Economy

Warning that a "silver tsunami" of Baby Boomer businessowners looking to sell in the next 15 to 20 years could lead to vanishing local small businesses, advocates asked lawmakers Thursday to provide incentives for employee ownership structures.

A federal judge had ordered the Trump Administration to stop its attempts to shutter Job Corps centers across the country, including in Grafton and Devens. 

Loewald’s departure comes after the CFO of the company resigned in May, after it reported a net loss of $12.4 million from fiscal 2024.

The House budget committee teed up cannabis legislation Tuesday morning, polling its members on legislation that would downsize the embattled Cannabis Control Commission and address industry pressure points ahead of a Wednesday formal session for the House.

After nearly three years as CFO of Lifeward, Michael Lawless will retire from his role at the Marlborough-based mobility device manufacturer in late June. 

The labor union for nearly 1,100 workers at UMass Memorial Medical Center has threatened to strike as the union is under contract negotiations with the Worcester hospital system on issues including compensation, staffing levels, and employee protection. 

A third-generation roofer based in Fitchburg, Cochran earned his MBA from Fitchburg State University and turned the family trade into a business with locations in Massachusetts, Florida, and Connecticut. He now hopes to pass the tradition on to his son, continuing the legacy into a fourth generation.

The Boulevard Diner now stands as Central Massachusetts’ sole independently-owned diner operating with any kind of 24-hour model.

Every 36 minutes a Massachusetts hospital worker faces either an act of violence or threat.

UMass Memorial Health has implemented a system-wide hiring pause on all non-clinical, non-patient-facing roles and shuttered two behavioral health clinics.