Massachusetts business news

Layoffs Loom for CVS Health Employees in Wellesley

News Summary CVS Health is set to lay off 183 employees from its Wellesley office by May 3, according to…

1 month ago

Grassi and Anstiss & Co. Merge to Enhance Client Services

News Summary Grassi, a leading advisory, tax, and accounting firm, has announced a strategic partnership with Anstiss & Co. in…

1 month ago

Massachusetts Utility Companies Reduce Rates Amid Energy Debate

News Summary Massachusetts utility companies such as National Grid and Eversource are implementing temporary rate reductions for energy bills starting…

1 month ago

Massachusetts Health Insurer Reports Historic Losses

News Summary Blue Cross Blue Shield of Massachusetts has revealed an unprecedented operating loss of $400.4 million for 2024. This…

1 month ago

Freetown Workers Celebrate New Contract with Stop & Shop

News Summary Workers at the Freetown distribution center are celebrating after Teamsters Local 25 secured a tentative six-year contract with…

1 month ago

Massachusetts Job Uncertainty as Bristol Myers Squibb Cuts Costs

News Summary Bristol Myers Squibb has announced plans to ramp up cost-cutting measures, aiming for an additional $2 billion in…

1 month ago

New Vascular + Vein Center Opens in Lowell, MA

News Summary The Tufts Medicine Vascular + Vein Center has officially opened in Lowell, MA, providing comprehensive vascular care to…

1 month ago

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.,…

1 month 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…

1 month 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…

1 month ago