Minneapolis-based Supervalu Inc., which owns Shaw's, said it has reached an agreement to sell Shaw's and three other supermarket chains to a group of investors led by New York-based Cerberus Capital Management in a deal valued at $3.3 billion.
Maynard-based Kitsy Lane, an online social commerce platform that helps users launch their own jewelry and accessories businesses online, said it has raised $3.5 million in Series A funding led by Data Point Capital.
With key provisions of the federal Affordable Care Act getting ready to kick in a year from now, Gov. Deval Patrick on Tuesday proposed to eliminate a cornerstone of the state's 2006 health care access law that penalizes employers who don't make a "fair" contribution to their employees' health insurance premiums.