The latest Central Massachusetts business news
Go here to view as a web page
 
Go here for more information
 
 
Daily Report Forward to a Friend   Update preferences
 
 
Thursday, December 1, 2016
 
Former EMC HQ sells for $3.5M
 
The long-vacant former EMC Corp. headquarters in Hopkinton's Elmwood Industrial Park has sold for $3.45 million.
 
Read more >>
 
Biostage secures FDA orphan drug designation
 
Bioengineered organ transplant company Biostage's stock lept more than 25 percent after the company announced it received a designation that will save the company time and money as it pushes its throat transplant technology to the market.
 
Read more >>
 
Unibank launches Worcester investment savings accounts
 
Unibank has launched a special savings account that will allow people to make sure their money is reinvested in Worcester.
 
Read more >>
 
Go here for more information
Muddled records lead to Saint Vs kidney mistake
 
Saint Vincent Hospital in Worcester could see Medicaid and Medicare payments terminated in December if patient safety deficiencies remain, according to state officials.
 
Read more >>
 
 
Go here for more information
Go here for more information
 
 
Harrington HealthCare names new board members
 
Harrington HealthCare System has announced the election of new members, directors and officers for the coming year.
 
Read more >>
 
Sunovion partners with Demi Lovato in mental health campaign
 
Marlborough-based drug maker Sunovion Pharmaceuticals has partnered with pop singer Demi Lovato and others on a photo campaign to encourage responsible portrayals of mental health.
 
Read more >>
 
UMass Boston money crunch weighing down UMass system
 
University of Massachusetts-Boston faculty members and union representatives on Wednesday urged a UMass Board of Trustees committee to help the Boston campus manage a budget deficit they said is threatening the campus's urban mission.
 
Read more >>
 
 
Like us on Facebook for our latest business news
 
 
Go here for more information
Go here for more information
 
 
Regional Roundup
 
 
Question of the Week
 
Tuesday we asked: Just before Thanksgiving, a federal judge slammed the brakes on an expansion of overtime by the U.S. Department of Labor to cover workers making up to $47,476 annually that was set to begin Dec. 1. Many employers had already instituted changes to deal with the threshold increase from $23,600 and the ruling now leaves many employers in tough spots, after either giving out raises or instituting new time management protocols.
How is your business dealing with the halt to the overtime law change?
  • This was a major overreach by the Obama Administration. I am in favor of increasing the limits but "you can't jump a large chasm in a single leap"
  • Similar to the tech tax, government is interfering with businesses. With the tech tax, Deval Patrick and the Massachusetts legislature passed a law so complex they could figure it out. After spending weeks to understand and comply with the tax it was rescinded. This time the federal government in an overreach that effected virtually all businesses, the government more than doubled a standard and impacted many workplace rules causing disruption in businesses across Massachusetts. Now, that won't take place either. Wouldn't it be nice if business leaders could focus on growing their businesses?
  • There are two serious problems the proposed regulations. First, it puts an undue burden on small businesses which simply cannot afford the added payroll expenses. Second, it takes certain employees with real management potential out of the “get the job done" mode and puts them into the “hourly employee" mode, possibly limiting their managerial development and earning potential for the long run.
See All Comments >>
 
Most Read
 
Gardner begins $1.8M cleanup
 
 
Small Business Saturday in Worcester with Jessica Walsh
 
 
Fitchburg State kicks off $2M downtown expansion with $350K purchase
 
 
Wrentham Outlet ramps up Black Friday security
 
 
Country Bank names 3 new branch managers
 
 
Legal home-grown marijuana on track for December
 
 
Harrington HealthCare sets its sights on Connecticut
 
 
UMass Memorial cited for failure to report device injuries
 
 
Boston Scientific supplier expanding
 
 
 
 
 
You're receiving this email because you're subscribed to the Daily Report at WBJournal.com. You may unsubscribe at any time. Worcester Business Journal
172 Shrewsbury Street
Worcester, MA 01604
Contact us