Brad Kane

Brad Kane is the Editor for Worcester Business Journal. Kane came to Worcester from its sister publication Hartford Business Journal, where he most recently served as managing editor. Kane talked his way onto HBJ’s staff in May 2010, previously working as a Boston Globe correspondent and a staff writer for the Patriot Ledger in Quincy. In another journalism life, he covered local politics in northern Ohio and southwest Florida. Kane has been honored for his work by the Alliance of Area Business Publications, the Florida Press Club, Ohio Associated Press and the National Society of Professional Journalists. He graduated from The Ohio State University, with an honor’s degree in journalism. He lives a calm, sleep-filled life in Wilbraham, Mass. with his wife, five young children and Texas heeler. In his 42 minutes of weekly free time, Kane runs the sidewalks, streets and trails of Western Massachusetts.

News

🔒Don’t blame the extra $300 unemployment

In less than a year, employers went from holding hands with their employees saying, “We’re all in this together,” even as companies were laying off their workers begging them to understand, to now employers saying, “People are just lazy and entitled.”

News

🔒In the year since George Floyd’s murder

The aftermath of the Minneapolis police murder of George Floyd, an unarmed Black man, on May 25, 2020, brought pledges from Central Massachusetts business leaders to work to address institutional racism in society, as well as examine their own cultures relative to diversity, equity, and inclusion.

Banking & Finance

🔒Q&A: Devens fusion firm strives to achieve $1B world-altering breakthrough

Over the next year and a half, Commonwealth Fusion Systems is building a $300-million, 47-acre headquarters in Devens, in its $1-billion, long-term effort to make fusion the default energy source on Earth

Real Estate

New $16M Shrewsbury housing development proposed for former Beal school

Two developers from Medway and Boston are proposing to build a Beal Commons mixed-use development with up to 65 apartments and 20,000 square feet of commercial space at the site of the former Beal Early Childhood Center in Shrewsbury.

Education

Holy Cross, WPI, Clark join colleges requiring COVID vaccines for fall semester

Students, 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.

Economy

Mass. unemployment rate dropped to 6.5% in April

The 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.

Government & Politics

WRTA to offer free fares for rest of the year

The board of the Worcester Regional Transit Authority public transportation system voted on Thursday morning to extend its fare-free system through Jan. 1.

Banking & Finance

Saint Vincent parent company seeks to raise $1.4B to cover expenses

Tenet Healthcare Corp., the parent company of the Worcester facility Saint Vincent Hospital where nurses are engaged in a long-running strike to lower patient staffing ratios, announced it is raising $1.4 billion from investors.

Health Care

Waters Corp. founder dies at age 95

James Waters, a Framingham resident and the founder of the $19-billion Milford laboratory equipment manufacturer Waters Corp., died on Monday at age 95, the company announced on Wednesday.

Banking & Finance

Fallon profits $19M in first quarter, as it leaves commercial business

As Worcester insurer Fallon Health is following through on its plan to leave the commercial insurance market, the nonprofit organization had $18.7 million in net income for the first quarter, far outpacing the $2.3 million it made in the first quarter 2020.

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