City Manager Edward Augustus had reached an agreement with Comcast Corp. that will transfer Worcester's license for cable television and internet access to the company and protect more than 150 call-center jobs in the city and locally-produced news, the city announced Thursday.
The influence of declining freshman-age students in New England, increased use of technology and the importance of a continued commitment to the community were highlighted Wednesday morning during a discussion of the future of higher education as part of the Worcester Business Journal Power Breakfast Series.
Gov. Deval Patrick has signed an $86 million spending bill, closing the books on fiscal year 2014, giving the Massachusetts Department of Transportation ownership of its headquarters next to the Boston Public Garden and creating a $2 million fund to support municipal public works and public health projects.
Girls Inc. of Worcester has received $220,000 from 16 foundations and corporations to fund its science, technology, engineering and math (STEM) programming for the coming year, the nonprofit organization announced.
Less than two weeks after abandoning a $55 billion deal to buy rival Shire following changes to U.S. tax rules, Illinois-based drug maker AbbVie raised its annual earnings guidance after sales of its top drug grew 17 percent.
Unum, the insurance company that employs more than 600 in downtown Worcester, saw earnings continue to grow based on its core businesses United Kingdom and Colonial Life segments as its U.S. operations lag, the company reported.
Third-quarter net income at the Hanover Insurance Group decreased to $54.9 million or $1.22 per share from $61.3 million or $1.37 per share in the prior-year quarter, the company reported on Thursday.
The University of Massachusetts Medical School in Worcester will partner with Atlanta-based medical device firm LumaMed in a joint clinical study to evaluate the effectiveness of an imaging platform used in breast cancer surgery, and possibly other types of cancer surgeries.