The latest Central Massachusetts business news
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Tuesday, July 5, 2016
 
Printers Building: Manufacturing an artistic enclave in Worcester
 
With Davis Publications as its anchor tenant, the Printers Building in Worcester has been able to attract business dedicated to manufacturing, education and creation, including makerspace Technocopia and the Worcester CleanTech Incubator.
 
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Uncertainty weakens business confidence
 
Weak job growth nationally and the uncertainty that followed Great Britain's vote to leave the European Union contributed to a drop in employer confidence last month, according to a monthly employer survey.
 
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Clinton museum returns rare Russian icons
 
A misunderstanding that led Russian officials to believe 16 rare and historic icons had been lost has been resolved as the Museum of Russian Icons has sent the pieces back to Russia to be examined and ultimately returned to the Clinton museum that owns them.
 
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Worcester insurance agency hires commercial manager
 
Worcester’s Marsh & McLennan Agency has brought on Annette Oakes to lead the company’s commercial lines division for the New England region.
 
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Mass. home care costs hold steady
 
A new study of home care costs reports they are holding steady in Massachusetts for 2016, but nursing home care remains much more expensive than the rest of the country.
 
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Economic development bill on the move
 
A major economic development bill was advanced by members of the House Ways and Means Committee over the holiday weekend.
 
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Mass. acute care hospitals profitability holds steady
 
The profitability of 63 acute care hospitals in Massachusetts was stable for the period ending March 31, 2016.
 
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Regional Roundup
 
Too many Boston nonprofits? (Boston Globe)
 
U.S. factory orders down (Telegram and Gazette)
 
Brexit may have cost banks $165M (Bloomberg)
 
Investing in multi-family homes (MetroWest Daily News)
 
 
Question of the Week
 
Can't answer the question in your email? Click here to view as web page before commenting.
 
The Massachusetts House approved a bill last week that restricts the use of non-compete agreements. The bill would limit the length of non-compete agreements in most circumstances to 12 months and prohibit employers from enforcing the agreements on minimum-wage workers, college students or employees 18 and younger.
Do you support reining in non-compete clauses?
Yes. Most employers use them unnecessarily.
Yes. They restrict people's right to work in the field of their expertise.
No. Non-compete clauses need to be broad to be effective.
No. Intellectual property and trade secrets must be safeguarded.

 
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JM Coull construction firm names new COO
 
 
Baker backs Nashoba winery in alcohol dispute
 
 
Disability advocates blast proposed personal care regulations
 
 
AG steps in on Nashoba winery dispute
 
 
Antonio's Pizza expands to Worcester with $3M restaurant
 
 
Research Bureau: Worcester needs parking division
 
 
Fitness company eyes MetroWest for Mass. launch
 
 
Greendale Mall sold for $11.8M; future uncertain
 
 
Healy stepping down as MassMEP president on July 1
 
 
 
 
 
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