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Friday, March 2, 2018

Worcester chamber urges voke-tech support

A statewide coalition of educators, businesspeople and community organizations including the Worcester Regional Chamber of Commerce are urging the Massachusetts Legislature to expand access to career and technical education outside of technical and vocational schools.

Fallon, Tufts finish 2017 in the black

Fallon Health and Tufts Health Plan each reported positive net income for 2017, while Blue Cross Blue Shield of Massachusetts and Harvard Pilgrim Health Care posted losses.

1A Auto to open Pepperell R&D facility

Online auto parts retailer 1A Auto is opening a new research and development facility in the company’s hometown of Pepperell later this year.

Harvard Biosciences reduces loss by $3.4M

Holliston life sciences firm Harvard Biosciences reported a $900,000 loss in 2017, as revenues declined by $2.6 million for the year.

Oxford Immunotec marks 20% growth for 13th straight year

The Marlborough medical diagnostics company hit 20-percent year-to-year revenue growth for the 13th consecutive year in 2017, though it still remained unprofitable.

Sales at TJX rose by 16 percent in the fourth quarter, the MetroWest retailer reported, sending the company's stock rising on the news and nearly closing at an all-time high.

101: Foster learning

Nobody likes a know-it-all, and in business, the ramifications can potentially impact your bottom line.

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Regional Roundup

West Boylston restaurant to close (Telegram & Gazette)

Corporate America takes lead on gun reform (Boston Globe)

E conomic success in I-495, MetroWest area (MetroWest Daily News)

Noncompetes and Mass. politics (Boston Globe)

Week in review

Worcester to file suit against opioid makers

The City of Worcester on Wednesday announced it will file a lawsuit against companies making and distributing opioids, seeking damages for the cost of opioid treatment and prevention in the city.

Telegram & Gazette parent company buys Worcester Magazine, five others for $1.2M

New York-based GateHouse Media, the parent company of the Telegram & Gazette, the MetroWest Daily News and dozens of other daily and weekly newspapers in the state, is spending $1.2 million to acquire the Worcester Magazine and other five small papers in Central Massachusetts.
Kirk Davis, president and CEO of GateHouse Media and chief operating officer at New Media, owns the Holden Landmark Corp, which includes Worcester Magazine, the Holden Landmark, baystateparent magazine, the Grafton News, the Millbury-Sutton Chronicle and the Leominster Champion.

Feds: Hidden drug money used to open, operate The Chameleon

The Chameleon, the short-lived restaurant that took the place of The Usual on Shrewsbury Street in Worcester, was opened using proceeds from the former owner's illegal drug sales, federal prosecutors allege.