Banking & Finance

House Democrats will seek a vote this week on a major housing bill that combines $6.2 billion in borrowing and tax credits with policy reforms designed to spur much-needed production, such as easier development of small, supplementary housing units on single-family lots.

Webster First Federal Credit Union, based in Worcester, on Friday merged with a single-branch credit union based in Cambridge.

The move comes just under eight months after the Gardner-based firm voluntarily filed for bankruptcy, following a challenging year where the healthcare company’s former CEO was removed from leadership.

Quinsigamond Community College has been awarded a $51,968 grant from the Gov. Maura Healey Administration to develop a diversity, equity, and inclusion certificate program for local higher education faculty and staff.

In central and western Massachusetts, 53 municipalities had no transactions above the $1 million threshold in 2022. Under Healey's bill, only a handful of areas would raise major sums -- in the tens of millions of dollars -- for new affordable housing.

Employees at Bowditch & Dewey, Leominster Credit Union, and JNP Coffee are making upward moves.

A host of factors are putting a squeeze on primary care practices including rising paperwork demands, pay inequities, burnout, and insurer demands for prior approval. Federal regulators and legislators are pushing an increased role for telemedicine as one possible answer.

Young people appealed to lawmakers Monday to stop cuts to youth jobs programs and help more young people compete in the economy, making a pair of Senate Democrats their "primary targets" in lobbying ahead of this week's budget debate.

A long-term employee of J. Martin Landscaping in Westminster has secured $150,000 in financing to purchase the lawn care business portion of the landscaping enterprise. 

Worcester County business owners and residents who endured storm-related repair costs due to September flooding may now be eligible for disaster aid.