Banking & Finance

Congress enacted the Opportunity Zone program three years ago to provide tax incentives for investment in low-income communities. But will investors seize the opportunity?

More than half dozen economists interviewed by WBJ said the cost overruns will make Polar Park far less likely to come close to paying for itself after it opens in 2021.

Three months after Synergy Investments paid $16.5 million for the 24-story Worcester Plaza, the glass office tower in the downtown, the Boston developer is looking at other properties in the city.

Three long-term employees of the IC Federal Credit Union have been promoted to its executive team, according to Anthony Emerson, president and CEO of the Fitchburg-based lender.

The abandoned Edgemere Drive-In on Route 20 in Shrewsbury is set to become a $45-million mixed-use project. The Shrewsbury Planning Board approved Edgemere Crossing at Flint Pond on the 68-acre site. It includes a Market Basket and 250 apartments.

Kopin Corp., a Westborough manufacturing firm, is proposing a reverse stock split as its shares continue trading at less than $1 per share.

HOPE WEAVER is the new marketing and creative services coordinator for the Worcester Railers. She joins the...

The total public spending on all four Canal District projects directly related to the August 2018 announcement by the Pawtucket Red Sox to relocate to Worcester has increased to $189 million.

Westborough set to welcome Cornerstone Bank's new loan center on Lyman Street next month.

Pier 1 Imports, the imported home furnishings retailer said up to 450 of its 942 stores are under consideration for closure, but it did not name specific locations. The Texas–based company operates Central Massachusetts stores in Bellingham, Framingham, Leominster, and Shrewsbury.