MetroWest

The first five months of 2025 have been a wild ride for the economy. How has your outlook changed for the rest of the year?

Two months after its CFO abruptly resigned, Arch Therapeutics, a Framingham-based biotechnology company, has filed for Chapter 11 bankruptcy.

Three growing fast casual restaurant chains are set to open at Shoppers World on the border of Framingham and Natick later this year. 

Mira Sahney has more than two decades of experience in leadership roles in industrial, medical, and high-tech markets, according to a press release issued by IPG on Thursday. She served as president of the pelvic health operating unit at Minnesota-based medical device firm Medtronic from 2021 to 2024. 

Milford-based Waters Corp. has acquired Halo Labs, a California-based company, which creates specialized imaging technology to detect interfering particles in therapeutic products.

DPH’s request comes after the state agency deemed Framingham Union’s NICU an essential service following the hospital’s April announcement that it planned to shutter its 12-bassinet unit by June 10.

Virtusa, a digital engineering and IT firm based in Southborough, has acquired Mav3rik, an Australian-based company focused on helping firms utilize Salesforce products.

After biotech firm Akoya Biosciences previously announced it would be acquired by Quanterix, the company is now considering an unsolicited, all-cash buyout offer it received from an anonymous third party.

Greater Worcester’s unemployment rate continued to dip in April, further reversing the region’s six-month trend of steadily climbing rates. 

Central Massachusetts saw an increase in the number of single-family homes sold in April, as sales prices continue to climb unabated.