Greater Worcester

UMass Memorial Medical Center and registered nurses at its University campus reached a tentative contract agreement late last night that averted a one-day walkout that had been called for today.

Lt. Gov. Timothy Murray will resign June 2 to take a job with the Worcester Regional Chamber of Commerce, he and the chamber announced this afternoon.

The Protector Group Insurance Agency of Worcester announced the retirement of its longtime president, Robert J. Vaudreuil,...

A.M. Best Co. has affirmed the financial strength rating of “A” for The Hanover Insurance Group of Worcester and its subsidiaries, the New Jersey-based ratings firm said.

From MetroWest495 Biz's latest print issue: How do hospitals weigh capital investments in new technology? Milford Regional...

UMass Memorial Medical Center and nurses at its Memorial and Hahnemann campuses announced that they've reached a tentative, two-year agreement, avoiding a strike with that group after 18 months of negotiations. However, the same offer for nurses at the University campus has been pulled, the health care system said, opening the door for a scheduled one-day walkout by that union next Thursday.

MetroWest Medical Center has been a for-profit hospital for more than a decade, but profits have been...

World Energy Solutions of Worcester saw a 27-percent increase in revenue during the first quarter of this year, but lost nearly $1 million after an accounting change that defers some revenue recognition after reporting sales and commission expenses, the company said.

Biotech startup RXi Pharmaceuticals of Westborough, which is pushing ahead with clinical trials for its first product, reported a $14.4-million loss during the first quarter, but saw $100,000 in revenue, compared with no revenue during the first quarter of 2012.

Hanover Insurance Group of Worcester will spend $100 million to buy back more shares of its stock, while also declaring a quarterly dividend of 33 cents per share, the company announced Tuesday.