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Banking & Finance

RXi Pharmaceuticals lands $4.9M investment

Marlborough startup drugmaker RXi Pharmaceuticals has agreed to terms with several entities for a $4.9 million investment intended to help fund preclinical and clinical work.

10 Things I Know About ... Opening a brewery

Aivi Nguyen |

Choosing a logo, location and open date are critical to opening a new brewery.

MTD Micro Molding hires for personality, trains later

Zachary Comeau |

MTD Micro Molding, a medical-focused micro mold manufacturing company in Charlton recently took home some hardware from the Plastics News Executive Forum in Naples, Fla.

Manzi keeps the community in community banking

By Livia Gershon |

When Ed Manzi first got a taste of community banking decades ago, he knew he'd found his calling

Webster First credit union completes merger

Grant Welker |

Worcester-based Webster First Federal Credit Union has agreed to merge with a small one-branch credit union in Merrimac that will become its 16th location.

Fidelity Bank to give raises, bonuses after tax cuts

Zachary Comeau |

Because of the federal tax changes, Fidelity Bank in Leominster said on Wednesday it is raising its minimum wage to $15 and is giving staff members below the level of vice president a $500 bonus.

Amazon HQ2 in Mass. could require legislation, Baker says

State House News Service |

Amazon doesn't quite fit into the state's current set of job-boosting programs, according to Gov. Charlie Baker, who raised the idea Thursday of legislation tailored to suit the tech giant's needs.

UniBank names new chief information officer

Whitinsville-based UniBank has named Gary Baxter, a former financial firm chief information officer, to the same position at the $1.6-billion bank.

Commerce merger fuels 82% Berkshire income growth

Zachary Comeau |

Berkhshire Hills Bancorp, Inc grew its pre-tax income by 82 percent in the fourth quarter, primarily due to the $230-million merger with Worcester-based Commerce Bancshares Corp.

RXi Pharmaceuticals regains Nasdaq compliance

Marlborough drug maker RXi Pharmaceuticals has regained compliance with Nasdaq by having 10 straight days with a closing bid price of the company's stock at $1 per share or higher.

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