Worcester's only shopping mall is in financial trouble, having defaulted on its loan, its revenue continuing to slide and key leases coming up for renewal.
Following a shareholder vote in June, Framingham-based office supply retailer Staples Inc. announced this week it will limit severance packages for senior executives that leave the company.
Chef and cooking instructor Candace M. Murphy of Worcester has been chosen to run the DCU Center's new eatery, which officials say will open next month.
The Federal Trade Commission (FTC) is taking more time to issue its decision on Staples' proposed purchase of Office Depot, delaying its ruling for nearly two months.
Ari Haseotes, president and CEO of Framingham-based Cumberland Farms, participated in a White House panel discussion about employer strategy for managing workers.
The board of the off-price retailer TJX Companies Inc. has announced it will promote a replacement for long-time CEO Carol Meyrowitz from within, naming current president of the company Ernie Herrman as her successor.
Lawmakers heard testimony Tuesday on tobacco tax exemption legislation unlikely to get far in the Legislature though it may appear before voters next year.