Banking & Finance

Over the next year and a half, Commonwealth Fusion Systems is building a $300-million, 47-acre headquarters in Devens, in its $1-billion, long-term effort to make fusion the default energy source on Earth

Central Massachusetts professionals are taking new jobs and getting promoted at companies like Estate Preservation Law Offices, Avidia Bank, AdCare Hospital and Banjo Health.

Tenet Healthcare Corp., the parent company of the Worcester facility Saint Vincent Hospital where nurses are engaged in a long-running strike to lower patient staffing ratios, announced it is raising $1.4 billion from investors.

As Worcester insurer Fallon Health is following through on its plan to leave the commercial insurance market, the nonprofit organization had $18.7 million in net income for the first quarter, far outpacing the $2.3 million it made in the first quarter 2020.

The restaurant Good Earth Holistic Kitchen has signed a five-year lease for 2,240 square feet at The Landing at Hudson Mills development, according to a May 7 announcement from property owner Manzo Freeman Development of Burlington.

The residential component of the Edgemere Crossing at Flint Pond development, which will be anchored by an 80,000-square-foot Market Basket grocery store, is expected to deliver its first by June 2022.

Massachusetts marijuana regulators are concerned about a recent significant uptick in reports of potential industry investors who targeted economic empowerment and social equity program entrepreneurs with unfair contract terms.

Bay State Savings Bank announced on Wednesday it has promoted four of its executives to the position of executive vice president, joining President & CEO Peter Alden as the bank's five-person leadership team.

Kris Canekeratne, the founder of Southborough IT company Virtusa Corp., will leave his roles as chairman and CEO by June 30, an announcement which follows his company being acquired for $2 billion by financial services firm Baring Private Equity Asia.

Family Services of Central Massachusetts, which is part of the Worcester nonprofit Seven Hills Foundation, received $200,000...