Archive for January 2025

  The 338 community and regional financial institutions in Massachusetts play a crucial role in supporting local economic development and growth.  Read More

  Canada, Mexico and China are the Bay State’s largest trading partners, as Massachusetts trades a combined $29 billion worth of goods with the trio each year, Healey said in an address to business leaders.  Read More

  The maker of AI-based security-screening systems appointed a new top executive last year after former CEO Peter George was terminated “without cause” in October.  Read More

  The credit unions in Massachusetts with the fastest-growing commercial loan portfolios reported loans valued at $4.99 billion as of Sept. 30, 2024 marking a 7.83% increase over what was reported in the year-earlier period. The online version of this ranking expands beyond what appears in print; another five lenders are included in our digital…

  The banks in Massachusetts with the fastest-growing commercial and industrial loan portfolios reported loans valued at $20.11B as of Sept. 30, 2024 marking a 6.16% increase over what was reported in the year-earlier period. A total of 98 banks were considered; of those, 55 recorded a positive year-over-year change, 1 was even, 38 were…

  The $1.8 million “digital hospital” was created to make headway of many of UMass Memorial’s strategic goals– including adopting and developing new technologies that better enable patient care in remote settings.  Read More

  Many workers seeking new jobs have turned to generative AI to help automate or speed up what are often repetitive, time-consuming tasks.  Read More

  “Agentic AI” is a hot investment sector in 2025 for both consumer and enterprise applications.  Read More

  Gov. Maura Healey filed a fiscal year 2026 budget totaling $62 billion that would continue popular but pricey programs such as universal school meals and pursue new policies such as traffic violation enforcement cameras.  Read More

  We’re spotlighting what one CEO says is a prime issue for data centers, layoffs at a big name in the food-and-beverage space, and an airline’s expansion of its East Coast offerings. But first, we examine why one finance executive believes commercial real estate losses will remain “lumpy.”  Read More