The latest Central Massachusetts business news
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Thursday, May 24, 2018
Three Central Mass. companies pay top exec at least 100 times higher than median employee
Three Central Massachusetts companies have reported CEO pay at least 100 times that of respective companies' median employees.
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Creative Hub Worcester fundraising $850k from goal
Creative Hub Worcester co-founders Stacy Lord and Laura Marotta are $850,000 away from reaching their fundraising goal and start construction on a new arts and events center.
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Chamber: Worcester lost nearly 500 manufacturing jobs due to tax rate
With Worcester set to lose more than 460 manufacturing jobs in a three-year span, the Worcester Regional Chamber of Commerce is once again calling for the City Council to reduce the burden on commercial taxpayers.
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UniBank hires former Commerce finance exec as CFO, SVP
Whitinsville-based UniBank has named Douglas Moisan, a former Commerce Bank finance executive, as its new chief financial officer and senior vice president.
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Two YMCAs to merge in Central Mass.
YMCA of Central Massachusetts and Tri-Community YMCA of Southbridge are merging, the two agencies have announced.
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UMass Memorial gets $110M bond for surgical, ER expansions
UMass Memorial Health Care has received a $110-million bond to improve its two Worcester hospital campuses and its Leominster hospital.
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Mass. selects Vineyard Wind for offshore wind farm
Vineyard Wind, a project backed by a Danish fund management company, has been chosen by the Baker administration and state utilities to build an 800 megawatt offshore wind farm off the coast of Martha's Vineyard.
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Regional Roundup
Question of the Week
Tuesday we asked: On Monday, average gas prices in Massachusetts hit $2.87 per gallon of unleaded, according to AAA, as prices continue rising ahead of Memorial Day and the summer season. A year ago at this time, the average price in Massachusetts was 59 cents lower at $2.28.
As gasoline prices near $3 per gallon, do you have to adjust your operations?
  • Probably will be added by some of our suppliers and to fuel surcharge by trucking companies.
  • The increase of gas prices is simply a "supply & demand"
  • We believe that current policies with regard to international business relations are hurting our business.
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Most Read
Construction begins on $21M Kelley Square building
New phase to begin on Pleasant Valley Crossing in Sutton
Saint Vincent Hospital opening behavioral health unit
IPG Photonics eyes $215M expansion, 500 new jobs
Former BJ's CEO to retire from board before public listing
Maynard Crossing project to bring life back to vacant Digital Equipment Corp. site
Little Leaf Farms plans third expansion
BJ's seeks to go public again
Bravehearts ask for new team name: Pies or hot dogs?

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Worcester MA, 01604