Greater Worcester

Investment in U.S. multifamily properties hit a historic high of $127 billion over the 12 months that ended June 30, according to research from CBRE.

CSX Corp. is anticipating lower revenue for the rest of the year on the back of challenges to the coal industry.

Reliant Medical Group laid off 78 employees – about 3 percent of its workforce – on Wednesday, part of an ongoing effort to reduce expenses, the Worcester-based health care provider announced.

W. Patrick Hughes, the president and CEO of Fallon Health, will retire Nov. 1, the health insurer's board of directors announced Tuesday.

Glickman, Kovago & Jacobs of Worcester has joined NAI Global, a network of owner-operated commercial real estate brokerage firms.

The mixed use building at 307 Grafton St. in Shrewsbury has been purchased by CS Holdings LLC for $2.4 million.

Mount Wachusett Community College (MWCC) has partnered with Clark University in Worcester to facilitate transfer opportunities for MWCC students, the community college in Gardner announced Thursday.

Two groups of scientists at the University of Massachusetts Medical School have each received $1 million in grant money raised during last summer's viral Ice Bucket Challenge campaign, funds that will support ALS research projects that the school's chancellor on Wednesday called "pivotal work."

The Eunice Kennedy Shriver Center at the University of Massachusetts Medical School has been awarded a contract to provide a system that manages online training programs for the Commonwealth of Pennsylvania, the medical school announced.

The state's Center for Health Information and Analysis reported last week that Central Massachusetts hospitals collectively have the lowest total margins among all regions of Massachusetts. But that doesn't mean the picture is grim. Sergio Melgar, chief financial officer for UMass Memorial Health Care, said one has to look beyond margins and operating surpluses and losses for fiscal 2014, as detailed in the center's recent report, to appreciate the bigger picture.