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June 24, 2024Edition

🔒Q&A: Worcester medical spa works to preserve natural beauty

Kasia Dodman’s life has been a series of unexpected twists and turns. An immigrant from Poland, Dodman had no family in the U.S., no money, and could not speak a word of English when she first moved to Worcester.

🔒A Thousand Words: Central Mass. business confidence rising

Central Massachusetts business leaders are mildly optimistic as to where the economy has gone and is going in 2024. According to results from WBJ's Midyear Economic Survey, 64% of respondents said the local economy would improve either significantly or slightly in 2024.

🔒Editorial: Maintain a pragmatic approach to Chinese companies

In U.S. election years, little on the political front seems to be subtle or nuanced. Complex policy proposals can easily get whittled down to single sound bites, as partisans cast fear when attacking the other side’s position. However, there seems to be one issue where of late both sides of the aisle seem to be on the same page: China=bad.

🔒Viewpoint: Good news about local news

Yes, newspapers, the institutions we generally think of when considering the state of media, have seen more than their share of declines. However, most of us who care about local news and for a generation have been longing for what was, we are missing what's taking place right in front of us.
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Movers & Shakers for June 24, 2024

Employees at Glickman Kovago & Jacobs, Fidelity Bank, and Walker Development & Construction Management are on the move.

🔒Strategies for small businesses to navigate the current economy

So, how can business owners meet their revenue expectations as we head into the second half of 2024?

🔒101: How to engage younger employees

Companies are seeing a transformation in their workforces as Gen Z and Millennials join the ranks Baby Boomers once held. Since each generation has different characteristics, managers are using a myriad of tactics to attract younger professionals.

🔒10 Things I know about … Compliance risk

Janelle Drolet, vice president of operations and sales for Towerwall cybersecurity consulting firm in Framingham, offers some advice regarding compliance risk.
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🔒Providing a safe space: As anti-LGBTQ+ sentiment rises, local bar owners see their businesses as places of comfort and acceptance

Anti-LGBTQ+ sentiment is on the rise nationally. Despite being known as a leading state for LGBTQ+ rights, that sentiment has trickled down to Massachusetts.

🔒Keeping nurses in the field: Amid rising burnout, UMass Memorial’s first-year registered nurse program works to keep high retention rates

To help prepare new nurses for the reality of the profession and combat the growing problem of burnout, UMass Memorial Medical Center in Worcester offers its New Graduate Nurse Residency Program, which over the course of 12 months seeks to center education, community, and support for those entering the field.

🔒Not feeling the vibecession: Economists see a somewhat stable Central Mass. headed in the right direction

Cautious optimism. These two words are perhaps the most succinct way to summarize how some of the region’s economists and business figures feel about the state of the Central Massachusetts economy.

🔒Modest optimism: In WBJ’s annual survey, business leaders largely are feeling good about 2024

Compared to WBJ’s year-end Economic Forecast survey published in December, Central Massachusetts business leaders aren’t quite as optimistic as they were six months ago.
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🔒Developing equity: New $50M fund seeks to address housing crisis and lack of diversity

MassHousing and the Massachusetts Housing Investment Corp have teamed up to launch what they say is the largest publicly led financing program of its kind in the country.

🔒From the Editor: Looking beyond the economic forecast

Economic projections and forecasts are a funny exercise. Trying to predict how the economy will look in the future is certainly a worthy effort, and many professionals’ lives are centered around figuring out what comes next for business and industry.

Table Talk Pies sold to Minnesota bakery business backed by private equity firm

Rise Bakery Co. is part of the portfolio of Olympus Partners, a private equity firm founded in 1988 and based in Stamford, Connecticut.
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