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Saint Vincent, UMass Memorial had $291M in 2019 profit
Grant Welker October 6, 2020The coronavirus pandemic has been not only a health challenge to hospitals in Central Massachusetts and beyond, but also a financial one. Fortunately for the larger Central Massachusetts hospitals, they came into 2020 with healthy financials.
Vogue Plaza in Fitchburg sells for $1.2M
A Fitchburg retail plaza on Airport Road has sold for just over $1.2 million.
Littleton businessman pays $2M for Clinton post office site
A principal with Fiba Technologies of Littleton has paid $2 million for a post office site on the northern edge of downtown Clinton.
Leominster Credit Union names first female CEO
Grant Welker September 30, 2020Leominster Credit Union said Wednesday its president and CEO will retire at the end of November and be replaced by its chief operating officer, its first female to hold the top position.
Greater Worcester unemployment rate improves to 10.3%
Grant Welker September 30, 2020The unemployment rate in the Worcester area improved to 10.3% in August, down from 14.9% a month earlier, according to new data Wednesday from the U.S. Bureau of Labor Statistics.
In Worcester County, some neighborhoods were already facing decline
Grant Welker Updated: September 28, 2020While the economy was growing into the longest economic expansion in the nation’s history, most Worcester County neighborhoods missed out – not only failing to capture rising income and attracting new residents but even going backward in many cases.
Movers & Shakers for September 28, 2020
People are on the move at Blackstone Valley Education Hub, bankHometown, College of the Holy Cross and more.
Slavery’s lasting legacy on the Central Mass. economy
Devina Bhalla Updated: September 28, 2020The modern Massachusetts economy has been growing for 400 years, since settlers first landed in Plymouth in 1620. And for 245 of those 400 years – more than 60% – the Massachusetts economy was tied to the legal institution of slavery.
Fitchburg cafe, restaurant and Latinx convenience store loaned $55K
Monica Benevides September 21, 2020Three small businesses in downtown Fitchburg received loans totaling $55,000 from the North Central Massachusetts Development Corp., the development arm of the North Central Massachusetts Chamber of Commerce, the organization announced on Friday.
Little Leaf doubles hydroponic growing capacity in Devens
Monica Benevides September 18, 2020Little Leaf Farms in Devens has doubled its greenhouse growing capacity to 10 acres, allowing the hydroponic greens manufacturer to produce more than 2 million packages of lettuce each month, the company announced on Wednesday.
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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