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Boston Business Journal

Real Estate
$6M Mass Beach House With Spa-Like Bath Was Set Of New Netflix Show $6M Mass Beach House With Spa-Like Bath Was Set Of New Netflix Show
$6M Mass Beach House With Spa-Like Bath Was Set Of New Netflix Show “The Beach House” on Goodspeed Island is up for sale with a $6.35 million price tag. The picturesque mansion was to be a filming location for a new Netflix series before the writers’ strike scuttled those plans.  The luxury home at 3 Goodspeed Island Road, Mattapoisett, offers 5,700 square feet of living space, along with six bedrooms and eight bathrooms — six full and two half baths. Related: Netflix Films Best-Seller Adaptation In Mass: Report Swim at the nearby Buzzards Bay. Demakis Family Real Estate The Beach House, which sits on a .69-acre lot, also features brea…

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by Khier Casino
News
COVID-19: Massachusetts' Supply Of Vaccines Slashed By 20 Percent COVID-19: Massachusetts' Supply Of Vaccines Slashed By 20 Percent
Covid-19: Massachusetts' Supply Of Vaccines Slashed By 20 Percent Massachusetts’ share of Pfizer vaccine doses just got cut by 20 percent. On Friday, Dec. 18, Gov. Charlie Baker said that the state is expecting to receive 145,000 doses of the vaccine this month, according to the Boston Business Journal. But it was initially supposed to be 180,000 doses. Massachusetts isn’t alone in thinking it was going to get more vaccines than it is. California, Washington, Illinois, Georgia, Hawaii, and Nevada say the number of doses they were to receive was cut in half, according to reporting by the Associated Press. During his daily press conference, Baker said he…

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by Kristin Palpini
Business
Bank Branches Are Pulling Out Of Stop & Shop Bank Branches Are Pulling Out Of Stop & Shop
Bank Branches Are Pulling Out Of Stop & Shop Citizens Bank is pulling out of dozens of Stop & Shops beginning in January. Among the branches being closed are 26 in Massachusetts and 14 in Rhode Island. The decision to close the branches was made due to people’s habits changing toward more online banking and the economic effects of the COVID-19 pandemic, according to the Boston Business Journal. Even though many branches inside Stop & Shop’s will close, there will still be 90 in-store branches available. There are 416 Stop & Shops in *New England, and New York. Citizens Bank has more than 1,200 locations. The St…

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by Kristin Palpini
Business
$300 More Per Worker: MA Increasing Employer Contributions To Unemployment Fund $300 More Per Worker: MA Increasing Employer Contributions To Unemployment Fund
$300 More Per Worker: MA Increasing Employer Contributions To Unemployment Fund Massachusetts employees are going to cost business owners another $300 each come April. In an effort to restore the state’s Unemployment Insurance Trust Fund amid COVID-19’s drain on the economy, a tax increase of about $300 per employee is set to start in April, according to the Boston Business Journal. The trust fund is facing a multibillion-dollar deficit due to a wave of unemployment brought on by the pandemic. Money is also dwindling because contributions were decreased during the Great Recession of 2008 to help small businesses stay afloat. The new assessment - which will cost employ…

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by Kristin Palpini
Business
Millionaires Shun Western/Central Massachusetts According to New Ranking Millionaires Shun Western/Central Massachusetts According to New Ranking
Millionaires Shun Western/Central Massachusetts According to New Ranking Showing a sharp divide between the financial influence of the Eastern and Western sides of Massachusetts, a ranking of communities with the most millionaires didn’t come within 50 miles of Western Massachusetts. Heck, the wealth didn’t even extend into Worcester County. A recent Boston Business Journal ranking of the top 25 Massachusetts municipalities with the most million-dollar earners didn’t include any communities from Western or Central Massachusetts. This matters because where there is wealth, there is influence and Western Massachusetts has a long history of paying the price of th…

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by Kristin Palpini
Business
Pot City: Western Mass Community Has More Marijuana Licenses Than Anywhere Else In State Pot City: Western Mass Community Has More Marijuana Licenses Than Anywhere Else In State
Pot City: Western Mass Community Has More Marijuana Licenses Than Anywhere Else In State City efforts to court the burgeoning marijuana industry appear to have worked for Holyoke; the city has more marijuana establishment licenses than anywhere else in the state. Holyoke has completed 40 weed business applications, according to a Boston Business Journal analysis. A total of 841 marijuana business license applications have been submitted to the Cannabis Control Commission from 2016, when marijuana became legal in Massachusetts, through July 9. The first cannabis retailer in Massachusetts opened in November 2018. Not all of the marijuana industry businesses with applications from…

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by Kristin Palpini
Business
MassHealth Initiates Plan To Cut Off Worcester Nursing Home Due To Poor Care MassHealth Initiates Plan To Cut Off Worcester Nursing Home Due To Poor Care
MassHealth Initiates Plan To Cut Off Worcester Nursing Home Due To Poor Care A Worcester nursing home is among three facilities MassHealth is threatening to cut off due to alleged poor performance. Hermitage Healthcare in Worcester, as well as Town and Country in Lowell, and Wareham Healthcare in Wareham, were issued initial termination notices Monday, Aug. 3, according to the Boston Business Journal. The notice is the first step in the process to close a facility off from the state health insurance program for low-income families and those with disabilities. If MassHealth would cut off the facilities, it means that MassHealth would not pay for any of its clients to…

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by Kristin Palpini
Business
Ex-Employees Accuse People's United Bank Of Discrimination Ex-Employees Accuse People's United Bank Of Discrimination
Ex-Employees Accuse People's United Bank Of Discrimination Former managers at Bridgeport-based People’s United Bank are alleging racist and other discriminatory behavior at the firm. The Boston Business Journal is reporting that a senior Boston executive allegedly used racial epithets including “hood girl,” “ghetto,” and “terrorist.” People’s United Bank denies the allegations, the BBJ reported. This is not the first time People’s United has been accused of discrimination - though past charges haven’t exactly stuck.  The bank faced challenges from employees in 2010 (employee claim denied) and 2017 (employee claim partially denied, partially …

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by Kristin Palpini