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Banking & Finance

Heywood seeks to exit bankruptcy

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.

QCC receives state funding for DEI certificate program aimed at higher ed workers

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.

Legislators push for broader housing transaction tax plan

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.

Movers & Shakers for May 27, 2024

Employees at Bowditch & Dewey, Leominster Credit Union, and JNP Coffee are making upward moves.
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🔒Of primary concern: The crises in the healthcare industry are hitting primary care doctors hard, as policymakers work to bring multiple fixes to fruition

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 activists urge Senate Democrats to halt funding cuts to youth job programs

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.

Westminster landscaping employee to buy portion of business with $150K NCMDC loan

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. 

President Biden authorizes disaster aid to Worcester County for September storm damage

Worcester County business owners and residents who endured storm-related repair costs due to September flooding may now be eligible for disaster aid.
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Veterans Inc. receives $356K in funding for suicide prevention initiatives

Veterans Inc., a Worcester-based nonprofit, has been awarded one of the largest cuts of $2 million in grant funding to 15 community organizations promoting suicide prevention among the Massachusetts veteran and servicemember community.   

Marlborough battery firm backed by Bill Gates files for bankruptcy

Ambri was founded in 2010 in Cambridge with seed money provided by Bill Gates.
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