Banking & Finance

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.

In Central Massachusetts, the confidence banking executives have in the brick-and-mortar model is unwavering.

Dell still has a presence in Hopkinton, owning three properties which feature about 1.28 million square feet of office space. However, since the 2015 merger announcement, the company has off-loaded more than 1.2 million square feet.

These private donations may soon become significantly more important as the federal government is weighing funding cuts to health research.

BJ’s saw a 90% membership renewal rate in the fiscal year ending on Feb. 1 after implementing a membership price increase at the beginning of 2025.