Economic Outlook 2020 – BusinessWest

‘Optimistic skepticism.’ That’s the phrase one area bank president summoned as he talked about the year ahead and, more specifically, talk of a recession. While history — especially as it relates to the inverted yield curve — tells us one is very likely, most all other indicators, from unemployment and inflation rates to the stock…

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Mary Walachy retires from Davis Foundation after 23 years; praised for early education and literacy initiatives

Mary Walachy, executive director of the Irene E. & George A. Davis Foundation, announced Wednesday that she will retire in June. Walachy has been associated with the foundation, which promotes early education and literacy, for the past 23 years. She will continue to represent the Davis Foundation in its role supporting Educare Springfield, a new…

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Nouria buys $55M in Western Massachusetts gas station properties; Worcester firm already operated former F.L. Roberts sites

Nouria Energy Corp. has bought 22 gas station properties it was operating after buying the businesses from Springfield-based F.L. Roberts in 2016.The transactions were recorded in December at Registry of Deeds offices in Hampden, Hampshire and Franklin counties. They include sixteen properties in Hampden County, three in Hampshire County and three in Franklin county Read…

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bankESB and Its Employees Support United Way of Hampshire County

Matthew Sosik, president and CEO of bankESB, announced that the bank recently donated $61,000 to the United Way of Hampshire County. The bank directly pledged $25,000, while the bank’s employees contributed another $36,000 of their own funds in support of the United Way’s workplace campaign. That campaign provides employees with the opportunity to donate and…

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