GE closes Baker Hughes sale

The offering’s underwriters exercised their options in full, and GE’s voting power over Baker Hughes fell to 36.8 percent. Read More

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AG Healey outlines opposition to $10B Purdue settlement

Attorney General Maura Healey’s office plans to formally oppose the bankruptcy petition of Oxycontin manufacturer Purdue Pharma and will seek to keep its own lawsuit against Purdue and its controlling Sackler family alive even as about two dozen states agree to a multi-billion dollar settlement with the company. Read More

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Chase gaining on rivals in downtown Boston

Within five months of opening in Downtown Crossing, Chase put itself within striking distance of several competitors that have been in the neighborhood for years, according to the FDIC data. Read More

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Broken axle caused Red Line derailment

A 27-year-old axle on a Red Line car fractured and caused a June 11 derailment, MBTA officials announced Monday, offering a clearer picture of the problem that has led to months of delays and headaches on a train line that transports hundreds of thousands of commuters. Read More

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