Massachusetts business news

Seven Hills Realty Trust Acquires Club Quarters Hotel

News Summary Seven Hills Realty Trust has obtained a $45 million loan to purchase the Club Quarters Hotel in downtown…

1 month ago

Wayfair Announces Major Layoffs Impacting 340 Employees

News Summary Wayfair, the home goods retailer, has shocked the workforce by laying off 340 employees as part of a…

1 month ago

Pittsfield’s Hot Plate Brewing Co. Ranks as Top New Brewery

News Summary Hot Plate Brewing Co. in Pittsfield, Massachusetts, has quickly become a standout in the craft beer industry, ranking…

1 month ago

Springfield Faces Rising Energy Costs: What You Need to Know

News Summary Springfield residents are dealing with escalating energy bills, despite a 10% rate decrease set for March 2025. The…

1 month ago

Thermo Fisher Scientific Cuts 300 Jobs in Massachusetts

News Summary Thermo Fisher Scientific announces plans to lay off 300 employees across its manufacturing facilities in Cambridge and Plainville,…

1 month ago

CVS Health Shuts Down Accountable Care Business in Wellesley, Job Losses Expected

News Summary CVS Health has announced the closure of its accountable care business in Wellesley, Massachusetts, leading to the layoff…

1 month ago

Economic Update from New England: Mixed Signals

News Summary New England's economy reflects mixed signals under President Trump's administration, with improvements in retail and housing, but challenges…

1 month ago

New Retail Developments in Revere: Ollie’s and Burlington Arrive

News Summary Revere is set for a retail transformation with the arrival of Ollie's Bargain Outlet and Burlington, taking over…

1 month ago