Banking & Finance

A Westborough firm operating four nursing homes in Massachusetts has purchased a 135-bed facility in Milford for $6.75 million. 

Public health regulators approved the merger of UMass Memorial Medical Center (UMMMC) and Marlborough Hospital on Wednesday, with the licensing overhaul deepening an existing affiliation that's expected to improve patient care and reduce operating costs.

"For people living paycheck to paycheck, this policy turns poverty into a crime," Diana Williams, legislative policy counsel for the Committee for Public Counsel Services, said. "When someone loses their licenses due to unpaid debt, they face an impossible choice: stop driving and risk losing their job and ability to get around, or keep driving and risk arrest. A civil fine can quickly spiral into a criminal record."

New low-cost academic housing will be coming to Framingham State University as the school has received $6.6 million to renovate an underutilized residence hall into apartment.

After months of negotiations, including those with an anonymous, unsolicited third party, Marlborough-based biotech firm Akoya Biosciences has officially been acquired by Quanterix.

Business confidence in Massachusetts inched upward in June, yet remained in pessimistic territory for the fourth month in a row.

A Northborough-based construction company and its president have been fined $744,224 for allegedly violating a number of employee rights laws impacting 101 workers. 

Gov. Maura Healey approved a $60.9 billion annual budget and rolled out a companion proposal designed to empower her administration with greater cost-cutting power.

Dozens of seniors filled a state capitol auditorium Tuesday to plead with lawmakers to expand MassHealth eligibility for older Bay Staters by raising the limit on assets they may keep by thousands of dollars.

Former CEO of GFA Federal Credit Union Tina Sbrega has retired from the union’s board of directors.