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Archive for May 2025

Five things: World Cup game prices, GSK, Cape Cod’s name and an economic introduction

By ericg | May 15, 2025 | 0

  Here are the five things you need to know in local business news to start your busy Thursday, including World Cup game prices, GSK’s latest buy, how Cape Cod got its name and economic experts offer their thoughts  Read More

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Opportunity Zones could get a big makeover under tax proposal

By ericg | May 15, 2025 | 0

  Under a recent tax proposal, the federal Opportunity Zone program may get extended to 2033 — with some major changes.  Read More

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Harvard dedicates $250 million to self-fund research in response to gov’t pullback

By ericg | May 14, 2025 | 0

  Harvard University said it “cannot absorb the entire cost” of research funds lost in federal cuts but would dedicate $250 million to support research affected by the government’s pullback.  Read More

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A lucrative tax credit may get a new deadline that could freeze out small-business owners

By ericg | May 14, 2025 | 0

  Thousands of small businesses could be left without a refund under a proposed plan for the Employee Retention Credit.  Read More

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Six takeaways from new economic secretary Stolba, Boston Fed economist

By ericg | May 14, 2025 | 0

  Massachusetts’ new interim economic development secretary made her debut address to business leaders Wednesday morning.  Read More

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Healey halts executive branch hiring as federal funding cuts loom

By ericg | May 14, 2025 | 0

  Gov. Maura Healey is freezing most hiring in state government’s executive branch in the face of what her office described as “widespread economic uncertainty at the national level and a tightening budget outlook.”  Read More

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Massachusetts strip mall sells for $7M

By ericg | May 14, 2025 | 0

  A small retail center that’s anchored by a ConvenientMD urgent care clinic has sold for $7.2 million.  Read More

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Lenders face tough choices as $957B in commercial mortgages come due this year

By ericg | May 14, 2025 | 0

  Borrowers and lenders are figuring out how to handle commercial real estate properties that have lost significant value since they were last refinanced.  Read More

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Massachusetts students win Apple coding challenge with fitness and art apps

By ericg | May 14, 2025 | 0

  Apple has selected 350 students worldwide for its prestigious coding competition, including two from Massachusetts universities who created innovative apps for art and fitness.  Read More

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Fitchburg nonprofit warns of potential layoffs as state phases out hotel-based shelters

By ericg | May 14, 2025 | 0

  As the state moves away from hotel-based shelters, a central Massachusetts organization that runs them is working to minimize the impact on its employees and the families it serves.  Read More

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