For some in Mass., offshoring still stings

The number of laid-off workers in Massachusetts who request retraining because they lost their jobs to offshoring has increased since President Trump was elected.

18leung - MIT students hold a rally in response to their university's ties to Jeffery Epstein. (Shirley Leung/Globe Staff)


The Jeffrey Epstein donations: Is an apology from the MIT president good enough?

MIT president Rafael Reif recently revealed that Epstein gifts were discussed “at at least one of MIT’s regular senior team meetings, and I was present.” So why didn’t he say something?

Cynthia Graber at the bike racks at the Davis Square station.

A bike is stolen from a poorly installed MBTA bike rack. And the T says it’s not responsible

When her bike was stolen, Cynthia Graber was stunned and angry to find the racks at the Davis Square station weren’t bolted to the ground.

Eva Millona launched the business coalition on immigration a year ago.

Chesto Means Business

Business leaders make the case for immigration reform

Representative Joe Kennedy is on the cusp of deciding whether to challenge Senator Ed Markey. But that’s not why nearly 150 people packed a conference room at TripAdvisor’s Needham headquarters on Tuesday.

Latest Business headlines

WeWork delays IPO after chilly reception from stock investors

WeWork, the shared office space giant, was able to gain the backing of some of the world’s top investors, but it received a much colder reception when it tried to pitch its shares on Wall Street.

Fed intervenes in market to set its interest rate, a first since the financial crisis

The Federal Reserve had to step into financial markets Tuesday to keep interest rates from rising above the Fed’s target.

Business Agenda

A pitching event, a customer psychology workshop, and other events and things to know.

US stock indexes edge up as oil gives up half of its price spurt

US stock indexes ticked closer to record heights on Tuesday, but the modest moves belied plenty of churning underneath.

Facebook expands definition of terrorist organizations to limit extremism

Facebook, the world’s largest social network, has been under intense pressure to limit the spread of hate messages, pictures, and videos on its site.


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


// Developing new antibiotics requires new incentives, experts say

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

More Business headlines

Southcoast Health, Blue Cross at odds over payment rates

The dispute threatens to disrupt care for thousands of patients.

FILE - This Aug. 21, 2009, file photo shows the NBC logo at its headquarters in New York. Comcast’s NBCUniversal says its upcoming streaming service will be called Peacock, in an homage to NBC’s logo, and will be the home for some of the company’s most popular shows, including “Parks and Recreation,” “The Office” and “30 Rock.” (AP Photo/Bebeto Matthews, File)

‘Saved by the Bell’ will get a reboot as part of NBC’s ‘Peacock’ streaming service, which launches in April

Peacock’s lineup will include series like ‘‘30 Rock,’’ ‘’Will & Grace,’’ and ‘‘Cheers,’’ as well as original new movies and shows like reboots of ‘‘Battlestar Galactica’’ and ‘‘Saved by the Bell.’’

Deshpande’s nonprofit EforAll program expands to Roxbury

Desh Deshpande made a name for himself — and a fortune — in the telecom industry. But he could end up having a more lasting impact in philanthropy and entrepreneurship.

Workers rallied at the GM plant in Spring Hill, Tenn., on Monday. The strike began at midnight on Sunday.

GM strike lurches on as President Trump and other political leaders watch and wait

Representatives for both the company and United Auto Workers, which is leading the strike, expressed hopes for a near-term fix but details remained scarce.

Dennis Baker is the lift department manager at Wachusett Mountain.


This job comes with a breeze and view

Dennis Baker is the lift department manager at Wachusett Mountain. And every day at work he enjoys dramatic 360-degree views atop the mountain.

Trump cleared to put more tariffs on Europe in Airbus case

The World Trade Organization will grant the United States permission to impose tariffs on the European Union as part of a prolonged scuffle over subsidies given to European plane maker Airbus.

Business agenda

A workshop on building customer loyalty, a book reading and other events and things to know.

FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. Federal Reserve Chairman Jerome Powell said Friday, Sept. 6, 2019 that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will

Trump urges ‘Big’ rate cut as Fed faces challenges

WASHINGTON — The Federal Reserve is poised to cut interest rates for the second time this year Wednesday as policy makers try to get ahead of economic risks emanating from a global slowdown, President Donald Trump’s trade war and uncertainty about the road ahead.

Larry Edelman

Memo to Harvard: Give away all the Epstein money

Donating the full $9 million — not just the $186,000 that remains unspent — to worthy causes would send an important message throughout the academic world.

