Banking & Finance

On the same day the U.S. House approved a sweeping package of tax relief and funding cuts that could impact state finances, the Massachusetts Senate approved an annual state budget that presses ahead with a sizable spending increase.

After biotech firm Akoya Biosciences previously announced it would be acquired by Quanterix, the company is now considering an unsolicited, all-cash buyout offer it received from an anonymous third party.

ConnectM Technology Solutions has completed a $1.4 million acquisition of Cambridge Energy Resources.

“Power is the ability to get people to listen to you, even when you're mostly just talking about beer.” - Sam Hendler, Hendler Family Brewing

The Power 100 edition is an annual report on how power is shared and expended in Central Massachusetts each year, as told through the 100 people who are most effectively wielding their influence, with a special focus on those creating change and bringing new ideas to the forefront.

Clinton Savings Bank has elected Stephen O’Neil to the institution’s board of directors, a position he assumed on April 24. 

Nativity School of Worcester has received its second $3-million dollar gift in two years, this time, from an anonymous, long-term supporter of the private Jesuit middle school.

Reimbursements to child care providers who serve low-income families may be delayed in June, as funding remains tied up in a supplemental budget stalled in the Legislature, a top state official said Wednesday.

Gov. Maura Healey moved Wednesday to pause most hiring in state government's executive branch in the face of what her office described as "widespread economic uncertainty at the national level and a tightening budget outlook" for the fiscal year that starts July 1.

The transaction also saw DPC purchase a majority stake of Greenwood-affiliated general contractor TWC Phoenix in Boston.