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May 2, 2012
WORCESTER - Most of the major cities in New England hit rock bottom at some point over the last four decades, as their manufacturing bases fled the high cost of doing business in the North and moved to more welcoming, and usually much warmer, states around the nation.
May 2, 2012

Academic Battle of the Titans: Harvard and MIT team up to offer free online courses

In what is shaping up as an academic contest of major proportions — one that offers vast new learning opportunities for students around the world — Harvard University and the Massachusetts Institute of Technology today announced a new nonprofit partnership, known as edX, to offer free online courses from both universities.
May 2, 2012

Bad news about jobs spooks markets

NEW YORK - Investors are homing in on bad news about jobs in the U.S. and Europe.
May 2, 2012

US factory orders fell in March by the most in 3 years

WASHINGTON - Demand for U.S. factory goods dropped by the most in three years in March, driven lower by a sharp fall in volatile orders for commercial aircraft. Still, more recent data suggest the decline may be temporary.
May 1, 2012

US construction spending barely increased in March

WASHINGTON - U.S. builders barely increased their spending on construction projects in March after two straight months of declines.
May 1, 2012

Demand for dark chicken meat climbs

MINNEAPOLIS - Pat LaFrieda Jr. can’t get enough chicken thighs. If his family business featured on the new Food Network series “Meat Men” orders 100 cases of boneless, skinless thighs, his supplier might deliver only 60.
May 1, 2012

BlackBerry-maker RIM unveils prototype

TORONTO - Research In Motion’s new chief executive unveiled Tuesday a prototype BlackBerry smartphone powered by a new operating system, the very software that the company has pinned its future on.
April 26, 2012

Manufacturing contributed less to US economic growth last year

Manufacturing added less to U.S. economic growth last year than in 2010, indicating a pickup in the expansion depends more on bigger gains in the services industry.
May 2, 2012

Business Briefs

MARLBORO - SolarCity, a company that sells solar power to homeowners and businesses, is expanding in Marlboro.
May 2, 2012

Mass. Eye and Ear teams with Advanced Cell

MARLBORO - The Massachusetts Eye and Ear Infirmary in Boston is the latest clinic to join Advanced Cell Technology's trial of an experimental treatment for dry age-related macular degeneration.
April 29, 2012

Worcester Crossing lures tenants despite recession, meltdown

WORCESTER - After nearly 10 years of work, the Worcester Crossing shopping center is nearly complete.
April 29, 2012

Kevin Bradley

In the late 1980s, when the state shut down many mental health facilities, people diagnosed with mental illness moved from treatment centers back into the community. In 1988, the Genesis Club was founded as a free, nontraditional mental health nonprofit that uses basic human rights as its guideline for service. Since then, the club has grown tremendously. The Genesis Club serves more than 700 members each year, offering career counseling and help with getting education and housing. In 2011, about 160 members of Genesis Club went back to work, earning a total of $1.16 million in salaries. The Genesis Club is funded mostly with state money. The rest of its support comes through fundraising, grants and donations. (Video)
April 29, 2012

Business People

AdCare Hospital, which offers inpatient treatment in Worcester and outpatient services throughout Massachusetts and Rhode Island, has hired Coralee Chase of Westfield, a licensed mental health counselor and a certified alcohol and drug abuse counselor, as its community services representative for Western Massachusetts. Ms. Chase previously worked as a correction counselor for the Hampden County Sheriff’s Department and a substance abuse counselor for Holyoke Medical Center.
April 29, 2012

Local - Week of April 29

The Massachusetts Bar Association will host its second Gateway Cities forum at 5 p.m. Monday, April 30, in the Jury Room at the Worcester Trial Court. Lt. Gov. Timothy P. Murray and Massachusetts Secretary of Education S. Paul Reville will be the featured speakers on a panel comprised of leaders who have worked with the issues impacting the state's Gateway Cities.
April 15, 2012

Good Deeds

Eight nonprofit organizations in Worcester are the latest to receive nearly $40,000 in grants from the Reliant Medical Group Foundation (formerly Fallon Clinic Foundation) in support of the foundation’s mission of creating a more healthy population in Central Massachusetts.
May 2, 2012

Harvard, MIT announce online learning project

CAMBRIDGE - Harvard and the Massachusetts Institute of Technology have joined forces to offer free online courses to anyone with an Internet connection.
May 2, 2012

Swiss bank UBS' profit falls 54%

GENEVA - Switzerland's biggest bank UBS AG on Wednesday reported a 54 percent drop in first-quarter net profit for 2012, mostly due to an accounting loss on its own debts as well as difficult market conditions.
April 30, 2012

Delta buys a refinery in bid to cut its fuel bill

ATLANTA - Delta Air Lines is buying a refinery in a novel — and some say risky — attempt to slice $300 million a year from its escalating jet fuel bill.
April 29, 2012

Foolish Trivia

More than 100 years old, I trace my roots back to the Computing-Tabulating-Recording Co. I was one of the first employers to provide group life insurance (in 1934) and paid vacations (1937). During World War II, I made bombsights, rifles and engine parts. In the 1940s, I introduced several large digital calculating machines, and in 1957, the computer language FORTRAN. I made early supermarket checkout stations, automatic teller machines and test-scoring machines for schools. I take in more than $100 billion annually, and have more than 400,000 employees and 500,000 shareholders. One of my oldest mottos is “THINK.” Who am I?