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NESN broadcasters have become household names in New England. But the network’s Worcester-born former president and CEO Sean McGrail has quietly been key to the network’s success, according to two of the region’s most powerful sports executives.
Alan Seiffert has been named president and CEO of the Worcester Center for Performing Arts, the nonprofit behind The Hanover Theatre & Conservatory for the Performing Arts in Worcester.
As Worcester’s only public university that grants bachelor’s and master’s degrees, we know how life changing a four-year degree can be, writes Worcester State University President Barry Maloney.
There are major changes as well as new laws that now affect business owners that they never had in the past.
This is the second part in a two-part advice series on businesses’ relationship to water. Part one appeared originally in the Nov. 25 edition.
Mergers and acquisitions can be a mixed bag of emotions and strategies depending on which side you are on.
Commercial property owners in Worcester pay a higher tax rate than those in any other Central Massachusetts city or town. The rate of $30.04 per $1,000 of assessed property value is the only one in the region higher than $30. Worcester’s commercial tax rate is even higher than Boston’s $25.27 rate.
Most general media coverage of nonprofits, particularly human services nonprofits, tends to focus on their missions, the need for their services, and the community good they achieve. This type of coverage is important, as it raises a nonprofit’s profile. However, through the business-focused lens of WBJ’s coverage, we are more concerned with how they accomplish their missions.
Massachusetts is in the midst of a tax amnesty running from Nov. 1 to Dec. 30. Tax amnesties don’t come around often and don’t last long.
Employees at Milford Regional Physician Group, bankHometown, and Vision Advertising are moving up in their careers.
Just before President Donald Trump’s inauguration, the Gov. Maura Healey administration struck a deal to pay the federal government $2.1 billion for an error made under her predecessor, in which COVID pandemic funds were improperly used to cover some unemployment benefits. Even without this extra burden, the Massachusetts unemployment insurance fund was set to be insolvent by late 2027 due to more structural problems, as well as typically having the best unemployment benefits in the country. The unemployment insurance fund is typically paid for by taxes and fees on employers, although with the extra $2.1 billion from Healey's deal, business associations are asking the state to consider using some of its $8.83 billion Commonwealth Stabilization Fund, colloquially known as the Rainy Day Fund, to stabilize the unemployment system and minimize the extra burden on employers.
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SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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