In a 55-page document, the U.S. Department of the Treasury said IPG Photonics and CEO Valentin Gapontsev's lawsuit to remove the wealthy physicist from a list of Russian oligarchs lacks merit.
Leominster-based Montachusett Home Care Corp. has named its longtime Chief Financial Officer Lori Richardson as its new CEO following the retirement of its former chief in December.
Worcester will negotiate with another retail cannabis establishment, Nature's Remedy, bringing the total number of retail stores to negotiate a host community agreement with the city to 14.
In a move that could ease the issues plaguing many Massachusetts cannabis businesses, Facebook could loosen restrictions on posts promoting marijuana sales.
Oxford maker of laser equipment IPG Photonics is planning to expand its global footprint by about 800,000 square feet in 2019, according to a new U.S. Securities and Exchange Commision filing.