In the end, Radio Shack didn't know its own identity. In what will most likely be a major case study in business schools, the once world-famous electronics chain has filed for Chapter 11 bankruptcy protection and will close most of its Central Massachusetts stores.
At the end of 2005, Boston Scientific Corp. made the fateful choice to buy cardiovascular equipment company Guidant Corp. for $27 billion. Since then, repercussions from the acquisition have weighed on the Marlborough-based medical device company. But with the settlement of a lawsuit over the deal in February, the company seems to be moving forward.
Thanks to technology, employees who work remotely are becoming increasingly common. How do you manage a worker who isn't … there? Here are three tips to keep communication strong and goals front and center.
Earlier this year, the U.S. House passed a plan to make the $500,000 cap on Section 179 capital investment depreciation permanent. But President Obama called for more clarity on how the tax break will be funded without adding to the federal deficit. Meanwhile, businesses are waiting to see when and if the tax break be available.
An overwhelming majority of voters in our poll for the week of March 2 endorsed recent actions by Wal-Mart and Framingham-based TJX Cos., the parent of T.J. Maxx and Marshalls, to increase their floor wages to $9 an hour this year.
What should be Worcester's top municipal spending priorities? In honor of the annual "March Madness" collegiate basketball tournament, which begins this week, the Worcester Regional Research Bureau invites you to fill out a "bracket" that lists 32 potential spending items.
The manufacturing industry in Central Massachusetts isn't as robust as it was decades ago. But there are still robust companies. That includes Lampin Corp. of Uxbridge. The maker of such products as pulleys and MITRPAK gearboxes said it enjoyed 22-percent growth in revenue last year, and an even bigger 70-percent jump in net profit margins. Bill DiBenedetto, a former executive with Digital Equipment Corp., is nearing the end of his third year as president of the employee-owned company.
A 2013 study found that the average smartphone user swipes to unlock 110 times a day. With smartwatches entering the market, it's getting even easier for us to get the data we want in less than a second. Westborough-based Kopin Corp. says it won't end there.
With the record-setting Jan. 27 blizzard dumped three feet of snow on Worcester, forcing a ban on driving, businesses had no choice but to close, and subsequent storms forced employees to remain home. But technological tools helped save at least part of the day.
The pending departure of the Worcester Sharks will leave Central Massachusetts without a professional sports team, something it has enjoyed for all but one of the last 21 years. But will landing another minor league sport here — be it hockey, baseball or something else — amount to more than a field of dreams?
A number of Central Massachusetts companies have recently gone public in what experts say is one of the strongest markets for initial public stock offerings in years. Taking a company public can be a means to accelerate growth, but also presents challenges beyond those faced by private companies.
Exports of all kinds to Asia are on the rise, but it's the technology industry that's delivering the products crucial to bringing Asian countries up to par with other developed nations.