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North County
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MassDevelopment bonds $17M for new Perkins middle school, dorm
Monica Benevides November 9, 2020Finance and development agency MassDevelopment has issued a $17-million tax-exempt bond on behalf of the Doctor Franklin Perkins School in Lancaster, for constructing a new middle school building and dormitory, according to a joint press release…
Fidelity Bank dedicates $45K to EforAll partnership
Monica Benevides November 9, 2020Fidelity Bank of Leominster will dedicate $45,000 over three years to the Massachusetts nonprofit Entrepreneurship for All, known as EforAll, which launched a Worcester branch on Oct. 1, the bank announced on Friday.
Restaurant revenue plunged 33% during six months of the pandemic
Grant Welker Updated: November 9, 2020Restaurants are bringing in far less money for food and drink during the coronavirus pandemic – and it’s showing both the hit the industry has taken this year as well as the financial toll declining tax revenue will have on cities and towns.
Main Streets are the cornerstone of suburban economic goals
Monica Benevides Updated: November 9, 2020When it comes to main streets in Central Massachusetts, town officials uniformly agree: A healthy main street is where foot traffic is king.
Malls stare down pandemic, increased vacancies
Grant Welker Updated: November 9, 2020From the high-end Natick Mall to Solomon Pond Mall to the Mall at Whitney Field and elsewhere, retail plazas already struggling with closing chains are now facing an even more uncertain future because of the pandemic.
State college enrollment sinks amid pandemic concerns
Grant Welker Updated: November 9, 2020Colleges in New England were already on the lookout for an expected drop in high school-age graduates locally, and struggling in some cases to balance high costs with keeping education affordable for students.
Fitchburg’s 50/50 Diner receives $50K NCMDC micro-loan
Monica Benevides November 5, 2020Management behind Fitchburg’s 50/50 Diner received a $50,000 loan from the North Central Massachusetts Development Corp., the economic development arm of the North Central Massachusetts Chamber of Commerce, the agency announced on Wednesday.
Sbrega inducted into CCUA Hall of Fame
Tina Sbrega, the president and CEO of GFA Federal Credit Union, has been inducted into the Cooperative Credit Union Association after more than a decade leading the Gardner institution.
Rollstone Bank reports 12.1% increase in assets
Monica Benevides November 4, 2020Rollstone Bank & Trust of Fitchburg reported $769.9 million in assets for its fiscal year ending June 30, a 12.1% increase from the previous year, according to a press release Wednesday detailing the bank’s annual meeting.
Q&A: Ethos Cannabis will connect customers to cultivation
Monica Benevides November 3, 2020Pennsylvania marijuana company Ethos Cannabis opened its first recreational dispensary in Fitchburg on Halloween, colocated with a cultivation facility.
Today's Poll
While shifting cultural norms in the business community have found hiring managers outwardly working toward hiring a more diverse staff, studies in the last few years by organizations like McKinsey & Co. and Regent University found women and people of color are promoted less frequently than their white male counterparts. This produces a dynamic where company leadership at many organizations remains dominated by white males even as the company's employees become more diversified.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
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Worcester 300, City of Innovators
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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Get the Daily Report
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
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Subscribe
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
-
Worcester 300, City of Innovators
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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