US stocks slip as spike in crude oil rattles market

Airlines and other companies in fuel-dependent industries dragged stocks lower after an attack on Saudi Arabia’s biggest oil-processing facility sent crude prices soaring.

Encore had its best month yet in August, but slots action still lags

Revenue at Everett casino was up $4 million from July, to $52.5 million.

Massachusetts Attorney General Maura Healey during a press conference on  Monday.

Healey vows to keep pursuing Purdue ‘perpetrators’

Attorney General Maura Healey says she won’t be deterred by the OxyContin maker’s bankruptcy filing.

Baker wants to sell Hynes to help fund South Boston convention center expansion

The governor’s plan is a scaled-down version of a proposal he shelved four years ago.

Amazon’s stock fall after report that it prioritized profit in search listings

Amazon reportedly changed its secret algorithm that ranks search results to lift more profitable items, a departure for a company that typically emphasized customer satisfaction and bestsellers.

Jonathan Bush has landed a new gig as executive chairman of the Boston startup Firefly Health.

Former athenahealth CEO Jonathan Bush joins health care startup

The outspoken former chief executive has landed a new gig as executive chairman of Boston’s Firefly Health, a business that can provide primary care for patients through an app.

FILE - This May 8, 2007, file photo shows the Purdue Pharma logo at its offices in Stamford, Conn. It’s not entirely clear what a bankruptcy filing for Purdue Pharma would mean for the wealth of the Sackler family behind the business. Depending on how various legal actions proceed, the billionaire family could be on the hook for much more than outlined in the settlement. (AP Photo/Douglas Healey, File)

Purdue Pharma, maker of OxyContin, files for bankruptcy

The company that makes prescription painkiller OxyContin has filed for bankruptcy protection amid lawsuits over opioid crisis.

Scott Kirsner | Innovation Economy

Can the MIT Media Lab save itself?

With the renowned center’s future in question because of its ties to Jeffrey Epstein, local innovators say swift changes are needed.


Chamber CEO looks to revive effort to strengthen school-business ties in Boston

The existing connection is not particularly strained, Jim Rooney says; it’s the wasted potential that has left him disappointed.

UAW votes to strike at General Motors’ US plants

The United Auto Workers union announced that its roughly 49,000 members at General Motors plants in the U.S. will go on strike Sunday night after contract negotiations with the automaker broke down.

What if your retirement meant finally pursuing your lifelong passion of becoming an entrepreneur?


Here’s how to retire to a rich life as an entrepreneur

You can retire to a rich life of self-employment, according to author Kerry Hannon.

New York, Massachusetts, and others contend that the Sacklers drained more than $4 billion from Purdue since 2007, moving much of it offshore to avoid future claims.

Filings: Purdue owners used Swiss banks to hide transfers

The family that owns OxyContin maker Purdue Pharma used Swiss bank accounts to conceal the transfer of millions of dollars from the company to themselves, New York state’s attorney general contends in court papers filed Friday.

Zantac has low levels of a cancer-causing chemical, FDA says

The Food and Drug Administration said Friday that it had detected low levels of a cancer-causing contaminant in samples of heartburn medicines containing the drug commonly known as Zantac. It was advising patients who take over-the-counter versions to consider switching to a different medication.

China calls off rise in tariffs on US soybeans and pork as trade overtures resume

China calls off rise in tariffs on US soybeans and pork as trade overtures resume

Recent home sales south of Boston (September 11)

ROCKLAND: 2 Holly Court #2; Condo Condo/Apt, built in 1988, 1,518 square feet, 8 rooms, 2.5 baths, on 1,213,277-square-foot lot. $346,900 |

Pacific Gas & Electric and a group of insurers say they have reached an $11 billion settlement to cover most of the claims from the 2017 and 2018 wildfires in California.

PG&E reaches $11b deal with California wildfire insurers

Pacific Gas & Electric has agreed to pay $11 billion to a group of insurance companies representing claimants from deadly Northern California wildfires in 2017 and 2018 as the company tries to emerge from bankruptcy, the utility announced Friday.

The London Stock Exchange rejected an unsolicited takeover bid from its Hong Kong counterpart, citing “fundamental concerns” about the offer. The London Stock Exchange said Friday that it sees “no merit” in going forward with the offer because of the concerns.

