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Banking & Finance

Workers Credit Union hires new chief information officer to integrate AI into products

Workers Credit Union has named Sandesh Parulekar as the Littleton-based institution’s new chief information officer.

ZehnTek acquires Maynard technology company

Westborough-based IT solutions provider ZehnTek has acquired fellow cloud strategy firm BossNine Technologies, headquartered in Maynard, whose founder will assume the role of CEO of the conglomerate.

Former director at Sturbridge nonprofit sentenced to two years for $366K embezzlement

A former director at Venture Community Services has been sentenced to two years in prison for embezzling approximately $366,477.

Boston Scientific to acquire Israel hypertension tech firm for up to $540M

Marlborough medical device manufacturer Boston Scientific has entered into a purchase agreement worth up to half a billion dollars to acquire SoniVie, an Israel-headquartered medical device company with a focus on hypertensive disorders.
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Clark professor granted $780K for bilingual education study at Worcester schools

A professor at Clark University in Worcester received a $780,000 grant from the U.S. National Science Foundation to study language practices in multilingual and multicultural students at Worcester Public Schools.

Webster Five promotes chief information officer to COO, as bank prepares for CEO retirement

Webster Five will have a new chief operating officer, as the Auburn-based bank has promoted employee Kate Gallo Megraw, effective Monday.

Worcester County gas prices remain unchanged for the past month

Worcester County gas prices have hit a steady stride in 2025, with regular gas prices remaining virtually unchanged for the past month.

TJX grows worldwide presence to 5,000+ stores; annual revenues surpass $56B

TJX had a net gain of 131 locations in fiscal 2025, bringing its total number of retail stores to 5,085 across the U.S., Canada, Europe, and Australia.
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Gardner-based paper manufacturer acquires German firm

Seaman Paper Co. has acquired a fellow family-owned paper firm based in Germany.

Health Foundation of Central Mass. launches medically-tailored food delivery program

The Health Foundation of Central Massachusetts in Worcester has committed nearly half a million dollars to addressing chronic illness and food insecurity in the region, partnering with Community Servings, a Jamaica Plain-based nonprofit, to create a novel grocery-delivery program.
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