Two Central Massachusetts nonprofits are among 108 nationwide that were awarded more than $750,000 in donations by the charitable arm of BJ's Wholesale Club, which is based in Northborough.
In an era of competition from national and international institutions, pricey technology and uncertainty about coming regulations, what's a small local bank to do? The obvious answer, chosen by large numbers of banks across the country over the past couple of decades, is to merge with, buy, or be bought by, a rival.
In Massachusetts, though, the situation is a bit different. Bruce Spitzer, spokesman for the Massachusetts Bankers Association, said 75 percent of the organization's members are mutually chartered banks. That means they can't be acquired by stock banks — which include big players like Bank of America — without going through a complex and lengthy conversion process.
Biotech giant Genzyme will expand its Framingham campus with an $80-million processing facility that it says will “significantly” expand its purification capacity to support growth over the next few years, the Cambridge-based company announced today.
Nearly a year after a deadly national meningitis outbreak that originated at a Framingham pharmacy, the House on Wednesday unanimously approved legislation subjecting the industry to stricter oversight regulations and new licensing requirements.
Staples has completed the acquisition of a Silicon Valley-based software company that helps online retailers increase sales by personalizing the shopping experience, the Framingham-based office supply retailer announced.