits in comparison to the first quarter of 2020.
Precision Optics income boosted by PPP loan forgiveness
Sam Bonacci May 17, 2021Gardner optical equipment manufacturer Precision Optics reported a profit for the third quarter as a result of forgiveness of its federal Paycheck Protection Program loan.
Unemployment in city of Worcester hits lowest level since pandemic began
Brad Kane May 13, 2021The unemployment rate in the city of Worcester dropped a full percentage point from February to March, hitting its lowest level since the coronavirus pandemic began.
UMass Memorial rolls out new initiative aimed at reducing death in childbirth
Brad Kane May 12, 2021UMass Memorial Health of Worcester announced on Tuesday it helped create a new TeamBirth partnership with Wellesley insurer Harvard Pilgrim Health Care and Boston health center Ariadne Labs to launch a new initiative at the UMass hospitals in…
Survey: 42% of North County business still have declining revenues
Sam Bonacci May 12, 2021The results of a new spring survey of North Central Massachusetts businesses shows improvements for local businesses still dealing with the coronavirus pandemic, as well as lingering impacts.
A third of WBJ Power 50 have manufacturing ties
In Worcester Business Journal's annual list of the most influential people in the Central Massachusetts economy, the Power 50, one-third of those listed have ties to the manufacturing industry.
Today's Poll
On June 24, the Worcester City Council returned a largely positive appraisal of City Manager Eric Batista during his annual review. Councillors praised Batista for his fiscal management of the City and acknowledged his efforts to provide more shelter for unhoused individuals.
Still, members raised concerns over Batista’s handling of a U.S. Department of Justice report that found the Worcester Police Department used excessive force and his response to the U.S. Immigration and Customs Enforcement incident on Eureka Street on May 8.
In Worcester's form of city government, the appointed city manager is essentially the CEO of the City of Worcester while the elected mayor and city council are part time and help set policy.
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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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