Banking & Finance

An industrial building at 154 Pioneer Drive in Leominster was sold on Friday to an entity affiliated with US Chemical Solutions LLC of Wyoming for $4.5 million.

People are on the move at UMass Memorial Health, Bay State Savings Bank, and more.

Months after Heywood Healthcare, one of the few Central Massachusetts independent community healthcare systems, entered formal non-binding discussions to affiliate with UMass Memorial Health of Worcester, the merger has been called off.

The minimum wage for workers in Massachusetts will hit a new high on Sunday, when it rises to $15 an hour and $6.75 per hour for tipped service workers, provided their tips bring them up to at least $15 per hour. 

The Jane Fund of Central Massachusetts, a Holden-based abortion fund, is among 11 community-based organizations across the commonwealth selected to split $4.1 million in state funding to improve reproductive healthcare, including access to abortion. 

More than a third of WBJ readers believe the Central Massachusetts economy will decline in 2023.

Daniel Yarnie, co-owner of Northborough real estate development company Polar Views, LLC, purchased a former Cornerstone Bank branch in Oxford for $750,000.

Declaring that the largest offshore wind farm in the state's pipeline cannot be financed and built under existing contracts, Commonwealth Wind on Friday asked Massachusetts regulators to scrap the agreements the company reached with utilities and reopen a new round of bidding.

After weeks of sounding the alarm about the downsides of interest rate hikes, U.S. Sen. Elizabeth Warren thinks the more modest approach the Federal Reserve took with its latest increase is still pushing the envelope too far, too fast.

Massachusetts employers added 17,300 jobs in November, labor officials announced Friday, putting the state within striking distance of returning to a pre-pandemic level of employment.