Banking & Finance

Leominster-based Rollstone Bank & Trust has named returning employee Daniel Kelser as senior vice president and commercial loan officer.

The offering came as part of Avidia Bank’s efforts to go public, which it began in March with a filing to the U.S. Securities and Exchange Commission.

In an effort to enhance access to quality care, UMass Memorial Health in Worcester will merge its Marlborough Hospital with the system’s flagship UMass Memorial Medical Center.

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.