Economy

🔒Mass. business confidence remained pessimistic for eight consecutive month in October

Massachusetts’ Business Confidence Index continued to tumble in October, reaching its third-lowest score in the past year.

Southborough high-end car insurer acquired by large New York firm

Hayden Wood Insurance Agency in Southborough, a firm with a specialty in insuring collector cars and motorsport vehicles, has been acquired by New York-based financial firm.

🔒When a hospital closes: Central Mass. ER visits rose after Nashoba Valley shuttered, as hospital finances are increasingly strained

The volume in Central Massachusetts ERs is still expected to grow, exacerbated by a primary care shortage and incoming $1 trillion in cuts nationally to Medicaid.

🔒Taxes in Worcester: Businesses are the top tax contributors to the City, but exemptions and the dual rates are leading to calls for reform

In a city with high-profile industries like higher education and health care, the biggest businesses tend to be tax-exempt.

Framingham State University hires inaugural director of external affairs

Framingham State University has created its first-ever director of external affairs position, naming David Halbert to the inaugural role.

Planet Fitness to open first Auburn location

A new Planet Fitness is coming to Worcester County as the franchise fitness center is opening its first Auburn location come November.

🔒Across the pond: English doctor to be UMass Memorial Medical Center’s new chief of cardiac surgery

Central Massachusetts’ largest hospital, UMass Memorial Medical Center in Worcester, has named its new chief of cardiac surgery, selecting a physician from England to fill the role.

Mass. nurses union selects new executive director

The Massachusetts Nurses Association, a Canton-based labor union representing nurses throughout Central Massachusetts and the state, has named Joe-Ann Fergus as its new executive director.

New law bars homesellers from conditioning accepted offers on inspection waivers

Buyers do not have to conduct an inspection, but they are banned from letting sellers know before an offer is accepted that they intend to waive the home inspection.

🔒Ascentria Care Alliance names new chief of strategic business development

Ascentria Care Alliance, one of Central Massachusetts’ largest human services nonprofits, has named a new chief of strategic business development at the Worcester-based organization.

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