The latest Central Massachusetts business news
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Wednesday, July 25, 2018
 
Worcester's Hangover Pub to reopen Friday
 
The Hangover Pub, the Green Street bacon-based restaurant shuttered amid an ongoing inquiry into other Worcester restaurants being a launder for drug money, will reopen on Friday.
 
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Alternatives, The Bridge of Central Mass. announce $82M merger
 
Human services organizations Alternatives Unlimited of Whitinsville and The Bridge of Central Massachusetts in Worcester have announced an affiliation creating a combined workforce of more than 1,200 and more than $82 million in funds.
 
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Home prices spike 11% in Worcester County, 6% statewide
 
Median home sale prices in Worcester County hit $307,000 in June, a 10.9-percent increase from the previous year, according to a report by the Boston real estate firm Warren Group Wednesday.
 
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Board to take up Franklin pot grower application, but no testing facilities
 
The Cannabis Control Commission on Thursday is expected to take up license applications from a Franklin-based grower, but no licenses for a testing facility will be heard.
 
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Boston Scientific asks shareholders to reject $95.7M mini-tender
 
Canadian private investment firm TRC Capital wants to invest up to $95.7 million in Boston Scientific in a mini-tender offer, but the company says the firm’s per-share offering is well below market value.
 
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Former Fitchburg school sold for residential project
 
A plan to renovate a former Fitchburg school into affordable housing has taken a step forward.
 
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Boston Scientific profits $555M in Q2
 
Marlborough medical device giant Boston Scientific reported a $555 million profit and nearly $2.5 billion in sales for the second quarter, near the top end of the company’s guidance range.
 
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Regional Roundup
 
 
The List: Top human service nonprofits
 
Ranked by total revenue for most recent fiscal year available
 
Seven Hills Foundation and Affiliates, Worcester
$205.3 million
The New England Center for Children, Southborough $82.6 million
Advocates, Inc., Framingham $82.3 million
South Middlesex Opportunity Council, Framingham $75.8 million
Ascentria Care Alliance, Worcester $75.7 million

Source: GuideStar, Foundation Center Directory, individual nonprofits
To read the rest of this list, visit WBJournal.com. 
 
 
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Ofo bikeshare leaving Worcester
 
 
$500K state grant to benefit new Worcester market
 
 
Central Mass. care centers staff at above-average levels
 
 
Tree House Brewing's expansion gets town approval
 
 
The most influential people in the Central Mass. economy
 
 
Former legislator tapped for UMMHC post
 
 
Red Sox writer: Worcester has momentum to land PawSox
 
 
Micron Products lands patent for non-lethal projectile system
 
 
Joyce Murphy stepping down from Commonwealth Medicine
 
 
 
 

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