Mass. sets tougher target for health spending

The Health Policy Commission set a target of keeping growth in medical spending to 3.1 percent a year, down from 3.6 percent.

Newton, MA., 12/28/16, The live video behind the anchor desk at the new NBC Boston, NECN, Telemundo Boston studios. The Boston Globe got a tour\preview of the new studio and channel that debuts on Jan. 1 Suzanne Kreiter/Globe staff)

NBCUniversal plans a $125m headquarters in Needham

Three months after launching a new station, NBCUniversal is investing in a $125 million site in the Needham Crossing office park.

Laptop computer being watched in the office by a security camera concept for big brother surveillance or internet computer security

Hiawatha Bray | Tech Lab

Internet privacy, such as it is, loses yet another defense. Sad!

Congress is poised to loosen online privacy rules, but we’ve never had full privacy in our Internet use.

Santander to pay $26m to settle subprime auto-loan case

The money will settle allegations that Santander provided unfair, high-interest loans to car buyers and mislead investors about the ability of borrowers to repay them.

Latest Business headlines

With $55m, Third Rock launches cancer drug startup Tango Therapeutics

One of the Boston area’s most prolific engines of biotech innovation is set to launch a new Cambridge cancer drug company.

Gaming regulators approve sale of Suffolk Downs to developer

The owners of the track cleared a key hurdle on Thursday as they race to close on a deal to sell the property next month to a local developer.


Does your Samsung washer vibrate too much? You might qualify for a rebate

Some of the company’s washers can vibrate so violently that their glass lids can shatter.

Not all local biotech news this week is upbeat: Two companies are cutting jobs

Takeda is eliminating 180 positions at Ariad while Agenus will lay off 50 workers.

Tufts nurses union authorizes one-day strike

The union that represents nearly 1,200 nurses at Tufts Medical Center said they authorized a one-day strike. No date has been set.


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More Business headlines

Thursday’s business agenda

Workshops, meetups, and more notable events and things to know.

Anbang mulled a $4 billion upgrade of the Fifth Avenue office tower owned by the Kushner Cos.

Kushners seek new partners for NY tower after Anbang talks collapse

It would have put $400 million into the pocket of the family of Jared Kushner, President Trump’s son-in-law and most influential adviser.

Scott Gottlieb, President Trump’s nominee to lead the Food and Drug Administration, has links to 20 companies that could go before the FDA.

FDA nominee to recuse himself from decisions on some health care companies

Scott Gottlieb, a physician who served as deputy FDA commissioner during the administration of George W. Bush, has worked for numerous firms in a range of roles.

A view of the trading room at the German stock market Deutsche Boerse Frankfurt. The European Union blocked the proposed merger of Deutsche Boerse  and the London Stock Exchange on Wednesday.

EU blocks merger of London Stock Exchange and Deutsche Boerse

The London Stock Exchange and Deutsche Boerse have tried to merge three times since 2000, hoping to create a European stock market heavyweight.


First drug for aggressive MS wins FDA approval after 40-year odyssey

On Tuesday night, Swiss drug maker Roche Holding said that the FDA had approved its new drug for MS.

Samsung launches new Galaxy phones

In terms of innovation, the new phones pick up where Samsung had left off.

Westinghouse says it’s bankrupt, a blow to nuclear industry

The move by Westinghouse, which helped drive the development of nuclear energy, cast a shadow over the nuclear industry.


Bagel chain owner says thanks in a big way

The Trust family, through its foundation, bought a 9,000-square-foot site in Coolidge Corner and will pay for it to become the Brookline Early Education Program headquarters.

US stocks mostly higher as oil prices rise

The Dow Jones industrial average ended in the red; the S&P 500 and Nasdaq eked out modest gains.

Matt Pulley (top) is a sales and service consultant at a Wayfair call center in Bangor, Maine.

Looking for a job in Maine? Try a call center.

As technology improves, centers are increasingly seeking out sophisticated employees, and Maine centers are on the forefront.

Guy Verhofstadt, European Parliament coordinator for Brexit, spoke during a joint press conference on March 29 at the EU Parliament in Brussels, Belgium.

Evan Horowitz | Quick Study

Britain’s leverage isn’t great as it pushes Brexit forward

The European Union holds the upper hand in negotiations where Britain will seek to reset its relationship with the continent it has never fully embraced.

Davio’s expands to South Shore Plaza

Chief executive Steve DiFillippo has leased about 10,000 square feet in the South Shore Plaza in Braintree to open his ninth Davio’s restaurant by mid-summer.

Eric Rosengren.

Rosengren wants Fed to raise rates three more times in 2017

Boston Federal Reserve president Eric Rosengren is suggesting three more hikes, or one “at every other” committee meeting over the course of the year.

Jeffrey Leiden is chief executive of  Vertex Pharmaceuticals Inc., whose headquarters is in Boston Seaport district.

Vertex stock soars on promising data for cystic fibrosis drug

The Boston biotech’s shares rose by more than 20 percent Wednesday.

BOSTON, MA - 11/02/2016: THE MORNING RUSH HOUR in Boston at 9am crossing Atlantic Avenue and Summer Street from South Station in Boston. (David L Ryan/Globe Staff Photo) SECTION: METRO TOPIC stand alone photo

Greater Boston population growth cooling

New figures from the US Census indicate the region’s quick pace of population growth in recent years is tapering off, with more people moving out of state.

Asics will put a product design and creation studio in Boston, joining Converse, New Balance, and Reebok.

Asics is latest footwear company vying for space in Boston

Asics is opening a product creation and design studio near South Station.

David Noble, In Good Health’s president, said the service will utilize several measures to ensure marijuana deliveries are not diverted.

Brockton dispensary to offer statewide medical marijuana delivery

The launch of the service comes amid a debate over gray-market delivery services.

