Massachusetts economy

Mercury Systems Announces Job Cuts in Andover

News Summary Mercury Systems Inc., based in Andover, Massachusetts, will be laying off 145 employees in a bid to streamline…

2 months ago

Freetown Workers Face Uncertain Future as Strike Looms

News Summary As negotiations between Stop & Shop and Teamsters Local 25 hit roadblocks, thousands of employees at the Freetown…

2 months ago

Massachusetts Housing Crisis: New Solutions Emerging

News Summary Massachusetts is grappling with a severe housing crisis, with home prices soaring and rental costs skyrocketing. Despite efforts…

2 months ago

Gas Bill Relief Coming to Massachusetts Residents!

News Summary Massachusetts residents can expect relief with a 5% reduction in gas bills for March and April, as ordered…

2 months ago

Massachusetts Faces Surge in Bankruptcy Filings Amid Crisis

News Summary Massachusetts is experiencing a dramatic increase in bankruptcy filings, with a staggering 48% rise in business cases in…

2 months ago

Massachusetts Cannabis Industry Faces Tough Times

News Summary Massachusetts' cannabis industry is experiencing significant challenges despite record sales of $1.6 billion. Local operators are struggling with…

2 months ago

Joann Stores Close Their Doors Across the Nation

News Summary In a surprising announcement, Joann, the popular fabric and craft retailer, will be closing about 500 of its…

2 months ago

Residents in Massachusetts Celebrate Gas Bill Reductions

News Summary In a welcome change, the Massachusetts Department of Public Utilities has ordered a minimum 5% cut in residential…

2 months ago

Massachusetts Faces Tech Layoff Wave in 2024

News Summary In 2024, Massachusetts is grappling with a wave of tech layoffs that has already affected nearly 5,000 workers…

2 months ago

Massachusetts to Repay $2.1 Billion in Pandemic Funds

News Summary Massachusetts faces a repayment of $2.1 billion to the federal government due to the improper allocation of pandemic…

2 months ago