The latest Central Massachusetts business news
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Friday, December 8, 2017
EcoTarium attendance grew 32% under Cox
The attendance at Worcester children's museum EcoTarium grew more than 30 percent under departing president Joe Cox and is on track for an all-time year in 2017.
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UMass Memorial Health Care profitable, but less so than before
Worcester-based UMass Memorial Health Care was profitable for a fourth straight year ending in September, but less so than the three previous years, system officials said.
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Foreclosures down sharply in Central Mass.
Foreclosure petitions in Central Massachusetts fell by 52 percent in Worcester County and 50 percent in Middlesex County in October, accelerating a trend that lasted through the year.
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Owner of vacant Milford plaza seeks public's help
Fafard Real Estate, which owns the Quarry Square Shopping Center in Milford, is asking the public for input on possible new anchors to fill 135,000 square feet of retail space.
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Worcester shop pleads guilty to $282K in food-stamp fraud
Esther's Fashion Paradise, a store in Main South in Worcester, illegally took food-stamp benefits in exchange for cash, its owner acknowledged in federal court Wednesday.
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FDA approves Sunovion's lung disease drug
Sunovion Pharmaceutics of Marlborough has received U.S. Food and Drug Administration approval for a new drug treating COPD, or chronic obstructive pulmonary disease.
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SeaChange revenue up 17%
SeaChange International, a video streaming company, saw revenues up by 17 percent in the third quarter and the company nearly broke even after sustained losses.
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Regional Roundup
Week in review
Off to New York -- soon
A long-anticipated flight from Worcester Regional Airport to New York's John F. Kennedy International Airport will finally begin next May 3. It's jetBlue's third destination from Worcester, but with only one departure to New York each day, at 6:04 a.m. The route is due at least in part to the imminent completion of a new $32-million landing system at the airport.
Worcester commercial rates to rise
Despite urging from the business community and Worcester Regional Chamber of Commerce, the Worcester City Council adopted tax rates shifting more of the tax burden to commercial properties. The Council voted to set the rate at $18.91 per $1,000 valuation for residential taxpayers, and $34.03 for commercial taxpayers.
Buying spree continues for Railers owner
Worcester Railers owner and businessman Cliff Rucker has purchased the Main Street block housing popular restaurant deadhorse hill for $2.65 million. The building includes the restaurant Rice Violet, the salon Friendly Nails, and law and commercial offices on the upper floors. The block is adjacent to two other buildings Rucker owns: the Worcester Palladium and the 311 Main St. building housing law firm Bowditch & Dewey. He also owns the Fidelity Bank Worcester Ice Center.
Most Read
First Worcester County pot dispensary opens in Leicester
NYC executive opens Worcester marketing agency
MAPFRE Insurance restructures, ceases operation in five states
Worcester Sun acquires Mass Foodies print rights
Saint-Gobain acquires Pennsylvania manufacturer
Rucker buys deadhorse hill building for $2.7M
Consigli, Framingham firm to pay $275K in asbestos settlement
Chick-fil-A opening in Worcester Oct. 26
Stop & Shop opens in $20M renovated Milford plaza

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