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Monday, December 11, 2017

UMass Memorial Health Care makes $10M profit in 2017

Worcester-based UMass Memorial Health Care was profitable for a fourth straight year in the latest budget period but less so than the three previous years, system officials said.

The Pawtucket Red Sox and Rhode Island officials are reviewing a new proposal for a new $83-million ballpark in Pawtucket to transfer half of the ballpark naming rights to Pawtucket, revenue expected to be at least $250,000 annually.

Community development group Worcester Common Ground is proposing a $13-million, 31-unit affordable housing rental project at Chandler Avenue the group hopes will help liven up the neighborhood.

Owner of T&G, MetroWest Daily News buys Boston Herald

GateHouse Media, the owner of the Telegram & Gazette, the MetroWest Daily News and dozens of papers across Massachusetts, has reached an agreement to buy the Boston Herald.

Biostage delisting effective Dec. 18

Holliston biotech Biostage will officially be delisted on Dec. 18 from the Nasdaq Stock Excahnge, after failing to keep a high enough stock price.

Office building in Acton sold for $1.5M

A nearly 19,000-square-foot building at 40 Nagog Park in Acton has been sold for $1.5 million, O'Brien Commercial Properties announced Wednesday.

Anticipating that the Supreme Court might rule next year that states can legalize sports wagering, the Massachusetts Gaming Commission on Thursday resolved to prepare research on the topic.

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