Banking & Finance

For communities that have welcomed recreational sales, this newly created industry and the sales associated with it have been a boon for their municipal budgets.

After a 16-year tenure with Worcester-based Cornerstone Bank, Randal Webber has announced his plans to retire as president in early 2026.

Workers Credit Union has named its inaugural chief commercial banking officer, promoting Deb Larsen to the Littleton-based company’s new C-suite position.

ConnectM Technology Solutions, a Marlborough-based green energy technology firm, received a delisting notice for failure to meet the $50-million market value required of listed securities, according to a Wednesday press release from the company. 

UMass Chan Medical School in Worcester is implementing immediate and upcoming cuts to hiring, spending, and employment.

State government leaders in Massachusetts are trying to instigate a building boom to address a housing shortage marked by high rents and sale prices, but a top housing official is now warning that headwinds from Washington could threaten their efforts.

The $5 million raised is a milestone toward the overall goal of $6.5 million. These funds will allow the nonprofit to expand from its current 2,480-square-foot shelter into a 8,200-square-foot modern shelter.

The Cannabis Control Commission is asking lawmakers to fund its work at $30.8 million in fiscal year 2026.

Employees at Vision Advertising, Thrive Support & Advocacy, and Main Street Bank are advancing in their careers.

It was once common business wisdom that you had to be in a major U.S. city to successfully attract venture capital for a startup. Not anymore, according to key figures in Worcester's entrepreneurial scene.