Greater Worcester

Assumption College of Worcester has maintained its “A-minus” credit rating from Standard & Poor's after an assessment of the school's finances, which includes a record endowment fund balance, the school announced.

This year, the Worcester Business Journal marks its 25th anniversary. In each print edition, we will highlight a major event within the Central Massachusetts business community between 1990 and 2014, and explore how that event impacts today's business scene. Next month, we'll publish a special 25th Anniversary commemorative edition and look at the region's companies and business leaders who have made a difference over the last quarter-century. We'll also look ahead to what the coming years could bring.

A mechanical engineering professor at Worcester Polytechnic Institute has secured a three-year, $424,000 grant to reengineer a manufacturing process for parts designed to make motor vehicles lighter and more energy efficient, the school announced.

AbbVie, a Chicago-based company with a research and development facility in Worcester, announced Thursday that results from...

An Auburn mixed-use building has been sold and will be the new expanded home of Fairway Mortgage, according to Glickman Kovago & Co., which handled the transaction for the sellers.

The CEO of a leading footwear manufacturer stressed the importance of American manufacturing and investing in technology during his keynote address Monday morning at the DCU Center before a breakfast meeting of the Worcester Regional Chamber of Commerce.

Small businesses in Worcester County, especially those engaged in agriculture, have until Oct. 6 to file for economic disaster loans with the federal government for damages caused by excessive moisture and heat over a five-month span last year, the U.S. Small Business Administration (SBA) announced.

A new program will provide a year of free space in Worcester to entrepreneurial college graduates seeking to open their own businesses in the city.

Gov. Deval Patrick is planning another overseas trip, with mid-September stops in Denmark, France and the United Kingdom.

Boston Scientific has completed its purchase of the interventional business of Bayer AG, opening up the Marlborough-based company's treatment solutions for vascular conditions.