Massachusetts business news

Eastern Bank and HarborOne Bancorp to Merge in $490 Million Deal

News Summary Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. have announced a definitive merger agreement worth approximately $490 million. This…

4 hours ago

Massachusetts Sees Surge in Millionaires Despite New Tax

News Summary A recent report by the Institute for Policy Studies reveals a substantial 38.6% increase in millionaires in Massachusetts,…

4 hours ago

Massachusetts Millionaires Flourish After Tax Changes

News Summary Following the approval of the Fair Share Amendment, Massachusetts has seen a significant surge in millionaires, with a…

1 day ago

Bertucci’s Restaurant Chain Closes Multiple Locations in Massachusetts

News Summary Bertucci's Restaurant has announced the closure of several locations across Massachusetts and Rhode Island, due to financial struggles…

2 days ago

Joann Fabric Stores to Close All Locations Amid Bankruptcy

News Summary Joann Fabric Stores has announced the closure of all its locations across the United States following the filing…

2 days ago

Massachusetts Millionaires Tax Boosts Wealth Retention

News Summary Massachusetts' 4% surtax on incomes exceeding $1 million has led to an increase in wealthy residents, with the…

2 days ago

Massachusetts Waves Farewell to Bertucci’s: Four Locations Close

News Summary Bertucci's Italian Restaurant has closed four locations in Massachusetts amid its third bankruptcy filing since 2018. The affected…

3 days ago

Braintree Bids Farewell to Bertucci’s Locations as Bankruptcy Strikes Again

News Summary Bertucci's Italian restaurant chain has announced the closure of five locations in Braintree and surrounding Massachusetts towns amidst…

3 days ago

Bertucci’s Closes Several Locations Amid Bankruptcy Filing

News Summary Bertucci's, the well-known Italian restaurant chain, has closed four locations in Massachusetts as it filed for Chapter 11…

3 days ago