The latest Central Massachusetts business news
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Tuesday, May 2, 2017
 
In renaming debate, Holy Cross weighs tradition vs. institutional mission
 
Holy Cross begins an examination of whether its longtime Crusader name should be erased starting this fall, with input from students, faculty, alumni and others.
 
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Worcester foreclosure petitions up 1% in March
 
Foreclosure petitions in Worcester County increased by just over one percent in March, according to new statewide data from the Warren Group released Tuesday.
 
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Ameresco reports $1.6B total project backlog
 
Framingham energy efficiency company Ameresco reported a record high total project backlog of $1.6 billion on Tuesday, in an earnings report that also revealed the company lost about $600,000 in its first quarter.
 
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Bowditch & Dewey attorney gets federal post
 
Vincent DeVito, a partner at the law firm Bowditch & Dewey, has been appointed by President Trump as senior counselor to the secretary of the interior for energy affairs, the firm announced Monday.
 
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How to attract more and better clients
 
The key to growing business is utilizing a dual strategy of building an amazing brand that commands long-lasting attention and layering on a performance marketing approach that connects with the right audience to drive revenue.
 
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Mass. economy contracted in first quarter
 
Slow growth in the U.S. economy made headlines over the last few days but in Massachusetts the economy over the first quarter of 2017 actually contracted, hamstrung by stalled wage and salary income growth, according to a new report.
 
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Leaders discuss marijuana regulation
 
House Speaker Robert DeLeo on Monday suggested a new approach state officials could take in regulating the new legal marijuana industry in Massachusetts.
 
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Regional Roundup
 
 
Question of the Week
 
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This week, President Donald Trump released an outline of his administration's plan to change the federal tax code. The plan proposes cutting the number of tax brackets on the tax code from seven to three, cuts the corporate tax rate from 35 percent to 15 percent, and repeals the 3.8 percent investment surtax from the Affordable Care Act. It also would eliminate the estate tax, the alternative minimum tax, and tax deductions for individuals other than mortgage and charitable deductions. The White House said the plan will pay for itself with economic growth, but the Committee for a Responsible Budget said it could end up costing between $3 trillion and $7 trillion over a decade.
What do you think of the president’s tax plan?
It’s long overdue and will undo years of unnecessary and uneven tax burdens on businesses allowing them to create jobs.
The corporate tax rate should be lower but cutting it by 20 percentage points is too big of a risk.
The huge cuts to businesses and the wealthy will instead shift the burden to individuals and lead to an even more uneven economy.
There haven’t been enough details released for me to decide.

 
Most Read
 
Workers claim wage theft at 145 Front St. development
 
 
Fitchburg drone racing hits TV in June
 
 
Kennedy CHC head appointed to Blue Cross foundation board
 
 
Marlborough wants downtown brewpub
 
 
UMass Medical School laying off 65
 
 
10-year high for workplace deaths in Mass.
 
 
Seven Central Mass. hospitals beat state in readmissions rates
 
 
QCC expands manufacturing partnership
 
 
Workers acquires insurance firm
 
 
 
 

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