Central Mass. South

Oxford-based laser maker IPG Photonics saw first quarter profit decline 48% and revenues decline 12% year-over-year due to a challenging global economic picture.

The CEO of IPG Photonics and the U.S. Department of the Treasury will meet before a magistrate judge in an attempt to settle a lawsuit challenging the Treasury's designation of the executive as a Russian oligarch

Bookstores are making a comeback across the country, with the New York-based American Booksellers Association seeing a 50% rise in the past decade in the number of its member locations.

Median single-family home prices hit $268,250 in Worcester County in March, outpacing state price increases from last year, which across Massachusetts marked a record high.

Nichols College will begin two new marketing majors and a finance major this fall it says will better prepare students for shifting industry demands in the coming years.

Fallon Health is looking to move its elder care program to a new medical building on Grove Street in Worcester, pending regulatory approvals.

Optim is using its recent U.S. Small Business Administration award to grow its company and attract new customers.

Lou Brady took as president and CEO of Family Health Center of Worcester on April, replacing Frances Anthes, who helmed public service agency for 22 years.

Harrington HealthCare in Southbridge and Heywood Healthcare in Gardner will join the Massachusetts Value Alliance.

A timeline to open the Red Sox ballpark by 2021 leaves the city little wiggle room to buy and relocate businesses in just a few months.