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Worcester’s Pleasant Street businesses can get up to $20K to improve storefronts

Storefronts along Pleasant Street in Worcester may soon be getting a facelift with the help of MassDevelopment’s Transformative Development Initiative.

Surtax funds flowing in as federal funds dissipate

Legislative budget writers zeroed in on the responsibility they will have to simultaneously establish a process for handling new revenue from the state's income surtax and manage the steady phase-out of federal aid that helped prop up numerous programs for the last few years.

Co-working company leases floor of Mercantile Center

Wolanski CoWork, Inc., a franchise of Venture X, will open a nearly 15,000-square-foot coworking space in downtown Worcester in late summer.

Cornerstone Bank chief credit officer among latest executive moves

Worcester-based Cornerstone Bank has promoted Douglas Schmeling to the role of senior vice president, chief credit officer with the bank, which also announced four other executive promotions.
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Poll shows support for local option rent control

Nearly three decades after Massachusetts voters banned the policy, a majority of likely voters here would support a ballot question once again allowing cities and towns to implement rent control, a new poll found.

Forum: Housing costs limit out-of-state hiring for growing Central Mass. life sciences industry

Hiring remains a challenge at companies still focused on growth and recruitment, in part due to the high cost of living in Massachusetts.

Energy coalition wants $300M for building overhauls to defray costs

To meet the state's climate goals and cut down on energy costs for residents, Massachusetts needs to invest in zero-carbon renovations in existing buildings around the state, according to a coalition of over 150 organizations.

Worcester robotics firm tabs WPI professor as CEO

AiM Medical Robotics in Worcester announced on Wednesday it has appointed Gregory Fischer as the company’s new CEO.
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UMass Chan laying off 26 at vaccine manufacturing division

UMass Chan Medical School is consolidating its workforce at MassBiologics, its Boston-based biologics and vaccine manufacturing arm. The affected positions will be eliminated in 60 days.

Index: Central Mass. business confidence jumps to highest point since August

Central Massachusetts businesses were more confident in February than in any month since August, according to The Central Massachusetts Business Confidence Index.
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