Worcester Business Journal

Worcester Business Journal The business news source for Central Massachusetts. In print. Online. In person.

Last call - sales end Thursday, Oct. 23Please join us to celebrate this year's Outstanding Women in Business awards on O...
10/22/2025

Last call - sales end Thursday, Oct. 23
Please join us to celebrate this year's Outstanding Women in Business awards on Oct. 30. - Pre-registration is required
Use this link to register: https://ow.ly/bHnc50X141U
Thank you to our presenting sponsors: Mass General Brigham Health Plan and Nichols College, corporate sponsor: Southbridge Credit Union and supporting sponsors Marsh McLennan and The Hanover Theatre and Conservatory for the Performing Arts

The Blue Cross Blue Shield of Massachusetts Foundation, a Boston-based organization providing grants to healthcare provi...
10/22/2025

The Blue Cross Blue Shield of Massachusetts Foundation, a Boston-based organization providing grants to healthcare providers across Central Massachusetts and the state, has named its new incoming CEO.

Kaitlyn Kenney Walsh will assume her leading roles as president and CEO of the BCBSMA Foundation come Jan. 1.

A City of Worcester report has confirmed fiscal 2025 saw another revenue shortfall in Worcester’s ballpark district, wit...
10/22/2025

A City of Worcester report has confirmed fiscal 2025 saw another revenue shortfall in Worcester’s ballpark district, with slower-than-expected development of key parcels surrounding the Polar Park stadium expected to cause another shortfall this fiscal year.

The letter said the shortfall was caused by the postponement of construction in the district, which Batista said was the result of an unpredictable market, high construction costs, and high interest rates.

A cast iron fountain from the 1800s has taken a long journey of restoration to now be installed and displayed at Beechwo...
10/22/2025

A cast iron fountain from the 1800s has taken a long journey of restoration to now be installed and displayed at Beechwood Hotel in Worcester.

A cast iron fountain from the 1800s has taken a long journey of restoration to now be installed and displayed at Beechwood Hotel in Worcester. In early 2019, Dr. Charles […]

Lia Spiliotes was one hour into her flight from Boston to Greece when she heard President Donald Trump link the use of T...
10/21/2025

Lia Spiliotes was one hour into her flight from Boston to Greece when she heard President Donald Trump link the use of Tylenol and its active ingredient acetaminophen during pregnancy to autism.

Spiliotes, the president and CEO of Marlborough nonprofit Crossroads Continuum, had received a text from her assistant and immediately watched the already viral Sept. 22 press conference.

It was heinous, she said.

Throughout Central Mass., healthcare organizations, nonprofit leaders, and practitioners are working to combat a startling and unsettling rise in medical misinformation and disinformation.

The Esler Family Foundation’s donation brings its total contribution to the United Response Fund up to $200,000, after a...
10/21/2025

The Esler Family Foundation’s donation brings its total contribution to the United Response Fund up to $200,000, after an initial investment of $100,000 the foundation made last month, according to a press release issued by UWCM on Monday.

The United Way of Central Massachusetts’ efforts to establish an emergency fund for the region’s nonprofits have been boosted through an additional $100,000 matching donation from a charity founded by a Sutton couple.

Spurred by mortgage rate cuts and an increase in inventory, Central Massachusetts saw an increase in home sales in Septe...
10/21/2025

Spurred by mortgage rate cuts and an increase in inventory, Central Massachusetts saw an increase in home sales in September compared to last year, even as prices continue to march upwards.

Cassidy Norton, associate publisher and media relations director of The Warren Group, said September’s data represents an ongoing shift in the market.

Harrison Klein, managing director, investments at the Boston office of California-based Marcus & Millichap, shares some ...
10/21/2025

Harrison Klein, managing director, investments at the Boston office of California-based Marcus & Millichap, shares some tips on making sure your next commercial property transaction is a smooth one.

Harrison Klein, managing director, investments at the Boston office of California-based Marcus & Millichap, offers some tips for smooth transactions.

The acquisition will see Blackstone and TPG pay shareholders up to $79 per share: $76 of which is guaranteed, with up to...
10/21/2025

The acquisition will see Blackstone and TPG pay shareholders up to $79 per share: $76 of which is guaranteed, with up to an additional $3 per share contingent on Hologic’s breast health business meeting certain revenue goals in fiscals 2026 and 2027.

Medical device manufacturer Hologic is going from a publicly traded company to a private business as the Marlborough-based firm is to be acquired for up to $18.3 billion.

The historic gift will support Clark’s strategic plan and restructuring efforts, initiatives the university announced in...
10/21/2025

The historic gift will support Clark’s strategic plan and restructuring efforts, initiatives the university announced in June in response to both the changing landscape of higher education and a significantly reduced freshman class.

Clark University has received the largest single gift in the Worcester school’s 138-year history, which the Worcester school will use to fund its restructuring plan announced in June that includes laying off up to 30% of its faculty.

The sales price breaks down to about $424,324-per-unit.
10/20/2025

The sales price breaks down to about $424,324-per-unit.

Alta on the Row, a 370-unit apartment community built in Worcester in 2024, has been sold to a Boston-based investment group for $157 million. An entity belonging to Eaton Vance […]

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