The latest Central Massachusetts business news
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Tuesday, February 20, 2018
Boardroom Gap: Central Mass. businesswomen in leadership feel marginalized
Interrupted, ignored, made to feel like they don't exactly belong.
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Feds: Hidden drug money used to open, operate The Chameleon
The Chameleon, the short-lived restaurant that took the place of The Usual on Shrewsbury Street in Worcester, was opened using proceeds from the former owner's illegal drug sales, federal prosecutors allege.
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Biotech lab developer to purchase MetroWest Daily News building
A pharmaceutical and biotech campus development firm is set to purchase the former MetroWest Daily News building in Framingham.
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Acton mobile firm begins 5G network trials
Acton mobile technology firm Affirmed Networks is testing what it calls the wireless industry's first 5G network in North America and the Middle East, the company announced Tuesday.
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Ameresco completes $3.7M Scotland energy project
Framingham renewable energy company Ameresco has completed a $3.7-million energy savings project at four Scotland colleges, the company announced Tuesday.
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IPG Photonics purchases 10 acres in Oxford
Oxford laser equipment manufacturer IPG Photonics has purchased 10 acres of land just four miles away from its current headquarters.
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Southbridge firm to pay $400K over unnecessary urine tests
A settlement with the state Attorney General Maura Healey's office will see a Southbridge clinical laboratory pay more than $400,000 to resolve claims it billed MassHealth for unnecessary drug screens.
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Regional Roundup
Question of the Week
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In the United States, 16.6 percent of corporate board members in the United States are female, putting the U.S. behind Western counterparts, including Norway and France, which double the American rate. New laws in those two countries require public companies to have women in 40 percent or more of their board positions, while other countries including Belgium, Germany and Italy, require a 30-percent threshold.
Should Massachusetts or the U.S. have a law requiring public companies to have a certain percentage of women on their boards?
No. The percentage of female board members is rising quickly enough and will eventually reach an equal balance.
Yes. Progress has been too slow and drastic action is needed.
No. Companies shouldn't be required to have a percentage of any demographic on their boards
Yes. But the law should allow for exceptions and be phased in over a long period of time.

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Worcester MA, 01604