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🔒Banking industry relieved the federal government scrapped an effort to monitor more financial transactions

When President Joe Biden’s administration dropped a planned $600 reporting requirement on bank account transactions, financial institutions across Central Massachusetts and the nation breathed a collective sigh of relief.

🔒Amid wider trends, employers should expect more worker-led movements for better benefits and working conditions

As the strike at Saint Vincent remains high profile, and public favor for labor unions reaches new highs, experts and labor groups say they expect to see an increase in labor action in and around the region.

🔒Sober brews: Central Massachusetts breweries try to tap into non-alcoholic beer

A new trend is brewing in the craft beer world, and it’s one without a buzz.

Amazon delivery service provider lays off 52 employees in Milford

Valdivia Logistics LLC, a shipping company based in Atlanta, has laid off 52 employees from its Milford facility, where it provided delivery services for online retailer Amazon, according to a Worker Adjustment and Retraining Act filing with the state.
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CISCO’s former Boxborough HQ to become business park

After purchasing CISCO’s Boxborough campus for $10.5 million in July, Braintree developer Campanelli said on Thursday it plans to convert the space into a business park, making it the company’s 16th business park in Massachusetts.

Westborough convenience retailer acquires 34 locations of Sprint Food Stores

EG Group, a United Kingdom convenience retail operator with U.S. headquarters in Westborough, announced Wednesday it has acquired Georgia-based Sprint Food Stores Inc.

Staples opens two new Staples Connect stores

Framingham-based office retailer Staples announced Tuesday it has opened two new locations in Los Angeles and Auburn, Maine, which will include an expanded offering of remote work tools.

Boston Scientific to be paid $20M in spinal cord tech settlement

Marlborough manufacturer Boston Scientific Corp. is expected to receive a $20-million payment from California medical device firm Nevro Corp. for patent infringement, according to a Monday press release from Nevro.
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Hologic to launch updated device to address uterine bleeding

Marlborough medical device manufacturer Hologic, Inc., announced Tuesday the launch of a new device designed to address abnormal uterine bleeding.

After signing Amazon lease, Boston firm flips Northborough warehouses for $153M

Northborough’s two Amazon sorting centers have traded hands between real estate companies for $153 million, according to the Worcester South District Registry of Deeds.
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