Banking & Finance

The account used to pay unemployment insurance benefits in Massachusetts is on track to run out of money by the end of 2027, according to a new forecast that could increase pressure on Beacon Hill to enact systemic changes before or during an election year.

Founded by Jordan El-Qasem, HaBBQ serves Texas-style BBQ infused with Middle Eastern spices.

The merger is expected to be completed by early 2026 and will result in a $1.15-billion entity. The newly-combined firm will serve more than 62,850 members with 8 branch locations.

Shortly after Webster Five promoted its CFO Brian Westerlind to president and CEO, the Auburn-based bank has named his successor.

Gov. Maura Healey on Thursday announced a $2.45 billion spending bill to close the state's books for fiscal year 2025, packing it with a number of outside sections related to federal policy and spending concerns. 

The Women’s Executive Academy is a joint effort by Nichols College and Worcester Business Journal designed to help female professionals achieve their career goals, with a particular focus on reaching executive positions, such as CEO, president, and executive director.

New platforms for easier boarding, upgraded drainage infrastructure to prevent flooding, and the completion of a rail trail are among the upgrades at Natick Center Commuter Rail Station following a $40 million overhaul.

Norton’s use of personal guaranties for business dealings potentially throws the future of key Downtown Worcester properties into question. 

Amid months of hand-wringing about the state's financial footing, Massachusetts ended the most recent budget cycle with tax collections that just about matched the official forecast for modest growth.

The hospital hopes to see its first patient at its expanded emergency department by November 2026.