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Greater Worcester

Chestnut Place office buildings purchased for $14M

A national real estate investment firm has purchased the office buildings at One and Two Chestnut place in downtown Worcester for $14 million.

Developer announces new tenants for former Spag’s site, more to come

The future of the old Spag's site on Route 9 in Shrewsbury is continuing to take shape, with two new tenants bolstering the “high end” feel that the proposed Lakeway Commons plaza brings to the neighborhood, said Jay Thomas, chairman of the Lakeway Business District Association.

Four years of higher education in Central Mass. for $30K

Four public institutions of higher education in Central Massachusetts are collaborating to guarantee qualifying students four years of post-secondary schooling for $30,000.

Davey discusses Games bid, says Lake Quinsigamond might not measure up

It may be years before the Olympic Games come to Massachusetts – that is, if they come – but even though they would focus on Boston, there are opportunities for the rest of the Bay State to take part, the head of the group behind the bid told business leaders Tuesday.
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AbbVie adds anti-cancer drug with acquisition

Pharmaceutical giant AbbVie, which has operations in Worcester, will acquire Pharmacyclics, maker of the blood cancer treatment Imbruvica (ibrutinib).

11 area nursing homes stand out in national rankings

Eleven nursing homes in Central Massachusetts received the top rating in U.S. News & World Report's annual list of best nursing homes.

Charter Business becomes Spectrum Business

Charter Communications has rebranded and upgraded its Charter Business division, renaming it Spectrum Business.

Webster First, Industrial credit unions to merge

Webster First Federal Credit Union (WFFCU), which is based in Worcester, is merging with Boston-based Industrial Credit Union (ICU), the two institutions announced.
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Hanover declares 41-cent stock dividend

Hanover Insurance Group will pay a quarterly dividend of 41 cents per share to its stockholders, the company announced Friday.

Central Mass. hospitals keep an eye on Partners

Edward Moore, president and CEO of the Harrington HealthCare System, has been keeping a close eye on developments with Partners HealthCare, the enormous and fast-growing eastern Massachusetts health care system. Although Partners recently scaled back its latest expansion effort, Moore is not letting down his guard.
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