The latest Central Massachusetts business news
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Tuesday, January 23, 2018
 
The Massachusetts pot industry anxious after threats of federal crackdown
 
Marijuana companies can begin applying for Massachusetts recreational licenses in April and open stores in July, but federal changes this month indicating a shift toward a strict application of federal drug law law are threatening to derail the budding industry.
 
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Harvard Bioscience acquires Minn. firm for $70M, sells subsidiary for $20M
 
Holliston medical device maker Harvard Bioscience is set to acquire a Minnesota biomedical firm for $70 million, simultaneous to a $20-million sale of Harvard's subsidiary Denville Scientific.
 
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R.I. House speaker: PawSox bill dead
 
Speaking on a Rhode Island talk show, Rhode Island House Speaker Nicholas Mattiello said the House will not vote on the Senate version of the $83-million stadium deal for the Pawtucket Red Sox as the team continues to talk with Worcester officials about relocating to the city.
 
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Aspen Aerogels wins patent case against Dutch reseller
 
Aspen Aerogels, a Northborough manufacturer of aerogel insulation for the energy infrastructure and building materials markets, announced Tuesday a series of judgments from a German court against a Dutch reseller of an aerogel product for which Aspen claims it holds patents.
 
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Fantasy sports bill includes tax, panel
 
With the legal status of daily fantasy sports set to expire in about five months, Sen. Eileen Donoghue has proposed making the popular fantasy contests permanently legal, putting the Massachusetts Gaming Commission in charge of overseeing the industry and levying a 15 percent tax on game operators.
 
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New $1M Fitchburg community health center opens
 
A new $1-million, 7,400-square-foot community health center in the Market Basket plaza in Fitchburg has been completed.
 
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101: Negotiations
 
They happen in boardrooms, hallways, lawyers' offices and in car dealerships. They are, of course, negotiations – seen by many as a means to an end to wrap up a transaction of some sort, ideally involving give and take on both sides.
 
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Regional Roundup
 
 
Question of the Week
 
Can't answer the question in your email? Click here to view as web page before commenting.
 
After a Republican-backed federal tax bill passed Congress, companies across the country are reporting they have more cash to go around, including for raises and new initiatives.
What is your company doing with its savings from the new federal tax code?
We're giving all of our employees a raise or bonus.
We're expanding our operations like building a new facility or acquiring another company.
Nothing. The savings aren't substantial enough for us.
It's too soon to tell if savings are great enough to be able to invest or pass on to employees.

 
Most Read
 
Wegmans to open Natick Mall store in April
 
 
Former Worcester pickle factory sold for $425K
 
 
Worcester marijuana grower preparing to open
 
 
R.I. Senate approves $83M PawSox stadium
 
 
Behavioral health organization to close Worcester site
 
 
Report: $15 minimum wage impacts 40% of Worcester workers
 
 
Beer bottle manufacturer to close Milford facility
 
 
Worcester left off Amazon's HQ2 short list
 
 
Trucking company purchases 6.4 Worcester acres for $1.9M
 
 
 
 

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