Standard and Poor's Rating Services has upgraded UMass Memorial Medical Center's outlook from negative to stable, citing improved financial performance and affirmed the Worcester hospital's BBB+ bond rating on Tuesday.
Since mid-August, it's been hard to look at a newspaper or website without seeing a headline about the Chinese economy. The country saw its stock market crash, sending shock waves through global markets, and it devalued its currency and cut interest rates in an effort to jump-start flagging growth.