The CEO caught with his arms around a colleague on the kiss cam at the Coldplay concert at Gillette Stadium has resigned, shortly after the company placed him on leave.
Business
Three more suspended Market Basket employees speak out as corporate drama continues
TEWKSBURY — Three more Market Basket supervisors are speaking out after they were suspended by the company in the wake of CEO Arthur T. Demoulas being placed on administrative leave.
Boston University laying off 120 employees, enacts 5% budget cuts
Boston University laying off 120 employees, enacts 5% budget cuts: ‘This is a day of loss for all of us’
‘Completely against our culture’: Ousted Market Basket officials speak out about ‘pre-planned attack’
Like many longtime employees of the eastern New England grocery chain, Joe Schmidt and Tom Gordon started as associates at Market Basket and worked their way up. Now, they fear the unique culture of Market Basket is at risk as a result of board maneuvers that have at least temporarily ousted them, CEO Arthur T. Demoulas and others amid an ongoing Demoulas family feud over succession.
IC Credit Union awards $12.5K scholarships to local HS seniors
FITCHBURG — Each year, IC Credit Union awards scholarships to graduating high school seniors who plan to pursue higher education at accredited institutions. This year, IC awarded eight scholarships, totaling $12,500, to outstanding local students. Among them was a scholarship presented in partnership with the North Central Massachusetts Chamber of Commerce, five scholarships focused on […]
Boston’s FIFA World Cup matches expected to bring $1.1B to New England in 2026
With one year until the FIFA World Cup, a new report Wednesday projected seven matches scheduled to be held in Boston in 2026 are expected to bring in a monumental $1.1 billion in local economic impact to New England.
