Massachusetts business news

Joann to Close 500 Stores Nationwide Amid Bankruptcy

News Summary Joann, the popular craft store chain, announced it will be closing 500 of its stores across the U.S.,…

2 months ago

Elon Musk’s Political Influence Affects Tesla Sales

News Summary Elon Musk's increasing political associations are leading to a decline in Tesla sales, especially in Massachusetts. Customer sentiment…

2 months ago

Massachusetts Faces NIH Funding Cuts Amid Economic Concerns

News Summary Massachusetts is bracing for significant funding cuts from the National Institutes of Health (NIH), which could jeopardize healthcare…

2 months ago

Massachusetts Considers New Sales Tax on Cable Boxes

News Summary Massachusetts is exploring the implementation of a 6.25% sales tax on rented or leased cable boxes. The Department…

2 months ago

Costco Grand Opening Set for Sharon, Massachusetts

News Summary Costco is set to open its new store in Sharon, Massachusetts on March 12, 2024. This 162,000 square-foot…

2 months ago

Massachusetts Gas Bills Set for Significant Reduction

News Summary Utility companies Eversource and National Grid are set to implement a 10% reduction in gas bills for Massachusetts…

2 months ago

Mohr Capital Acquires Key Industrial Properties

News Summary Mohr Capital has successfully acquired two industrial properties in Plymouth, Massachusetts and Lexington, Kentucky, integral to the automotive…

2 months ago

AstraZeneca Invests $3.5 Billion in Cambridge Expansion

News Summary AstraZeneca is set to invest $3.5 billion in expanding its research and manufacturing operations in Cambridge, Massachusetts, by…

2 months ago

Massachusetts Hospitality Businesses Shine in 2025 Star Awards

News Summary Massachusetts has reason to celebrate as 31 remarkable hospitality businesses have been featured in Forbes Travel Guide's 2025…

2 months ago

Massachusetts Gas Providers Propose Rate Decrease

News Summary Eversource and National Grid are proposing a 10% decrease in natural gas bills for March and April 2025…

2 months ago