Home Depot’s Blank gives $50m for Babson leadership school

Home Depot cofounder Arthur Blank has distributed hundreds of millions through grants from his family foundation since its formation in 1995. But none of the gifts were as large as this one.

Somerville, MA - Keytar Bear plays the keytar at Davis Square in Somerville, Mass. on Saturday, Nov. 2. The anonymous busker said he plays in various locations in the Boston proper area four times a month.

ON THE STREET: The changing face of Greater Boston’s favorite neighborhoods

Davis Square’s character is being challenged. Can it survive?

As a major development plan is debated for the Somerville neighborhood, residents and businesses worry about what might be lost.


With its new video game system, Google is playing us again

Stadia, which launched Tuesday, does away with consoles in favor of streaming. But it also allows the company to collect more data on users.

Boston, MA - 10/25/2019 - Beth Horning of Cambridge works on her computer while at Diesel Cafe in Davis Square in Somerville, Mass. on Friday, Oct. 25. (Nic Antaya for The Boston Globe) Topic: 05OntheStreetDavis2

Davis Square is wonderfully weird — but will it last?

As Somerville’s commercial center for two decades, Davis Square has defined itself as an oasis of independent businesses.

Latest Business headlines


PG&E warns nearly 800,000 Californians about possible power cut this week

Stories you may have missed from the world of business.

Chesto Means Business

Federal judge dismisses claims against Wynn Resorts filed by former Suffolk Downs owner

Wynn wins one in Boston federal court, but the litigation over the Encore Boston Harbor casino is far from over.

Chick-fil-A halts donations to 3 groups against gay marriage

Chick-fil-A is ending donations to three groups that oppose gay marriage in an effort to halt protests and broaden its customer base. But the move has angered some of the fast food chain’s fans.

Trump summons Powell to discuss rates amid White House attacks on Fed

Monday’s meeting could fuel concerns that the White House is intensifying public pressure on Powell, who was Trump’s own choice to lead the Fed, to cut rates more aggressively.

Alkermes to acquire Boston-based Rodin Therapeutics

The deal gives Alkermes another possible path to growth following a handful of disappointments in its research pipeline and the 2018 refusal of the Food and Drug Administration to consider its drug for treatment-resistant depression.


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Sean P. Murphy is the Globe’s consumer columnist, and he’s here to take your queries.

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Top Places to Work

//c.o0bg.com/rf/image_90x90/Boston/2011-2020/2018/11/14/BostonGlobe.com/Magazine/Images/intro2018tptw.jpg The 2018 Top Places to Work in Massachusetts

These 128 businesses have the happiest employees in the state. Here are sortable lists of the winners, and how we compiled them.


//c.o0bg.com/rf/image_90x90/Boston/2011-2020/2019/05/02/BostonGlobe.com/National/Images/gel.jpg Developing new antibiotics requires new incentives, experts say

The private sector is unwilling to take on the financial risk, experts say, despite desperate need.

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September 27 1986 / Globe Staff Photo by George Rizer / Somerville Streets / Davis Square 060816

A history of innovation -- The story of Davis Square

1883: Davis Square officially becomes a square, named for Person Davis, a politician and grain dealer who was one of the largest landowners in the area, which was rapidly developing after the arrival of the Lexington and Arlington Railroad in 1870.

Somerville, MA - 8/28/17 - Commuters wear sweaters and pants during a chilly August morning at the Davis Square red line stop on Monday, August 28, 2017. (Nicholas Pfosi for The Boston Globe)

Davis Square: A place where startups grow, but don’t always stay

In many ways, Davis Square is a startup’s dream. But successful startups eventually need room to grow, and these days, that can be hard to find there.

Senator Elizabeth Warren has made “Billionaire Tears” a campaign slogan.

Shirley Leung

Elizabeth Warren has billionaires shedding tears. Who are business leaders backing instead?

Business leaders who are big Democrat donors are in search of a candidate to support. Can Deval Patrick be the candidate for both the working and capitalist classes?

A de-icing delay can cost an airline more than $20,000, entrepreneur Alex Bratianu said.

Scott Kirsner | Innovation Economy

What if you didn’t have to wait for your plane to be de-iced?

A local startup run by two MIT grads is working on a way to speed up the process, and help the environment.

Ty Law went for a jump at at the recently opened Launch trampoline park in Framingham. The former Patriots player helped found the children’s attraction, which now has 33 franchises in the United States. The Framingham location has video games and laser tag, as well as a gym that features trampolines, foam pits, and ziplines.

Ty Law keeps jumping around

The former Patriot’s chain of indoor recreation parks for kids, called Launch, continues to expand.


