Massachusetts News
- Speaker Robert DeLeo to Mark Zuckerberg: Open a Facebook office in MassachusettsMassachusetts House Speaker Robert A. DeLeo is urging Facebook to consider opening an office in the Bay State, where the social media company has its roots. DeLeo made his plea in an open letter to chief executive Mark Zuckerberg, who cofounded Facebook in a Harvard University dorm room in 2004. Zuckerberg later moved the company to California, where Faceboo […]
- Massachusetts health insurers report their operating earnings dropped in first quarterAfter registering higher earnings in 2011, the state’s nonprofit health insurers posted falling operating income -- and in two cases, operating losses -- for the first quarter as they handled more medical claims. The early months of the year typically bring more claims. People delay elective procedures until after the holidays and insurance companies have to […]
- Massachusetts to receive $19.8 million as part of multi-state settlements with Abbott LaboratoriesMassachusetts will get $19.8 million as part of a pair of multi-state settlements with Illinois drug company Abbott Laboratories, which agreed to pay a total of $900 million and plead guilty to violating a federal drug law to resolve charges of illegal off-label marketing. The settlements revolve around the company’s promotion of the anti-seizure medication […]
- Fitch Rates Massachusetts Water Pollution Abatement Trust Pool Program's $226.7MM Revs 'AAA'Fitch Ratings assigns an 'AAA' rating to the following Massachusetts Water Pollution Abatement Trust Pool Program's series state revolving fund program bonds: […]
- Fitch Rates Massachusetts' $350MM GO Bonds 'AA+'; Outlook StableFitch Ratings assigns an 'AA+' rating to the following Commonwealth of Massachusetts general obligation bonds: […]
- Massachusetts to save $91 million in health insurance costs, regulators sayMassachusetts will save approximately $91 million over the next year -- and thousands of residents who receive state-subsidized health insurance will keep the same benefits with no co-payment increases -- thanks to renegotiated contracts with insurers, regulators announced Wednesday. […]
- Massachusetts Senate passes bill to allow verbal instead of written consent for HIV testThe state Senate approved a proposal today that lawmakers say will provide greater access to HIV tests and bring Massachusetts into compliance with federal recommendations aimed at promoting more testing. The measure reduces barriers to testing by eliminating the need for doctors to obtain written consent from patients, and instead requires only verbal conse […]
- Massachusetts General researchers discover stem cell that makes eggsMassachusetts General Hospital researchers reported today they have discovered a rare stem cell in human ovaries that they hope one day might be used to make eggs, a claim already generating vigorous debate among scientists familiar with the research. […]
- Massachusetts releases report cards on hospital-acquired infectionsMassachusetts public health officials have called together patient safety leaders to determine why hospitals reported a high rate of surgical infections among women who received vaginal hysterectomies over the past two years. The infection rates for vaginal hysterectomies emerged as health officials released report cards today for 71 hospitals, showing how m […]
- Is Facebook Moving Back to Massachusetts?The Speaker of the Massachusetts House of Representatives, Robert DeLeo, is getting local media attention??by imploring??CEO to move??Facebook?s headquarters back to Massachusetts. For DeLeo, it?s a cleverly-timed??way to get attention for a mind-bogglingly stupid idea. DeLeo told a local TV station, ?It bothers me in the sense that [Zuckerberg] should be he […]
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Business News
- Fitch Rates Massachusetts Water Pollution Abatement Trust Pool Program's $226.7MM Revs 'AAA'Fitch Ratings assigns an 'AAA' rating to the following Massachusetts Water Pollution Abatement Trust Pool Program's series state revolving fund program bonds: […]
- Fitch Rates Massachusetts' $350MM GO Bonds 'AA+'; Outlook StableFitch Ratings assigns an 'AA+' rating to the following Commonwealth of Massachusetts general obligation bonds: […]
- Massachusetts-Based EquipNet Celebrates 13 Years in Business by Expanding Appraisal/Valuation ServicesEquipNet has a lot to celebrate this month with its 13-year anniversary, the expansion of its equipment and business appraisal and valuation services, and the relocation of its headquarters to a new 110,000 square foot facility in Canton, MA. Founded in Massachusetts in May, 1999, EquipNet has become a global leader in helping companies buy, sell, and manage […]
- President Obama signs insider trading bill championed by Senator Scott BrownPresident Obama today signed into law a congressional insider trading bill championed by Senator Scott Brown of Massachusetts, a Republican, and hailed the legislation as an example of bipartisanship in the nation’s capital. Brown seemed to relish the moment, smiling broadly as the president signed the bill, which the Bay State senator considers a signature […]
- Religious, business leaders support aggressive cap on health cost increasesReligious and business leaders in Massachusetts are calling for state lawmakers to rein in health spending more aggressively than House Speaker Robert DeLeo has proposed, but groups representing doctors and hospitals warned that slowing spending too sharply could be harmful. DeLeo said recently his goal for legislation expected to be filed shortly was to cap […]
- Clipboard: Health plan options for small businesses expandingThe state has approved a plan by the Retailers’ Association of Massachusetts to create a small business cooperative for buying health insurance plans as a group, giving the employers access to less expensive plans. The approval came just as the Massachusetts Health Connector was relaunching its Business Express program, an online insurance marketplace simila […]
- Mass. unemployment rate falls to 6.3 percent in April; Employers add 2,500 jobsThe Massachusetts unemployment rate fell to 6.3 percent last month as employers added 2,500 jobs, the state Executive Office of Labor and Workforce Development reported Thursday. […]
- Pegasystems and Ness Technologies Announce Expanded Global AllianceCAMBRIDGE, Massachusetts and TEANECK, New Jersey, May 17, 2012 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the leader in Business Process Management (BPM) and software for customer centricity, and ... […]
- Deval Patrick addresses state and national audiences as he talks health careSpeaking to both state and national audiences, Governor Deval Patrick today defended the idea of government promoting near universal health care, even as he called on lawmakers, health care providers, and the business community to work jointly on controlling its cost. Patrick said he will only support final legislation that controls spending, provides flexib […]
- After fall, insurers' auto rates up againAuto insurance rates, which tumbled after Massachusetts opened the state to more competition four years ago, are marching steadily upward again. […]