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Why CarePort Health fetched $1.35 billion: It solves a big problem for patients

The Boston software company, led by Harvard alum Lissy Hu, aims to streamline patient care after a hospital stay. Health tech giant WellSky has acquired the firm from Allscripts and plans to expand its services.

Bonuses before bankruptcy: Companies doled out millions to executives before filing for Chapter 11

Since the pandemic took hold in March, at least 18 large companies have rewarded executives with six- and seven-figure payouts before asking bankruptcy courts to shield them from landlords, suppliers, and other creditors while they restructured.

Stock indexes mostly lower a day after worst loss in weeks

The S&P 500 was down 0.3 percent in afternoon trading after earlier swinging between small gains and losses.

Utility says its equipment may have sparked California blaze

Fast-moving wildfires forced evacuation orders for more than 100,000 people and seriously injured two firefighters in Southern California on Monday as powerful winds across the state prompted power to be cut to hundreds of thousands to prevent utility equipment from sparking new blazes.

Leader of MassDevelopment leaving

Stories you may have missed from the world of business.

In Dunkin' deal, a restaurant giant sees a brand built to withstand the pandemic

Dunkin' Brands has proven its business model can outshine and outlast its independent coffeehouse rivals during the COVID-19 pandemic, and Inspire Brands is willing to pay a steep price for it as a result.

Legislature passes bill to send $1,800 in extra jobless benefits to previously ineligible residents

Governor Charlie Baker signed the legislation, which is intended to free up money from the federal government.

Dow plunges 650 points as coronavirus cases flare up, stimulus hopes fade

''Financial markets are getting a reality check, as investors come to terms with the failure of Congress to agree to a pre-election stimulus package and surging covid-19 cases,'' one commentator wrote.