Stories you may have missed from the world of business


Earlier this month, Juul stopped selling mint-flavored pods in the United States as it awaits direction from the FDA.

Chesto Means Business

Juul sued over its marketing to young people

A Taunton lawyer is suing the San Francisco-based e-cigarette company over its marketing practices, accusing Juul of causing 24-year-old Michael Glick to develop a severe nicotine addiction through aggressive efforts to get teens and young adults to start vaping.

FILE - In this Feb. 9, 2017 file photo, the logo of the Nissan Motor Co. is seen on a car displayed at the gallery of its global headquarters in Yokohama, near Tokyo. Nissan is recalling over 450,000 vehicles worldwide because a brake fluid leak could cause them to catch fire. Because of the fire risk, the company is urging owners to park the vehicles outdoors and away from structures if the antilock brake light comes on for more than 10 seconds. The recall, detailed in documents posted Friday, Nov. 15, 2019 by the U.S. government, covers the Nissan Murano SUV from 2015 through 2018, and Maxima sedans from 2016 through 2018. Also included are Infiniti QX60 and Nissan Pathfinder SUVs from 2017 through 2019. Most are in the U.S. and Canada. (AP Photo/Shizuo Kambayashi, File)

Fire danger causes Nissan to recall over 450,000 vehicles

Nissan is recalling over 450,000 vehicles worldwide because a brake fluid leak could cause them to catch fire.


Here’s what you might’ve missed from the week in business

Four of the top stories from the past week.

Speaking in the Roosevelt Room Friday, President Trump discussed transparency in health care prices.

White House seeks disclosure of actual health care prices

New rules from the Trump administration on Friday would require insurers and hospitals to disclose upfront the actual prices for common tests and procedures to promote competition and push down costs.

Plainridge Park Casino in Plainville.

Plainridge has its slowest month yet as casino competition increases

Revenue numbers for October also dropped again at the Encore Boston Harbor and MGM Springfield.

Roche is based in Basel, Switzerland.

Swiss drug giant Roche buying Lexington’s Promedior for $390m

The local biotech is working on a treatment for a rare and deadly lung disease.

A rendering of the apartment building planned for 3368 Washington St. in Jamaica Plain.

City approves supportive housing complex for homeless in Jamaica Plain

The building would be developed by the Pine Street Inn and partners and include 140 studio apartments, along with social services.

Massachusetts Attorney General Maura Healey recently settled with Boston gig economy company Stynt.

As gig economy expands into temporary staffing, worker protections retreat

A settlement with Massachusetts attorney general creates a hybrid model offering protections that independent contractors lack.


WeWork had $1.25b in losses in the third quarter

Stories you may have missed from the world of business.

The merger between Gannett and GateHouse Media is expected to reach formal completion Tuesday, the companies said in a statement Thursday.

The new Gannett will be the largest newspaper publisher in the US

Roughly one in four newspapers in the United States has closed since 2004, and many that managed to survive have been cut to the bone. Now, more than 260 dailies will be controlled by the same company.

The 2019 Mazda CX-5 at the New York Auto Show. Japanese brands Lexus, Mazda, and Toyota led the group’s reliability rankings.

Consumer Reports finds vehicle redesigns come with glitches

When it comes to buying a new car, the latest and greatest may not be the most dependable.

Weekend agenda

A conference on doing business in Latin America, a personal finance seminar, and other events and things to know.

Handguns on a rack at the Smith & Wesson factory in Springfield, where the gun portion of the company will stay after the split.

CHesto Means Business

Gunmaker’s split underscores challenges facing the industry

These are tough times to be running a gun manufacturer. Just ask the people who lead American Outdoor Brands.

S&P 500 ekes out record high after listless day of trading

The benchmark index notched its third consecutive gain after spending most of the day wavering between small gains and losses.

Though Deval Patrick was once a leading civil rights lawyer, his resume is heavy on corporate positions.

Deval Patrick worked at Bain Capital, a one-time Democratic target. How will voters respond now?

Patrick focused on impact investing, pitched as a kinder, gentler kind of private equity.

Amazon plans lawsuit challenging loss of Pentagon cloud deal

Amazon.com Inc. has given notice that it will file a lawsuit challenging the Defense Department’s decision to award Microsoft Corp. a cloud computing contract valued at as much as $10 billion over a decade.

Federal Reserve chairman Jerome Powell testified during a hearing before the House Budget Committee Thursday.

Powell urges Congress to tackle growing budget deficit

Federal Reserve chairman Jerome Powell on Thursday urged Congress to tackle the growing budget deficit but also underscored the current health of the nation’s economy.

