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After the first half of 2023 rocked the banking world and as uncertainty clouds the economic future, Central Mass. bankers are staying the course.
Lawmakers appear increasingly likely to make hospital expansions and closures an area of scrutiny this session, fueled in part by the planned shutdown of a Leominster maternity ward that has drawn vociferous criticism.
The local unemployment rate in Central Massachusetts communities remained low in May, including falling further from April figures in the North Worcester County region.
About half a dozen legislators from the greater Leominster area did not mince words during a committee hearing Tuesday, alleging that UMass Memorial Health is putting undue strain on Bay Staters with the closure plans its leaders announced last…
The global pharmaceutical company has received U.S. Food and Drug Administration approval for commercial cell therapy manufacturing in Devens.
Waltham-based utility National Grid will donate $800,000 to eight chambers of commerce in Massachusetts, including $100,000 to the North Central Massachusetts Chamber of Commerce in Fitchburg.
Gardner manufacturer Precision Optics has named Wayne Coll its new CFO.
Bisousweet Confections will renovate and purchase equipment for its new 20,000-square-foot facility in Leominster with a $1.25 million loan from MassDevelopment.
Multifamily residential developers have been proposing thousands of apartments throughout Central Massachusetts, but communities are resisting the push for more housing to protect their resources and what residents and officials see as their town’s…
People are on the move at UMass Memorial Medical Group, Fidelity Bank, and Clark University.
In April 2020 during the onslaught of the COVID-19 pandemic, the United States lost 20.5 million jobs, skyrocketing unemployment to 14.7%, according to the U.S. Bureau of Labor Statistics. During the next few years/years, reflecting a tight labor market, wages increased while the remote workforce more than tripled. Today, with some employers making a renewed push for employees to be back in the office, many current and potential employees still want the flexibility to work from home, along with other benefits.
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SubscribeWorcester 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.
See Digital EditionStay 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.
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 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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