Central Mass. South

About a week after the Oxford laser manufacturer announced it would eliminate 300 jobs, a top executive at IPG Photonics sold $290,980 worth of his stock in the company.

A Framingham company has been fined nearly $50,000 for violating asbestos regulations for a building project in Southbridge, the Massachusetts Department of Environmental Protection announced Tuesday.

Oxford laser manufacturing IPG Photonics’ stock plummeted 13% Tuesday following a disappointing earnings third quarter report in which the company announced it will lay off 300 people from its global workforce.

This year's outstanding women in business honorees are leaders in their field and mentors to those advancing their careers.

Harrington Hospital is now staffing its emergency departments in Southbridge and Webster with a physicians group associated with Harvard Medical School and Beth Israel Deaconess Medical Center in Boston.

Nexamp, a Boston solar and energy storage company, is opening its third Massachusetts office in Sturbridge.

Massachusetts marijuana producer and retailer Curaleaf is now closer to being able to sell its own recreational marijuana to consumers after being awarded final licenses for manufacturing and retail operations.

The U.S. Department of the Treasury has backtracked from its designation of IPG Photonics CEO Valentin Gapontsev as a Russian oligarch after the two sides settled a lawsuit brought by the Russian-born physicist.

The family of Russian-American billionaire and Central Mass. executive Valentin Gapontsev is one of the wealthiest in Russia, according to a new ranking by Forbes magazine. 

Cannabis retailer Curaleaf has sold its Webster cultivation facility for about $9.4 million, more than double what it paid for the building just several months ago in January.