Leominster manufacturer United Solutions and a staffing agency it used have been ordered to pay $1.4 million in back wages and damages to 566 employees, as well as $100,000 in penalties to the U.S. Labor Department.
The Leominster Credit Union reported its assets and loan portfolio saw steady growth to $627 million and $419 million, respectively, in 2015 while deposits declined slightly.
UMass Memorial Health Care has announced that Lisa Colombo will be the president of Clinton Hospital and Nicole Gagne will become president of Community Healthlink.
The Community Foundation of North Central Massachusetts announced the distribution of 23 grants last week totaling $433,640 from its general endowment funds and field of interest funds.
Hudson-based Avidia Bank announced Monday that it has dropped its solar loan rate down to 1.89 percent for Massachusetts residents seeking to finance their residential solar systems.
As credit unions' market share expands in Massachusetts, the state bankers association says that growth is unfair to banks and against the public interest.
Unemployment in the Worcester metropolitan area dipped by nearly an entire percentage point in April, bringing it to 4.2 percent and representing one of the largest gains in employment in the state.