Massachusetts business news

Massachusetts Faces Surge in Bankruptcy Filings Amid Crisis

News Summary Massachusetts is experiencing a dramatic increase in bankruptcy filings, with a staggering 48% rise in business cases in…

2 months ago

Hasbro Considers Relocating Headquarters to Boston

News Summary Hasbro Inc. is contemplating a move from Pawtucket, Rhode Island, to Boston, Massachusetts, as CEO Chris Cocks explores…

2 months ago

Massachusetts Cannabis Industry Faces Tough Times

News Summary Massachusetts' cannabis industry is experiencing significant challenges despite record sales of $1.6 billion. Local operators are struggling with…

2 months ago

Joann Stores Close Their Doors Across the Nation

News Summary In a surprising announcement, Joann, the popular fabric and craft retailer, will be closing about 500 of its…

2 months ago

Massachusetts Faces Tech Layoff Wave in 2024

News Summary In 2024, Massachusetts is grappling with a wave of tech layoffs that has already affected nearly 5,000 workers…

2 months ago

Massachusetts Residents Breathe a Sigh of Relief with Gas Rate Cuts

News Summary In a bid to alleviate the financial strain caused by soaring gas bills, the Massachusetts Department of Public…

2 months ago

Boston’s Commercial Real Estate Faces Crisis Amid Remote Work Trends

News Summary Boston is experiencing a significant crisis in its commercial real estate sector due to the rise of remote…

2 months ago

Greater Boston’s Economic Landscape: Thriving Yet Challenging

News Summary Greater Boston is experiencing economic growth while also facing demographic challenges and infrastructure hurdles. With a steady increase…

2 months ago

Kennametal Inc. Shuts Down Greenfield Plant, Job Losses Ahead

News Summary Kennametal Inc. has announced the closure of its Greenfield, Massachusetts plant by April 2025, resulting in the layoff…

2 months ago