Greater Worcester

Biopharmaceutical research companies have conducted nearly 500 clinical trials of new medicines in Worcester over the past 14 years, according to a report released today by the Pharmaceutical Research and Manufacturers of America (PhRMA).

World Energy Solutions of Worcester increased its quarterly revenue 15 percent to more than $8.7 million, and, although it lost nearly $600,000, expects improving operating margins, the company said today.

A boom in orders for its mobile management software propelled a 34-percent jump in year-over-year sales in the third quarter for ViryaNet of Westborough, the company reported Thursday.

Fallon Community Health Plan yesterday cut 6 percent of its workforce – or 62 jobs – in response to what it called the “new challenges” in a changing health care industry.

JetBlue took to the skies in Worcester Thursday, marking the return of commercial passenger air service to New England's second largest city for the first time since early 2012.

Profits jumped while revenue fell in the most recent quarter at Unum Group.

The return of commercial passenger air traffic to Central Massachusetts is just three days away as workers prepare Worcester Regional Airport for JetBlue's launch of daily flights to Florida.

Third-quarter profits nearly doubled at The Hanover Insurance Group Inc. of Worcester due to growth in its commercial lines, the company said Wednesday.

Worcester Baseball, operator of the new Worcester-based Futures League collegiate baseball, announced five finalists in its Name Your Team contest, which launched Sept. 30.

UMass Memorial Health Care is bracing for layoffs as well as other cost-cutting measures in the face of a projected $57-million operating loss for its recently completed fiscal year.