| |
| The latest Central Massachusetts business news |
| Go here to view as a web page |
| |
| |
| |
| |
| |
| | | RXi Pharmaceutics extends runway in Q2 | | | | Despite reporting just $58,000 in second-quarter revenues, Marlborough drugmaker RXi Pharmaceuticals was able to significantly reduce its net loss, reduce its cash burn and extend its runway. | | | | Read more >> | | | | ReWalk shares dive 19% after lackluster earnings report | | | | Shares of Marlborough medical device maker ReWalk Robotics dropped 19 percent at Tuesday’s open after the company reported a second quarter loss of $5.8 million with $9.1 million in cash left on its balance sheet. | | | | Read more >> | | | | Gun reform activists to march from Worcester to gun manufacturer | | | | A survivor of the Parkland, Florida school shooting and the father of one of the victims plan to join Massachusetts students later this month for a 50-mile march calling for gun law reform. | | | | Read more >> | | | | | | Like us on Facebook for our latest business news |
|
| |
|
| | | Question of the Week | | | | Can't answer the question in your email? Click here to view as web page before commenting. | The wide-ranging Grand Bargain bill signed by Gov. Charlie Baker earlier this summer will bring the minimum wage to $15 an hour by 2023, tipped workers will make $6.75 by 2023 and a new paid family and medical leave program goes into effect in 2021, but higher pay on Sundays and holidays will be phased out by 2023. Which aspect of the Grand Bargain is your company most concerned with? The minimum wage hike. Such a drastic increase will force layoffs or price increases.
Paid leave. The cost of absent workers will really add up.
Tipped-worker wages. Struggling restaurants could be forced to close.
Time-and-a-half pay on Sundays and holidays. There will be no extra incentive for employees to work on those days.
| | |
|
| |
| |
| | | You are receiving this email because you are subscribed to the Daily Report at WBJournal.com. Click here to unsubscribe Know a friend or colleague who would like to subscribe? New subscribers can sign up here Worcester Business Journal
172 Shrewsbury Street
Worcester, MA 01604
United States |
|
