Marlborough-based IPG Photonics Corp., a global laser manufacturing company founded in a Moscow basement laboratory in 1990, has sold its remaining assets in Russia, citing the impact of ongoing sanctions related to the country’s invasion of Ukraine.
Steward Health Care has signed "definitive agreements" to sell four of the six Massachusetts hospitals it has been working to offload since filing for bankruptcy in May.
Worcester-based Safe Exit Initiative, a survivor-led nonprofit working to end the sex trade by  providing support and safe exit options, has re-opened Harbor, its community resource center and day shelter.
Supporters of the new surtax on wealthier Massachusetts households have been cheering the investments in education and transportation that it's triggered. But this week, fiscal conservatives are applauding fresh comments from former New England Patriots head coach Bill Belichick. who said the tax is influencing pro sports rosters, with player agents using it as a "sledgehammer" in negotiations.
Spectrum Health Systems in Worcester, one of the largest human services nonprofits in Central Massachusetts, has promoted long-time Kristin Nolan as its new chief operating officer.
With the state's commitment to the life sciences sector still tied up in an inter-branch dispute among Democrats, industry leaders acknowledged challenges on Tuesday including a record vacancy rate for lab space in Massachusetts, slower job growth, and a decrease in venture capital funding.