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Banking & Finance

New Clinton gym receives $32K NCMDC loan

A Clinton fitness center has received a $32,000 loan from the North Central Massachusetts Development Corp. to cover some of its startup expenses.

U.S. Department of Education grants Mount Wachusett Community College $874K for students’ basic needs

As Mount Wachusett Community College is experiencing record-high enrollment numbers, the Gardner school has received nearly $1 million from the U.S. Department of Education to address basic needs within its student population.

After private equity buyout, fifth-generation leader exits L.S. Starrett Co. as new executive leadership team takes over

The Athol company will be led by someone outside the Starrett family for the first time in its 145-year-old history.

B.T.’s Fried Chicken and BBQ to close Sunday

Citing ongoing industry hardships, Worcester restaurant B.T.’s Fried Chicken and BBQ will close up shop permanently on Sunday.
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Nan’s Kitchen raises $1.2M in crowd-sourced expansion efforts

Nan’s Kitchen has raised $1.2 million to fuel expansion efforts after a customer-focused fundraising campaign.

Movers & Shakers for Feb. 24, 2025

Professionals at Fletcher Tilton, ERA Key Realty Services, and Clinton Savings Bank are taking on new opportunities in their careers.

UMass Chan roundtable: Trump’s NIH and Medicaid cuts will lead to company closures, job losses, and a reduction in quality of health care

Central Massachusetts community leaders, business owners, and patients are sounding alarm bells over the calamitous effects of the Trump Administration's proposed NIH and Medicaid funding.

WHA receives $23M from state for Lakeside Apartments redevelopment

The Worcester Housing Authority has received $22.5 million in state subsidies and tax credits to redevelop the Lakeside Apartments.
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Ocean State Job Lot scoops up former Big Lots location, purchases Webster plaza for $14.5M

Ocean State Job Lot appears set to open a store in Webster, following a $14.5-million purchase of a plaza, the site of a former Big Lots location.

Mass. regulators approve raise of insurance deductible limits

Regulators approved higher deductible limits for health plans in 2026, but stressed reforms are needed to tackle affordability concerns and ensure Bay Staters don't end up "self-rationing" care.
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