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AstraZeneca to invest over $1 billion in Massachusetts, boost workforce

AstraZeneca to invest over $1 billion in Massachusetts, boost workforce

Oct 5 (Reuters) - AstraZeneca said on Monday it would spend more than $1 billion in Massachusetts as part of its broader $50 billion US investment plan, a move expected to expand its workforce in the state by more than 50% in the coming years.

Massachusetts Rent Control Efforts Stalled by Legislative Inaction and SJC Ruling

Massachusetts Rent Control Efforts Stalled by Legislative Inaction and SJC Ruling

Efforts to reinstate rent control in Massachusetts have effectively stalled for the current legislative session, which ends on December 31. The Legislature’s Housing Committee voted to send a package of housing stabilization and rent-control proposals to 'study,' a move often signaling the demise of bills. This includes initiatives that sought to amend the state’s voter-approved rent control prohibition and allow individual communities to establish annual rent caps. A proposed ballot question for this election cycle, which would have set a statewide limit on annual rent increases tied to the consumer price index with a 5% cap, was also derailed. The state Supreme Judicial Court (SJC) ruled on June 26 that the ballot initiative was in conflict with the state constitution due to a flaw in its language pertaining to religious institutions. This decision removed the pressure on major real estate concerns to compromise on rent control measures.

Greenlight CEO Mark Murphy Announces $20 Million Expansion of Fiber Internet Network into Easton, Pennsylvania

Greenlight CEO Mark Murphy Announces $20 Million Expansion of Fiber Internet Network into Easton, Pennsylvania

Greenlight CEO Mark Murphy Announces $20 Million Expansion of Fiber Internet Network into Easton, Pennsylvania

Rep. Seth Moulton and Massachusetts Delegation Empowered to Nominate for U.S. Military Medal of Honor

Rep. Seth Moulton and Massachusetts Delegation Empowered to Nominate for U.S. Military Medal of Honor

U.S. Rep. Seth Moulton, alongside U.S. Sens. Ed Markey and Elizabeth Warren, and U.S. Rep. Lori Trahan, are part of the Massachusetts federal delegation with the authority to nominate individuals for the U.S. Military Medal of Honor. This power has been highlighted in the context of advocating for Sergeant Major Dors G. “Gene” Musgray, a highly decorated Vietnam War veteran from Lowell, Massachusetts, to receive this prestigious award. Musgray, who earned two Silver Stars and two Purple Hearts, was recently honored by the city of Lowell, but local officials are pushing for the highest military honor. The delegation's role is crucial in initiating the process for such a nomination, which could lead to Musgray becoming Lowell's first recipient of the Congressional Medal of Honor.

Massachusetts Expands Housing Toolkit to Address Middle-Income Housing Needs in Fall River

Massachusetts Expands Housing Toolkit to Address Middle-Income Housing Needs in Fall River

LISC Massachusetts is expanding its housing strategy to address the growing need for middle-income housing, particularly in Gateway Cities like Fall River. While continuing to support deeply affordable, low-income housing, LISC recognizes that the housing crisis has increasingly affected higher-income households who earn too much for subsidized housing but cannot afford market-rate options. As part of this expanded approach, LISC Massachusetts is providing a $2,425,000 acquisition and predevelopment loan to MassCan Capital for the Globe Mill Lofts development in Fall River. This project will convert a vacant historic mill into 89 new middle-income housing units, with construction expected to begin soon and completion slated for mid-2028.

KISS Releases Remastered 1976 'Hard Luck Woman' Video Ahead of 'Rock And Roll Over' 50th Anniversary

KISS Releases Remastered 1976 'Hard Luck Woman' Video Ahead of 'Rock And Roll Over' 50th Anniversary

KISS Releases Remastered 1976 'Hard Luck Woman' Video Ahead of 'Rock And Roll Over' 50th Anniversary

Federman Sherwood Investigates ERMCO Data Breach Affecting Massachusetts Residents and Potentially Others Nationwide

Federman Sherwood Investigates ERMCO Data Breach Affecting Massachusetts Residents and Potentially Others Nationwide

Federman & Sherwood, a law firm, is investigating a data breach that occurred at Electric Research and Manufacturing Cooperative, Inc. (ERMCO). The investigation follows a notification filed with the Massachusetts Attorney General, indicating that the incident affected at least three Massachusetts residents, with the potential for additional individuals nationwide to be impacted. The compromised information may include sensitive personal data such as names, Social Security numbers, driver’s license information, and medical information. ERMCO is identified as one of the largest U.S. manufacturers of liquid-filled and oil-filled distribution transformers and power solutions. Federman & Sherwood is specifically looking into whether ERMCO had adequate cybersecurity safeguards in place to protect this sensitive information, and individuals affected by the breach are encouraged to contact the firm to understand their legal rights.

Westchester County Journal News

Best small cities in America: Only 1 New York community landed in the top 1%

Best small cities in America: Only 1 New York community landed in the top 1%

A new study ranked more than 1,300 small U.S. cities on affordability, safety, quality of life and economic health. Just one New York community landed in the top 1% nationwide.

Brookmeadow at Cobb Corner Achieves Purple Flag Accreditation for Excellence in Memory Care

Brookmeadow at Cobb Corner Achieves Purple Flag Accreditation for Excellence in Memory Care

Brookmeadow at Cobb Corner, a senior living community in Stoughton, Massachusetts, has been awarded the Purple Flag Accreditation for its commitment to excellence in memory care. This recognition signifies that Brookmeadow meets 100 in-depth standards and practices set by the Purple Flag program, which evaluates various aspects of senior living communities including programming, dining, resident care, staff training, and family communication. The accreditation was celebrated with a flag-raising ceremony on October 1st, attended by Massachusetts State Representative Edward R. Philips and Christopher Carter, President of Purple Flag. Brookmeadow is now one of only 23 senior living communities in Massachusetts to receive this designation. The community emphasizes a personalized approach to memory support, tailoring care plans to individual residents' backgrounds, goals, and preferences.

Philadelphia Office Market Experiences Mixed Third Quarter with Negative Absorption

Philadelphia Office Market Experiences Mixed Third Quarter with Negative Absorption

Philadelphia Office Market Experiences Mixed Third Quarter with Negative Absorption

Boylston Properties Lists Arsenal Yards Shopping Center in Watertown for Sale

Boylston Properties Lists Arsenal Yards Shopping Center in Watertown for Sale

Boylston Properties Lists Arsenal Yards Shopping Center in Watertown for Sale

Paul Lavoie Highlights Economic Disconnect in Connecticut's 169 Municipalities

Paul Lavoie Highlights Economic Disconnect in Connecticut's 169 Municipalities

Paul Lavoie, Vice President of Corporate Partnerships & Innovation and Executive Director of The Elevation Center at the University of New Haven, has identified a significant economic challenge in Connecticut, which he terms 'The 169 Problem.' This issue stems from the state's organization into 169 municipalities, each with its own fiscal realities and property tax rates. Lavoie argues that while Connecticut's economy operates regionally, its governmental structure and tax system remain intensely local. He illustrates this with an example of a $10 million manufacturing facility, where property tax bills could vary by hundreds of thousands of dollars annually depending solely on the town of location, despite all other business factors remaining constant. This fragmentation leads to towns competing for tax base rather than collaborating on regional growth.