Urban Kitchen and Bar on Worcester's Shrewsbury Street will close Friday, and the location will be leased to British Beer Co., a Massachusetts-based pub chain.
How much can an industry report impact a business? Westford-based NetScout Systems Inc. isn't taking chances, and has sued Stamford, Conn.-based research giant Gartner Inc., saying a report published in March unfairly classified the network quality assurance firm in a way that could harm its reputation.
At issue is a Gartner Magic Quadrant report that places technology providers into one of four categories based on market research, providing a “wide angle view of the relative positions of the market's competitors,” according to a summary on Gartner's website.
The quadrant “quickly helps you digest how well technology providers are executing against their stated vision,” according to Gartner.
Lowell-based Enterprise Bancorp, which has branches in Acton, Fitchburg, Leominster and Westford, declared a quarterly dividend of 12 cents per share in the second quarter that ended June 30.
(Updated Tuesday, April 29; 4:35 p.m.) Marlborough's city council is considering a tax break proposal for California-based SanDisk Corporation, which is looking to relocate its regional research operations to the city.
Cynosure Inc., an cosmetic laser maker that's expanding its headquarters in Westford, reported large revenue gains in its most recent quarter and for the year, following its acquisition of a Burlington competitor in 2013.
Lowell-based Enterprise Bancorp Inc., which has branches in Acton, Fitchburg, Leominster and Westford, reported annual net income of $13.5 million for 2013, a 9-percent increase over 2012, in a milestone year for loan growth, according to an earnings statement.
Since the Great Recession of 2009, business tenants in Greater Boston, including MetroWest towns along Interstate 495, have enjoyed low commercial rents and the upper-hand in negotiations with landlords. But is that starting to change?
It's highly possible, according to data released this month in indSTATus, the industrial real estate market publication by TranswesternRBJ, the Boston-based commercial real estate firm that services clients between Boston and the 495 corridor.
When Westford-based Cynosure Inc. announced it would acquire its competitor, Palomar Medical Technologies, in March, it seemed to spell the end for the aesthetic laser manufacturer's presence in town.