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Vacant downtown Worcester lot sold for $750K to NY multi-family developer

A vacant lot just off of Worcester’s Main Street has been sold to New York multi-family housing...

Lifeward to close two U.S. facilities, lay off 15 employees

Lifeward will close two of its U.S. facilities in a consolidation effort expected to save the Marlborough-based firm $3 million in operating expenses.

Cornerstone Bank’s inaugural chief risk officer to retire

Two and a half years after assuming his role as senior vice president, chief risk officer at Cornerstone Bank, Michael Roy has announced his retirement from the Worcester-based institution come February.

Worcester startup raises $45M for ALS and schizophrenia treatment

Leal Therapeutics has secured yet another multi-million financing deal as the Worcester-based biotechnology startup has raised $45 million to advance its therapeutics for individuals with central nervous system disorders.
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UMass Memorial partnership to deliver pediatric care for cleft palates, other craniofacial anomalies

In an effort to boost access to craniofacial care for children, Worcester healthcare provider UMass Memorial Health has teamed up with Fresh Start Surgical Gifts, a California-based medical nonprofit.

Steward’s physician network changes name as purchase transaction is finalized

The sale of Steward Health Care's physician network to the Rural Healthcare Group has been finalized, the buyer announced Thursday along with a new name for the consolidated company: Revere Medical.

Mass. launches equity dashboard to support veteran employment

State officials on Thursday announced the launch of a veterans' equity dashboard and promoted the availability of a $2,500 tax credit that small businesses can claim for hiring qualified veterans, ahead of National Veterans and Military Families Month commemorated each November.

Francis Carroll, longtime Worcester business leader and philanthropist, dies

Francis Carroll, a longtime leader in the Worcester business and nonprofit communities and Korean War veteran, has passed away.
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Servers rally against tipped wage initiative at State House as election nears

With less than a week until Election Day, about 16 restaurant workers gathered on the State House steps to urge Bay Staters to vote against Question 5, warning the measure would lead to job losses and reduced services, and fall short of proponents' goal to boost the livelihoods of tipped employees.

State lawmakers discuss cannabis agency overhaul as regulators pass long-awaited delivery rule reforms

As regulators were discussing removing the two-driver rule in Worcester, cannabis delivery operators were explaining the impact of the CCC’s three-year-long delay in removing the rule to lawmakers on Beacon Hill. 
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