Oxford

IPG Photonics CEO Valentin Gapontsev and the U.S. Department of the Treasury will in two weeks unveil details of their settlement expected to resolve the Worcester billionaire's lawsuit challenging his designation as a Russian oligarch.

Aquarion Water Company, the privately-owned utility servicing Oxford and Millbury and a subsidiary of utility company Eversource, has announced a change in leadership for its Central Massachusetts operations. 

IPG Photonics is far behind its pace last year, eporting a 12% decline in revenue and more than a 40% decline in profit for both the second quarter and first half of 2019 amid a challenging geopolitical environment. 

The Massachusetts marijuana giant Curaleaf, with significant operations in Central Massachusetts, said it has removed statements from its website and social media platforms identified as non-compliant by federal regulators. 

Massachusetts marijuana company Curaleaf, with its cultivation and manufacturing facility in Webster, has been warned by the U.S. Food and Drug Administration for illegally selling CBD online and claiming that products treat cancer, Alzheimer’s, opioid withdrawal, pain and pet anxiety. 

Curaleaf, with its Massachusetts medical and retail cannabis operations largely in Worcester County, says it is now the world’s largest marijuana company after announcing and agreement Chicago-based Grassroots for $875 million. 

Six years after moving into a new Oxford facility, Swissturn USA is planning to expand.

IPG Photonics CEO Valentin Gapontsev and the U.S. Department of the Treasury have reached an agreement on Russian-born and American citizen’s physicists complaint about being listed as a Russian oligarch.

IPG Photonics CEO Valentin Gapontsev and the U.S. Department of the Treasury, given until Friday to try to reach a resolution regarding Gapontsev’s name being included on a list of Russian oligarchs, apparently need more time. 

IPG Photonics CEO Valentin Gapontsev and the U.S. Department of the Treasury are requesting more time to settle the department’s labeling of Gapontsev as a Russian oligarch.