While Rockland Trust Co. saw earnings drop more than 26 percent in 2020 compared to 2019, the amount of its loan portfolio receiving COVID-related modifications improved in the fourth quarter.
In the biggest office lease signed in Boston since the pandemic’s onset, Amazon committed to occupy 630,000 square feet in a new office tower at 1 Boston Wharf Road in WS Development’s Seaport portfolio.
Taunton’s 29-year-old Silver City Galleria will be demolished within weeks as the owners look beyond traditional enclosed retail space for the future of the 101-acre property.
After another month of faring better financially than budgeted, the MBTA has set aside nearly $71 million in savings since the start of fiscal year 2021, though officials continue to stick to their plan to cut service on underused lines and consider restoring it later this year.
Satisfied that the most recent surge in COVID-19 cases is safely behind the city, Boston Mayor Marty Walsh announced gyms, movie theaters and other venues closed in December will be able to reopen Feb. 1.
U.S. home prices jumped in November at the fastest pace in more than six years, fueled by demand for more living space as Americans stick closer to home during the pandemic, while Boston nearly broke into the top three cities with the fastest-growing prices.
The Senate approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th treasury secretary on Monday, making her the first woman to hold the job in the department’s 232-year history.
Berkshire Bank has named Nitin Mhatre its new CEO. Mhatre was head of Webster Bank’s community bank until October.
Avidia Shows How Relationship Between Banks and Fintechs May Shift