Mass Business Blog

News and Perspectives on Massachusetts Business and Economy

Hologic plans to move HQ to Marlborough

Marlborough is about to become home to another life sciences company. Bedford-based Hologic Inc. plans to move its headquarters to the city. The relocation would add 150 employees to the 450 who currently work at two Hologic offices in Marlborough. Hologic, a manufacturer of a variety of testing and...

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Massachusetts Gambles on Casinos for Economic Pay Day

Last week marked the opening of the Plainridge Park Casino, the first of potentially many new slot parlors in the state of Massachusetts. Doors officially opened on Wednesday to an eager herd of gamblers, including several special guests and state gambling regulators. The grand opening took place amongst a haze of doubt as many continue to wonder...

Relaxed Regulations on Food Trucks Could Be Driving Up Busin...

Massachusetts, and Worcester in particular, is a place known for embracing the American Dream in all its many forms. Now, the Worcester city administrators are looking at changing the rules governing one particular form of the big dream. Food trucks are a novel interpretation of American entrepreneurship, allowing aspiring chefs to open a small...

One-Year Extension for Massachusetts to Comply with Obamacar...

Massachusetts has been given an additional year to comply with the Affordable Care Act, following a trend of deadline extensions. Initially granted a one-year extension in 2013, they have now been granted another year to get the program aligned with federally mandated standards. Governor Baker has asked for an “indefinite extension” citing that...

Worcester Businesses Meet to Discuss Growth and Regulation

Four local business leaders met in Worcester recently to discuss the fact that the city is growing at a phenomenal rate, despite the tight rein of regulations on business in the area. The discussion, which was named “Acting Locally”, was hosted by the Worcester Regional Research Bureau, and featured guest speakers from some of the...

MassHealth Mistakes Cost Taxpayers Over $500M

In an audit of MassHealth—the MA Medicaid agency—released Tuesday, June 16th, by Massachusetts Auditor, Suzanne Bump, reported that the commonwealth’s health care program has wasted over 500 million dollars over the last five years. The errors resulted in duplicate payments being made for health services that were provided in the years...

Massachusetts Unemployment Rates Reach Pre-Recession Levels

Recently, the unemployment rate has dropped significantly in the Commonwealth of Massachusetts. This drop has led to an increase in job opportunities for millions of workers in Massachusetts. Indeed, the outlook for employment in the commonwealth is better than it has been in a decade, and it is expected to continue to improve over the next...

Baker Pushes to Outsource MBTA

As local residents are undoubtedly aware, the governor of Massachusetts, Charlie Baker, has been making a push to outsource the Massachusetts Bay Transportation Authority (MBTA) system. This has resulted in considerable controversy, not only from concerned citizens who use the MBTA system daily, but also from industry safety experts and city and...

Solar Power Finally Gets Its Time In the Sun

Solar power is on the rise and threatening to unseat coal and nuclear power as the primary source of our energy. While the technology to harvest energy from our nearest star is nothing new, advances in efficient collection and storage have positioned solar power to take its place as a major power supplier over the next 30 years. Advocates of...

SNAP System Leaves Recipients Hungry for Change

The system of food stamp benefits available in Massachusetts is known as SNAP (Supplemental Nutrition Assistance Program). Lately, this system has been coming under fire as it has proven inadequate to meet the basic needs of poorer and elderly residents in the state. An Increasingly Bitter Cause Of Controversy While the system of food stamp...

Central Mass Adds 5K New Jobs

The latest state employment report contained some good news for Central Massachusetts, which posted some of the highest annual job gains in the state. The employment numbers showed the Worcester metropolitan area, essentially southern Worcester County, added an estimated 5,800 jobs from April 2014 to April 2015. The 2.1% increase was among the...

Solar Energy Industry: Lift of Net Metering Caps

Stalwarts and leaders of solar energy industry gathered on Tuesday to call for the lifting of the caps on solar production, which has been a major reason for impeding projects on the development of the solar power industry in the Bay State. This cap has been deterring some major companies to invest their money in solar energy projects and has...

Breathing Room for Some with Implementation of New Sick Time...

Massachusetts employers scrambling to overhaul their paid sick time policies ahead of new state regulations will get more time, but only if they already offer some kind of paid time off. The sick time reform law, passed by state voters in a ballot initiative last year, is scheduled to take effect on July 1. The changes will extend sick time to...

Hologic plans to move HQ to Marlborough

Marlborough is about to become home to another life sciences company. Bedford-based Hologic Inc. plans to move its headquarters to the city. The relocation would add 150 employees to the 450 who currently work at two Hologic offices in Marlborough. Hologic, a manufacturer of a variety of testing and diagnostic equipment, has asked the City...

Rolling Out the Welcome Mat for Artists in Central Massachus...

Massachusetts is known as a place of innovation and achievement in fields such as technology, medicine and manufacturing. It is also home to a vibrant community of artists practicing a broad spectrum of creative disciplines. But these painters, sculptors, performance artists and countless other less-easily-categorized creatives, face significant...

EMC Expands the Cloud with Purchase of Virtustream

Hopkinton-based data storage leader EMC Corp. has announced plans to acquire Virtustream, a privately held Maryland firm that specializes in migrating business software to the cloud. In announcing the deal, EMC said Virtustream would form the basis of EMC’s new managed cloud services business. EMC has been shifting its strategy to increase its...