Banking & Finance

The medical technology division of General Electric known as GE Healthcare, which has a facility in Marlborough, will be spun off into its own separate company on Jan. 4.

Central Mass Auctions Inc. in Worcester is selling 700 lots from the Rotman collection of Worcester, Central Massachusetts and New England memorabilia.

MassDevelopment made 18 grants totalling more than $1.5 million to businesses, cities, towns, and nonprofit organizations in Central Mass.

The Federal Emergency Management Agency has awarded $4.7 million to Worceste healthcare provider UMass Memorial Health for costs of testing, new equipment, and new staff due to COVID-19.

Northeastern University is using revenue from a $378.5 million tax-exempt bond to build a 340,000 square foot science and engineering complex in Boston's Fenway neighborhood.

Massachusetts Lottery sales have improved in the past two months thanks in large part to interest in a huge Powerball jackpot, but officials remain worried a broader slowdown that left the agency tens of millions of dollars behind last year's pace will persist.

Every state in New England is poised to receive an above-average injection of federal infrastructure money, funding that could play a key role after years where the region's rate of investment lagged other states, a new report concluded.

Northborough manufacturer Aspen Aerogels, Inc. has secured $340 million in financing to help pay for the construction of the company’s Statesboro, Georgia facility.

The North Central Massachusetts Development Corp. granted $10,000 to the City of Fitchburg for the development of pop-up shops for local artisans, crafters, and entrepreneurs.

Herlihy Insurance Group, Workers Credit Union, Community Foundation of North Central Massachusetts, and UMass Memorial Health are among the Central Mass. organizations with recent hires and promotions.