Canton09/23/14- Workers at Organogenesis who are on the company's softball team include Mike Joyce who checks the temperature of the liquid nitrogen in one of the labs. Boston Globe staff photo by John Tlumacki(business )

Organogenesis buying Ala. supplier of tissue products for surgeries

The price of acquisition by the privately held Canton company was not disclosed.

Laurence Fink, CEO of Black- Rock, will shift its focus more toward quantitative strategy in picking stocks.

At BlackRock, machines are rising over managers to pick stocks

Score one for the machines.

A quinoa taco dish at By Chloe.

Tip of the ‘iceberg’: Are we approaching salad overload?

Wander along Boylston Street, and it can seem a bit like salad row.

Diane Hessan is chairman of C Space. (Jessica Rinaldi For The Boston Globe)

shirley leung

Finally, some good news on boardroom diversity

Meet the GK15, companies in the Boston area with the most women and minorities on their boards.

Wednesday’s business agenda

Workshops, classes, and more notable events and things to know.

FILE - In this May 16, 2012 file photo, the Facebook logo is displayed on an iPad in Philadelphia. Facebook is adding more Snapchat-like features to its app. The company says it wants to let people's cameras

Facebook mirrors Snapchat (again) with Facebook stories

Facebook introduced Stories as part of several changes to help its nearly 2 billion users around the world share more photographs and videos on its mobile app.

Liane Hornsey, Uber’s chief human resources officer, was brought on board to revamp workplace processes and managerial styles.

Uber says its diversity report shows a white male culture that needs changing

Uber’s first diversity report depicted an overwhelmingly male employee base. But the company repudiated its past, saying its intense, masculine culture went too far.

Based on new trial data, Vertex to seek approval for third cystic fibrosis drug

“We’ve cracked the code’ of the genetic lung disease,” the Boston biotech’s chief executive said.

GM snubs Einhorn dividend proposal, cites rating risk

The decision potentially sets up a battle with the hedge fund manager, who believes his plan would boost shareholder value by as much as $38 billion.

US stocks break 8-day losing streak

Banks and other financial companies led US stock indexes higher after consumer confidence hit a 16-year-high.

The US Capitol dome as seen at sunset in November.

Evan Horowitz | Quick study

Will GOP decimate budget to notch win on tax cuts?

The weeks ahead will reveal which matter more to Republicans: tax cuts or balanced budgets.

Waze teams up with Dunkin’ Donuts so you can order your coffee ahead

Waze’s traffic navigation app is adding a new item to its menu — the ability to place orders at some Dunkin’ Donuts shops.

epa05071405 Signage outside the pharmaceutical company Sanofi offices in Cambridge, Massachusetts, USA, 16 December 2015. French drug maker Sanofi said on 15 December that it has launched exclusive talks with Germany's Boehringer Ingelheim for an 18.1-billion-euro (20-billion-dollar) exchange of assets between the two groups. EPA/CJ GUNTHER

Sanofi Genzyme wins approval for breakthrough eczema drug

The drug could generate as much as $3 billion in annual sales.

02/23/2016 - Boston, MA- Rodger Novak, (cq) Chief Executive Officer, CRISPR Therapeutics, right, takes part in a panel discussion during the CRISPR Congress at the Hyatt Regency Boston in Boston, MA on February 23, 2016. (Craig F. Walker/Globe Staff) section: Metro reporter:

Crispr Therapeutics gets European gene-editing patent

Company licensing technology from the University of California in Berkeley and University of Vienna.

Partners, GE help launch RIZE, an opioid addiction effort

RIZE Massachusetts hopes to raise $50 million over three years to support treatment and recovery programs.

Kernan and Braeden Farrell, who have spinal muscular atrophy, arrived home from school in Newburyport.

Hope for devastating child disease comes at a cost: $750,000 a year

The drug can treat children with spinal muscular atrophy, but it’s insurers are balking at paying up.

The world’s largest manufacturer of civilian drones is proposing that drones be required to continually transmit identification information to help government security agencies and law enforcement figure out which might belong to rogue operators.

Manufacturer: Drones should transmit identifier for security

The proposal suggests the craft continually transmit identification information to help government security agencies and law enforcement figure out which might belong to rogue operators.

Tuesday’s business agenda

Economic data, classes, and more notable events and things to know.

Dow-DuPont deal wins conditional antitrust approval from EU

Dow Chemical Co. and DuPont Co. won European Union approval for a $77 billion merger.

Demonstrators also had protested outside Santander’s headquarters in February.

Activists briefly occupy Santander headquarters in union campaign

A demonstration of bank workers and community advocates caused security to briefly shut down the bank branch.

Uber resumes self-driving car program after brief suspension

Uber says it is resuming its self-driving car program in Arizona and Pittsburgh after it was suspended following a crash over the weekend.

In wake of attack, UK officials to push against encryption technology

British government officials will meet with representatives of US technology companies this week to demand that they do more to help in the fight against terrorism and online hate speech.

US stocks suffer eighth straight day of declines

Stocks fell asWall Street sized up whether its hopes for tax cuts and other stimulus by the Trump administration will ever materialize.

A spokeswoman for Dr. Patrick Soon-Shiong (above) said the video was not intended to be promotional; she called it an educational tool for patients.


CEO’s promotion of ‘breakthrough’ cancer therapy raises questions

Where the ordinary viewer might see an inspirational story, drug industry experts saw a likely violation of federal regulations by Dr. Patrick Soon-Shiong.

Tech Lab by Hiawatha Bray


Bray writes about technology for the Business section. His Tech Lab column appears on Thursdays.

Shirley Leung


Leung writes a business column every Wednesday and Friday. Previously she served six years as the business editor overseeing daily and Sunday coverage.

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.