Banking & Finance

The Healey administration on Tuesday blasted out a press release warning that Massachusetts faces $3.7 billion in budget cuts.

After a private equity firm became its majority owner in February, Worcester-based electrical contractor and energy solutions company Commonwealth Electrical Technologies has acquired NuWave Energy Solutions in Norwell.

After nearly two decades at the Worcester office of Wells Fargo Advisors, former branch manager Robert Cotter has teamed up with fellow former Wells Fargo advisor Chris Roering to launch their own Worcester-based wealth management firm.

Nominees were evaluated independently by three volunteer judges, who scored each on their professional achievements, community contributions, and mentorship of young professionals.

ConnectM Technology Solutions, a Marlborough-based green energy technology firm, has begun trading its stock on the OTCQB Venture Market.

Expected to be completed by Jan. 1, the merger would see DCU, the largest credit union in Central Massachusetts, and First Tech form a $28.7-billion credit union, according to a Tuesday press release from DCU.

A state auditor report has found the Mass Save program provides a skewed distribution of its resources...

Westborough-based defense optics manufacturing firm Kopin Corp. has entered into a securities purchase agreement for private investment in company shares expected to raise $41 million.

Legacy Transport delivers more than 1.8 million pounds of food each year to more than 7,000 monthly households.

The prospect of a shutdown comes as Massachusetts is navigating significant fiscal complexity. The Legislature passed a stream of funding bills earlier this year to address shortfalls in the fiscal 2025 budget, and the state's $61 billion fiscal 2026 budget signed by Gov. Maura Healey this summer relies heavily on federal dollars.