3M Co. (MMM) said, through its New Ventures Business, it has invested in 7AC Technologies Inc., a Woburn, Mass.-based developer of high efficiency heating, ventilation and air conditioning or HVAC systems that use liquid desiccant technology to remove humidity from the air. The terms of the transaction were not disclosed.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.