An artist’s rendering of the condo building planned for India Street on the edge of the Greenway.

More luxury condos planned for along the Greenway

The 12-story building will feature units that are larger than is typical for downtown, starting at more than $2 million.

Keith and Mary Irvine pose for a portrait in their home in Waltham. The couple has been waiting months for the delivery of a special Neil Diamond plaque.

Sean P. Murphy | The Fine Print

Good times not so good for Neil Diamond fans whose plaque wasn’t delivered

Keith and Mary Irvine ordered a special commemorative Neil Diamond plaque in August for their daughter. It was supposed to arrive within 10 business days. They’re still waiting.


Top Baker aide leaving for renewable-energy developer

Stories you may have missed from the world of business.

Facebook also said it removed 3.2 billion fake accounts from its service from April to September.

Facebook reports it took action against tens of millions of posts for breaking rules on hate speech, harassment, and child exploitation

It also said it removed 3.2 billion fake accounts from its service from April to September, up slightly from 3 billion in the previous six months.

Business agenda

Mortgage rates, a public speaking workshop, and other events and things to know.

American Outdoor to split into two firms, separating its gun business

American Outdoor Brands Corp. said it will split into two publicly traded companies, one focused on firearms and the other on outdoor products.

Subzero Interest Rates Are Luring Insurers to Risk

MUNICH — It was a crisp fall morning and Tom Wilson was contemplating the latest sign that the world of finance had turned upside down.

Linda Birnbaum said the plan “will practically lead to the elimination of science from decision-making.”

Ex-government health chief joins warnings about EPA proposal

A former top government environmental health official joined health experts on Wednesday in expressing alarm as the Trump administration moves forward with a proposal that scientists say would upend how the United States regulates threats to public health.

Wobbly day for stocks ends mixed

The Dow Jones Industrial Average and S&P 500 index each eked out a modest gain that was good enough to nudge them to record highs.

Chaya Rusk (center) used the “alternative seating” (a swing) and Shuya Gong got comfortable in the mobile table.


At IDEO, everything happens by design

Inside and out, IDEO’s colorful cube-shaped building on Prospect Street in Cambridge is a three-dimensional demo of the global design firm’s brightest ideas, as well as an incubator of the firm’s creative culture.

Brake lights dominated a stopped-up Storrow Drive in both directions in Boston.

Chesto Means Business

Dozens of mayors and town managers call for 15-cent gas tax hike

The business community may be divided on a gas-tax hike, but Greater Boston’s mayors are embracing a relatively big one.

Sugarbush purchased by Denver-based ski conglomerate

The Vermont ski mountain was one of the last independently run resorts in an industry consolidating under a few conglomerates.

Federal Reserve Board Chair Jerome Powell testifies on the economic outlook, on Capitol Hill in Washington, Wednesday, Nov. 13, 2019. (AP Photo/Jose Luis Magana)

Fed’s Powell brushes aside Trump’s call for negative interest rates

Federal Reserve Chairman Jerome Powell’s comments came 24 hours after Trump bashed the Fed for not slashing interest rates more.


Debut of Disney streaming service has some hiccups

Stories you may have missed from the world of business.

FILE -- A McDonald's in Manhattan on Oct. 2, 2019. A former McDonald’s employee who says she was assaulted by a manager at a Michigan store who grabbed her breasts and buttocks is suing the chain, blaming her mistreatment on what she called a culture of sexual harassment. (Jeenah Moon/The New York Times)

McDonald’s lawsuit targets ‘pervasive’ culture of sexual harassment

A former McDonald’s employee who says she was assaulted by a manager at a Michigan store who grabbed her breasts and buttocks is suing the chain, blaming her mistreatment on what she called a culture of sexual harassment.

Nissan profit tumbles as it struggles to move past management problems

Nissan reported Tuesday the latest bad news in a very difficult year: Its profit has continued tumbling and the situation is expected to get worse.

Stocks edge higher as investors weigh trade

The S&P 500 eked out a gain after retreating from a record as remarks by President Trump didn’t add much insight into negotiations between the world’s two largest economies.

General Electric unveiled the world's largest offshore wind turbine blade at a wind testing facility in Charlestown last week. AIM’s top energy expert, Bob Rio, attended the event.

Chesto Means Business | Jon Chesto

Associated Industries of Mass. joins the effort to save Vineyard Wind

Lately, the employer group has emerged as an unlikely champion of offshore wind power.

Innovation Economy by Scott Kirsner


Kirsner’s Innovation Economy column appears in the Boston Sunday Globe, and he contributes to the Globe’s Beta Boston website.