Archive for April 2020
New Mass. unemployment claims approach 750,000 since virus set in
Nationwide, another 3.8 million people filed for unemployment last week, according to new federal data. Read More
Read MoreSo you landed a PPP loan. Here are some tips for Mass. businesses.
Now that you have the financing, you need to stick to the SBA’s rules, to ensure as much of the loan is forgiven as possible. But that’s not easy. Read More
Read MoreMass. restaurants mull the once-unthinkable: Giving up PPP money
Some restauranteurs have already turned down the loans after applying for them, afraid of taking on major debt and eager to take advantage of a different stimulus program that bars PPP recipients. Read More
Read MoreFive things you need to know today, and we took it on the chin
Good morning, friends. Here are the five things you need to know to start your day and some economic numbers you don’t want to read while eating breakfast. Read More
Read MoreMass. manufacturer that helped out during both World Wars takes on Covid-19
There was more than a century of precedent when the fourth-generation company made the decision to pivot to produce medical gowns for frontline health care workers fighting the Covid-19 pandemic. Read More
Read MoreLargest Moving and Storage Companies in Mass.
Rank Business/Prior rank (*unranked in 2019)/ Number of trucks in Mass. Total number of employees in Mass. No. of residential moves originating in Mass. in 2019 No. of commercial moves originating in Mass. in 2019 Hourly rate for two workers and a truck (lowest rate) Types of services 1 Sterling Corp., 20 Industrial Ave., Chelsmford,…
Read MoreVertex sets higher 2020 revenue target due to ‘remarkable’ CF drug sales
While other companies are tempering or staying mum on annual sales forecasts amid the COVID-19 pandemic, booming sales of its new cystic fibrosis drug have led Vertex to increase its expectations. Read More
Read MoreMassachusetts daycare centers fear permanent closures
Daycares United, a coalition for childcare facilities across Massachusetts, sent a letter to Gov. Charlie Baker on Wednesday requesting assistance as many are unsure they’ll be able to reopen after the coronavirus pandemic. Read More
Read MoreRetailers want employee access to closed stores
With the special occasion around the corner, florists are among the non-essential businesses that are being told to remain closed through at least May 18. But some retail industry leaders are starting to ask whether Gov. Charlie Baker’s closure order needs to be as strict as it is. Read More
Read MoreCovid-19 causes Mass. GDP to shrink at 6% pace
The figure fails to “reflect the full severity of the pandemic-induced downturn,” MassBenchmarks editors warned in a note. Read More
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