London stock exchange rejects takeover bid From Hong Kong

London officials said in a letter to the Hong Kong Stock Exchange that they had fundamental concerns about the proposal, adding that the Hong Kong exchange’s relationship with the territorial government there would “complicate matters.”

The MIT Media Lab lobby.

Larry Edelman

A sordid relationship with Jeffrey Epstein threatens MIT Media Lab’s future

The lab’s director resigned last weekend. The scandal may cost others at MIT their jobs, perhaps even president L. Rafael Reif.

A rendering of the building WS Development has proposed for the Seaport District.

Demand for office space trumps housing in the Seaport

A developer wants to scrap plans for apartment building, possibly to accommodate Foundation Medicine’s move from Kendall Square.

New England Patriots wide receiver Antonio Brown.

Shirley Leung

On Antonio Brown, the Patriot Way is about looking the other way

Let’s call the Patriots’ handling of Antonio Brown for what it is: Putting lipstick on a pigskin.

New lab planned in the Seaport for fledgling biotech companies

European Central Bank chief Mario Draghi said countries that can afford it should increase public spending.

ECB acts to head off recession threat in Europe, with a caveat

FRANKFURT — The European Central Bank cut a key interest rate but signaled that it was reaching the limits of what it could do to stimulate the eurozone economy.

Mass. drivers are again taking on Uber over work status

A court ruling opened the door for another round of litigation over whether ride-hail drivers are really independent contractors.

The Rock the Register is funded by $10 million from Columbia Gas.

Chesto Means Business

Business recovery efforts continue, one year after the Merrimack Valley explosions

Twelve months have passed since an overpressurized gas line on Columbia Gas’ system wreaked havoc in the three Merrimack Valley communities, and the local business community is still putting the pieces back together.

Premiums for Mass. Health Connector to rise 4 percent in 2020

Nine insurance companies are offering 56 different plans to individuals shopping for 2020 coverage, about the same number of options available now.

Weekend agenda

Business conferences for women, a budgeting workshop and other events and things to know.

Traders work before the closing bell at the New York Stock Exchange (NYSE) on September 12, 2019 at Wall Street in New York City. (Photo by Johannes EISELE / AFP)JOHANNES EISELE/AFP/Getty Images

Stocks rise on fresh optimism ahead of US-China trade talks

Stocks rose on Wall Street Thursday after the United States and China took steps to ease tensions in their costly trade war, putting investors in a buying mood.

The shaded area is an aerial view of Newbury College’s Brookline campus, which was sold this week to senior housing developer Welltower. Welltower has offered to sell part of it — the lower shaded area west of Fisher Avenue, which bisects the ten-acre campus — to the Town of Brookline.

Newbury College campus sold for $34 million, will become senior housing

Long a place for the young, the Brookline campus of Newbury College will now become a place for the old.

Cathy Judd-Stein, the commission chairwoman, said she had not seen “sufficiently changed circumstances to warrant a motion for reconsideration at this time.”

Gaming Commission declines to reconsider Brockton casino proposal

The decision leaves no project with a clear path to approval for the state’s final resort casino license.

Tim Cook, Apple’s chief executive, discusses Apple TV Plus and its programming at an annual product launch event in Cupertino, Calif., Sept. 10, 2019. Apple, offering much less programming than streaming rivals, will court subscribers by emphasizing its quality. (Jim Wilson/The New York Times)

Apple TV Plus is just $5. Will people pay for it?

In the streaming industry, $5 is a figure that grabs attention.

CAMBRIDGE, CO - SEPTEMBER 10, 2019: Crosby Najarian moves his 1951 Chevy pickup outside Fresh Pond Market in Cambridge, MA on September 10, 2019. The 100-year-old Huron Village institution will close on September 14, 2019. The neighborhood grocer and butcher is run by third generation family members, brothers Marc and Crosby Najarian. (Craig F. Walker/Globe Staff) section: Metro reporter:

After nearly a century in business, Fresh Pond Market will close this weekend

The neighborhood institution in Cambridge’s Huron Village will sell its last cut of meat this Saturday.

Phil Schiller spoke about the new iPhone 11 Pro and Max during an Apple event Tuesday.

Does the new iPhone creep you out? Scientists grapple with why tiny holes scare some people

Trypophobia — a fear of clusters of small holes like those found in honeycombs, lotus seed pods, and the new iPhone 11 Pro — has been called “the most common phobia you have never heard of.”

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.