For the third year in a row, TJX Cos. Inc. President and CEO Ernie Herrman was the highest-paid CEO in Central Massachusetts. Herrman earned $22.2 million in total compensation for fiscal 2023, nearly 1,496 times more than the corporation’s median employee compensation of $14,857, according to TJX’s filings with the U.S. Securities & Exchange Commission.
In Worcester, a city defined by the flow of immigrants over the centuries, and throughout Central Mass., immigrants start businesses at a higher rate than natural-born residents, according to a 2018 joint report by the Worcester Regional Research Bureau and Worcester Business Journal.
The plan complements Massachusetts’ ongoing decarbonization efforts and provides a roadmap for how we can ensure all needed infrastructure is built in an equitable fashion.
UMass Memorial Medical Center in Worcester has partnered with the Framingham nonprofit South Middlesex Opportunity Council to open in February a seven-bed pilot respite program.
Even though very few companies are actually using AI now – a U.S. Census Bureau survey from November found only about 4% of businesses are using the technology – the anticipation is many, many more will use it in the future.
iLottery would provide an annual source of revenue that would grow year over year with a projected $230 million for the state by the end of its fifth year.
Worcester-based social equity cannabis dispensary New Dia is suing a California-based entity, claiming the firm has failed to pay an agreed upon purchase price of $2 million for a minority stake in the dispensary.