News Summary Massachusetts is experiencing a dramatic increase in bankruptcy filings, with a staggering 48% rise in business cases in 2023, reaching 294 filings. Factors
News Summary Deloitte’s 2024 North America Technology Fast 500 list features an impressive 34 companies from Massachusetts, including nine in the top 100. This showcase
News Summary Hasbro Inc. is contemplating a move from Pawtucket, Rhode Island, to Boston, Massachusetts, as CEO Chris Cocks explores potential tax incentives. The company’s
News Summary Massachusetts’ cannabis industry is experiencing significant challenges despite record sales of $1.6 billion. Local operators are struggling with rising costs, regulatory issues, and
News Summary In a surprising announcement, Joann, the popular fabric and craft retailer, will be closing about 500 of its 800 U.S. stores. This decision
News Summary In 2024, Massachusetts is grappling with a wave of tech layoffs that has already affected nearly 5,000 workers in the state. The tech
News Summary Workers in Freetown, Massachusetts, faced uncertainty as Stop & Shop threatened to close its distribution center due to stalled negotiations over healthcare benefits.
News Summary In a bid to alleviate the financial strain caused by soaring gas bills, the Massachusetts Department of Public Utilities has mandated a 5%
News Summary Massachusetts has launched a new initiative, the National Guard Hiring Tax Credit, to encourage small businesses to hire active members of the National
News Summary Kennametal Inc. has announced the closure of its Greenfield, Massachusetts plant by April 2025, resulting in the layoff of 54 employees. The decision
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