Massachusetts business news

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…

4 weeks 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,…

4 weeks 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…

4 weeks 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…

4 weeks 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…

4 weeks ago

LL Flooring to Close Its Doors Nationwide

News Summary LL Flooring, formerly Lumber Liquidators, has announced it will close all locations after filing for Chapter 11 bankruptcy.…

1 month ago

New Tariffs Impact Canadian and Mexican Imports

News Summary President Trump's recent decision to impose new tariffs on imports from Canada and Mexico has sparked widespread concern…

1 month ago

Massachusetts Saves Big with Federal Lease Terminations

News Summary The cancellation of 17 federal leases in Massachusetts will save the state over $22 million. While it benefits…

1 month ago