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Banking & Finance

Milford Regional annual gala breaks fundraising record

The Milford Regional Healthcare Foundation has raised $1.3 million for hospital renovations through its annual Mélange Gala and Live Auction, setting a record for the event’s 20-year history.

Interest-rate relief leads to rise in Central Mass. home sales, as median price tops $400K in Fitchburg

With the October sales increase, Massachusetts is now on track to slightly eclipse the total sales seen in 2023.

Boston Scientific completes $3.7B purchase of California bowel dysfunction company

Boston Scientific, a Marlborough medical device manufacturer, has officially closed its acquisition of Axonics Inc. after entering into a purchase agreement in January. 

Assumption University names former WPI controller as new chief financial officer

Assumption University in Worcester has appointed E. Jane Clapp as its new vice president for finance and administration and chief financial officer.
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Mass. launches tax incentive for businesses hiring National Guard members

Massachusetts businesses hiring members of the National Guard will now receive a $2,000 tax credit as part of the state’s initiative to expand economic opportunities for those serving in the military. 

Framingham-based biopharma company announces merger agreement with San Diego firm

The merger would see the combined company operating under the Cullgen name and headquartered in San Diego.

Movers & Shakers for Nov. 11, 2024

Employees at companies including Cornerstone Bank, ERA Key Realty Services, and Flexcon Holdings Trust are advancing in their careers.

🔒Opening doors: To provide more educational and career opportunities to underserved populations, Central Mass. colleges are enhancing financial aid

The College of the Holy Cross in Worcester increased its full-tuition grants to students whose families make $100,000 a year or less.
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🔒Continued flexibility: To attract top talent, Central Mass. employers still are in a workers’ market

Four and a half years after the COVID-19 pandemic altered the configuration of the U.S. workforce, Central Massachusetts employers are still navigating the reverberations of a landscape that changed overnight.

WPI granted $900K from U.S. Department of Education to boost diversity among biology researchers

Worcester Polytechnic Institute has received a nearly $1-million grant from the U.S. Department of Education to finance fellowships for graduate students studying to become researchers and educators in cell and molecular biology.
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