Apex Center to create 1,600 jobs

Laura Finaldi |

A major commercial mixed-use development coming to Marlborough this fall will create 1,600 jobs when it's fully operational.

Top 10 Central Mass. caterers spans all styles, cuisines

From BBQ to New England clambakes, the top 10 independent caterers in Central Massachusetts represent a variety of styles and cuisines.

In human trial, Sunovion depression drug shows promise

A drug that treats major depressive episodes associated with bipolar depression improved symptoms in a statistically significant way in a human clinical study, according to its developer, Sunovion Pharmaceuticals of Marlborough.

Single family home sales up 58% in Worcester

Single family home sales in the city of Worcester more than doubled in April, as sales statewide fell slightly but continued to outpace last year’s growth.

Biostage failed to meet NASDAQ requirements

Laura Finaldi |

Biostage will be delisted from the NASDAQ stock market if it loses an upcoming appeal, after the company failed to raise its bid price to $1 within a given 180-day period.

UMass Memorial, Harrington to join behavioral health forces

Laura Finaldi |

Responding to concerns from the state about access to inpatient psychiatric care in Central Massachusetts, UMass Memorial Health Care announced a formal partnership with Harrington HealthCare in Southbridge.

Brazilian market drive Acton drug tester revenues

Psychemedics, an Acton drug-testing company, saw revenue jump by more than 50 percent in the first quarter, driving profits to $1.5 million.

New stop opening Monday on Framingham/Worcester line

Grant Welker |

A new commuter rail stop will open Monday on the Framingham/Worcester line, meaning many morning trains heading into Boston will be leaving at slightly different times.

Despite soaring revenues, Virtusa profits drop 73%

Virtusa Corp.’s GAAP net income fell by $32.9 million for the entire 2017 fiscal year, as the company increased its revenue by 43 percent.

Two new Patrick dealerships open in Worcester

The Patrick Family has purchased the former Gallo Mazda and Volvo dealerships in Worcester.

Liberty Mutual cutting 44 jobs in Hopkinton

Laura Finaldi |

Liberty Mutual is discontinuing its Hopkinton peer-reviewed research efforts and will lay off up to 44 employees effective June 6.

TJX profit grew 5% in first quarter

Shares were down 4 percent Tuesday morning after the TJX Companies, Inc. reported steady sales of $7.8 billion in its first quarter and net income growth of just over 5 percent.

Sales drop, profits grow at Staples amid restructuring

Shares of Staples, Inc.'s stock were trading down 5 percent Tuesday morning after the company announced a 5-percent drop in sales and net income growth of $45 million.

Putts & More focuses on work opportunities for disabled adults

Looking for a place where they could provide steady employment for adult children with developmental disabilities, the Giammarinaros three years ago took over ownership of a two-year dormant miniature golf course and created a four-acre family entertainment center.

Acquisition drives RXi $5.5M loss

Laura Finaldi |

RXi Pharmaceuticals reported a first quarter loss of $5.5 million, as the company dealt with increasing research and development costs following a January acquisition.

Cumberland Farms joins healthy food challenge

Cumberland Farms will promote healthy foods in its stores as part of a new partnership with a nonprofit focused on healthier eating.

Staples creates new C-suite position

Framingham office supply chain Staples has created a new chief security officer position in a new digital solutions division of the company.

Biostage running short on cash with IND looming

Laura Finaldi |

Biostage, which develops bioengineered organ implants, reported it lost $3.8 million in the first quarter, leaving it with only enough cash through the end of the year.

FedEx distribution facility sold for $33M

Laura Finaldi |

A high-bay distribution facility completely leased to FedEx SmartPost was sold for $33 million in Northborough, according to the seller's representative and public records.

Marlborough office building sold for $3.1M

Laura Finaldi |

A Marlborough office and flex building was sold for $3.1 million to a Cambridge-based real estate company, according to the seller's representative and public records.

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