The latest Central Massachusetts business news
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Tuesday, September 4, 2018
 
How nearly 15 years of negotiations landed the PawSox in Worcester
 
Worcester is about one month away from the City Council approving construction of a $240-million stadium development to bring the Pawtucket Red Sox to the Canal District, but the coup for the city to lure the top minor-league affiliate of the historic baseball franchise from its...
 
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Two MassDevelopment redevelopment experts hired for Worcester, Fitchburg
 
MassDevelopment has hired four development experts to help redevelopment initiatives in four cities, including Worcester and Fitchburg.
 
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Mechanics Hall executive director retiring
 
Bob Kennedy, the executive director for Mechanics Hall for the past 12 years, is retiring next month. He will be replaced by Kathleen Gagne, the facility's vice director and chief development officer.
 
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Staples hopes to court Illinois supplier away from Atlanta merger
 
Framingham office supply retailer Staples is urging the shareholders of an Illinois wholesaler of office furnishings to reject a merger with another office supply distributor.
 
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Primetals to build wire rod mill for Indian manufacturer
 
The Worcester location of U.K.-based metal mill manufacturer Primetals Technologies has landed a contract with an India-based steel company to build a new wire rod mills next year.
 
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Worcester firm to treat OCD with brainwave device
 
Achieve TMS East, depression treatment firm with three Central Massachusetts locations using a brainwave stimulation device, now hopes to offer the treatment for obsessive-compulsive disorder.
 
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2019 tax income cut more possible after $5.5% revenue growth
 
For the first time in three years, Massachusetts taxpayers may be in line for another slight income tax cut in January 2019 after tax revenue growth in fiscal 2018 exceeded the threshold needed to meet the first trigger for a reduction.
 
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Mass. courts uphold DEP authority on electric emissions
 
The state's highest court on Tuesday upheld a state department's authority to impose a cap regulation establishing declining aggregate greenhouse gas emissions on power plants, dismissing arguments raised by an industry group.
 
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Regional Roundup
 
 
Question of the Week
 
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The Cannabis Control Commission has been debating whether to ask lawmakers to address host community agreements between recreational pot companies and municipalities, some of which include extravagant payments to the community at the expense of the young companies and beyond the state-allowed 3 percent of the location's gross annual sales. Some advocates have pointed to this as one of the factors leading to the slow licensing process for an industry that was supposed to start selling July 1.
Should cities be allowed to require marijuana firms to pay fees of more than the state-capped 3 percent of sales?
No. Many of these companies are new and don’t yet have the capital to meet extraordinary demands.
No. State law caps payments at 3 percent and no more.
Yes. The impact of legal pot is not yet known and cities should guard themselves against potential impacts.
Yes. If the company agrees to the contract it should be held to it.

 
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Milford nursing home nurse sentenced for stealing oxycodone
 
 
Delta to fly Worcester nonstop to Detroit next summer
 
 
Cornerstone, U.S. agree to $415K Shrewsbury Street drug restaurant settlement
 
 
Cannabis packager, product supplier opens Worcester warehouse
 
 
Boston Scientific hit with class action suit for robocall marketing
 
 
Contaminated land in Framingham listed for sale
 
 
40 Under Forty: Staying outside the Worcester Art Museum
 
 
MetroWest Medical Center CEO resigned on Aug. 10
 
 
Sports economists: $101M WooSox stadium deal unlikely to beat the odds
 
 
 
 

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