Steward Health Care finalized deals to sell four hospitals in Massachusetts to new owners, a move that keeps those facilities from closing after months of concerns that communities could lose access to vital points of care.
Business
Massachusetts family sues Eversource Energy for $450M over explosion that killed Maynard man
Eversource continues to call a natural gas explosion that killed a Maynard man an “isolated, tragic accident,” while the man’s family and attorneys argue the utility company’s “systemic failures” had a role in his death.
Warren, Markey push private equity firm Apollo to ‘act quickly’ in sales of Steward hospitals
Sens. Elizabeth Warren and Ed Markey are fixing on a new target in the Steward Health bankruptcy crisis, pushing affiliated private equity giant Apollo Global Management as the key “fulcrum economic stakeholder” in desperate efforts to sell the remaining Massachusetts hospitals.
Catania promotes Stephen Basile to chief revenue officer
AYER — Catania Oils, a leading supplier of plant-based oils in the Northeast, recently announced that VP of Sales and Marketing Stephen Basile has been promoted to chief revenue officer. In this new role, Basile will be responsible for the performance, strategy, and alignment of all departments within the company that relate to revenue generation. […]
Massachusetts Senate OKs bill to create 264 new liquor licenses in Boston: ‘Long overdue’
State lawmakers said the 264 additional liquor licenses Boston would gain under legislation approved by the Massachusetts Senate on Monday would deliver a significant boost to the city’s economy, particularly in minority neighborhoods.
Appreciation: Jack Connors was a quiet hero of Boston
“If all the people he helped came together, you’d need Fenway Park to hold them all,” said Joe Nolan, a friend for decades. “If a guy needed a car, Jack would show up with one. He did one good deed after another.”
