The latest Central Massachusetts business news
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Tuesday, April 10, 2018
 
Charlton, Worcester lead charge against opioid makers
 
In the 1990s, there was retribution for the public health damage done by tobacco companies. Now, the pharmaceutical manufacturing and distribution industry could be on track to settle another landmark public health lawsuit.
 
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Worcester ranks behind Springfield, Boston in best places to live U.S. News report
 
According to a new national ranking of best places to live, Worcester is still behind Boston and Springfield, but ahead of Providence, R.I. and New Haven, Conn.
 
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Carpenters union, N.J. company reach $15K settlement on Worcester project
 
A local carpenters union and a construction company that helped build apartments in Worcester have reached a settlement after a carpenter was fired after attempting to organize.
 
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Mass. gas prices up 33 cents over last year
 
Massachusetts drivers are paying an average of 33 cents more per gallon for gasoline than this time last year, according to AAA Northeast.
 
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RXi Pharmaceuticals lands $4.9M investment
 
Marlborough startup drugmaker RXi Pharmaceuticals has agreed to terms with several entities for a $4.9 million investment intended to help fund preclinical and clinical work of the company’s cancer treating drugs.
 
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AMSC: Trump the first to combat Chinese trade secret thefts
 
Despite reports saying U.S. companies are concerned about a brewing trade war with China, one Central Massachusetts company is applauding the Trump Administration's efforts to get tough on the country.
 
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Mount Wachusett opens doors to displaced Mount Ida vet tech students
 
Mount Wachusett Community College is starting an initiative to attract veterinary technician students at Mount Ida College who will be displaced at the end of the semester.
 
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Regional Roundup
 
 
Question of the Week
 
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Since late March, Massachusetts Attorney General Maura Healey has called for the closure of the competitive electric supply industry, saying ratepayers who make the switch end up paying more money and businesses unfairly target minorities and low-income ratepayers. The state Legislature is now planning oversight hearings to investigate companies cited by Healey.
Should the competitive electricity supply industry be shut down in Massachusetts?
Yes. The benefits are negligible and to fix the industry would require too much oversight.
No. But major reform is needed to eliminate shady practices.
No. Suppliers offer significant savings if you know what you are doing.

 
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Allegro MicroSystems to leave Worcester after 53 years
 
 
Worcester's Hangover Pub, Broth to close
 
 
New Worcester Regional Airport service to be announced
 
 
Hudson microcreamery, six other Central Mass. companies land $600,000 in workforce grants
 
 
Reliant Foundation becomes independent nonprofit following Optum merger
 
 
Worcester State signs agreement with UMass Law
 
 
Baker proposal would rate homes on energy efficiency
 
 
Toys “R” Us closures create next evolution in big box tenants
 
 
Central Mass. communities marketed as BioReady
 
 
 
 

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