Charlie Baker steps up the pressure for housing bill

The governor has been barnstorming across the state to whip up support for his bill that would make it easier for communities to change zoning.

Both the kitchen mock-up of The Archer Residences, Beacon Hill (left), and the model home setup of Pier 4 Seaport (above) have sample views on the windows to help prospective buyers imagine their living spaces.

A look inside this year’s high-end models

Look now, because unless you’re rich, you may never again get to see what it looks like inside one of the multimillion-dollar condos springing up around the city.

Boston, MA 012914 Mayor Martin J. Walsh (cq), rt, chatted with State Senator Michael F. Rush (cq), left, and Robert K. Coughlin (cq), middle, President and CEO of MassBio Technology Council during the MassBio Policy Leradership breakfast at Boston's Omni Parker House, Wednesday, January 29 2014. (Wendy Maeda/Globe Staff) section: Business slug: 30massbio reporter: Robert Weisman

Chesto Means Business

MassBio’s push to soften drug-price legislation produces plenty of drama

Bob Coughlin left the House more than decade ago. But he kept close ties with his erstwhile colleagues — putting those connections to the test this week in a health care debate.

NEW YORK, NY - APRIL 24: Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell, April 24, 2019 in New York City. U.S. stocks started the trading day mixed, following Tuesday's closing record highs for the S&P 500 and Nasdaq. (Photo by Drew Angerer/Getty Images)

The US stock market in recent months: what goes down, comes up

The Standard & Poor’s 500 index set a record high Tuesday. Four key factors are behind the rally since Dec. 24.

Latest Business headlines

Verizon says it’s bringing fast 5G service to Boston this year

The mobile technology is as fast as many home broadband services, but there are few mobile devices avilable that work on such a network.

Canada says Facebook broke privacy laws with ‘superficial’ safeguards

Facebook’s weak privacy protections exposed the personal data of millions of users, a serious failing that the company has acknowledged but refused to fix, Canadian regulators said Thursday.

Germany’s Troubled Banking Giants Decide Against a Merger

FRANKFURT, Germany — Deutsche Bank and Commerzbank abruptly called off their merger talks Thursday, saying they concluded that the perils of trying to forge a megabank with international clout outweighed the potential benefits.

Workplace deaths in Massachusetts declined slightly between 2017 and 2018, report finds

However, the number of on-the-job deaths stemming from violence almost doubled in the same period, according to a report issued Thursday.

China addresses fears about heavy debt loads in its overseas development program

China’s finance minister tried Thursday to dispel complaints its Belt and Road infrastructure-building initiative leaves developing countries with too much debt.


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Ed Silverman asks: What if states treat pharma like a utility and cap what they will pay for certain medicines?

More Business headlines

Dental assistant Jessica Buendia looked at a scanned image of patient's teeth in SmileDirectClub's SmileShop located inside a Downey, Calif., CVS store.

CVS will offer teeth-straightening service

The company’s first foray into dental care begins with the addition of SmileDirectClub locations to hundreds of its stores.

US stocks end mostly lower, weighed down by industrials

US stock indexes finished mostly lower Thursday as disappointing earnings reports from several industrial companies weighed on the market.

Utility is undecided about seeking a rate increase after Lawrence-area disaster

The chief executive of Columbia Gas’s parent company said it is first pursuing insurance reimbursements to recover costs that have topped $1.1 billion.

The 62,000-square-foot Marketplace Center is fully leased and includes a Banana Republic, American Eagle, and Gap, among other stores.

Israeli company buys Quincy Market retail space

A subsidiary of Israeli investment firm Gazit Globe said it spent $81.8 million to buy Marketplace Center, a collection of storefronts alongside the marketplace.

John N. Kapoor, founder of Insys Therapeutics, left federal court in Boston after trial proceedings in January.

After 11 days, still no verdict in trial of former Insys drug executives

According to prosecutors, five former executives bribed doctors to prescribe an opioid painkiller.

Facebook says settling FTC probe could cost up to $5b

Facebook estimated it will cost as much as $5 billion to resolve a US investigation into its privacy practices and put the Cambridge Analytica scandal behind it.

Boeing 737 fuselages bound for the company’s production facility in Renton, Wash., sat on cars in a rail yard in Seattle recently.

Boeing’s earnings slip following two deadly crashes of 737 Max jets

The aviation giant said it would suspend its full-year forecast as it tries to bring its best-selling 737 Max jet back to service following two crashes.

Reports Huawei to supply UK networks draw criticism

British officials downplayed reports that Prime Minister Theresa May will allow China’s Huawei to supply parts of the U.K.’s new internet network, a decision that goes against U.S. pleas to ban the firm as it could help Beijing’s spying efforts.

Europe not feeling much pain from Trump tariffs, central bank says

President Trump’s trade war was supposed to make Europeans feel so much pain they would beg for mercy at the negotiating table. But it is not working very well, according to a new study by the European Central Bank.

US stock indexes finish slightly lower a day after a record

US stocks closed slightly lower Wednesday as the market gave back some of its gains a day after the S&P 500 and Nasdaq hit record highs.

The Winklevoss twins, Cameron (left) and Tyler.

Chang loses appeal of Winklevoss Facebook payout

An appeals court ruled entrepreneur Wayne Chang isn’t entitled to any of the $65 million collected by Cameron and Tyler Winklevoss from the social networking giant Facebook.

Partners Healthcare headquarters at Assembly Row in Somerville.

Lifespan says Partners takeover of Care New England would cost R.I.

Seeking to block a deal between two of its rivals, Rhode Island’s largest health care provider went on the offensive Wednesday.

In latest Boston area real estate data, signs of a return to normal?

March sales were mostly flat, but price increases slowed, and more homes came on the market.

Lululemon Athletica's logo.

Lululemon is banking on a new product: Shoes

It’s unclear what Lululemon shoes will look like, or whether they’ll be pragmatic shoes meant to be worn in the gym or hyped kicks aimed at sneakerheads.

Watertown-04/16/2019 Stop & Shop workers are on strike. At the Watertown Street location of Stop & Shop, produce manager Nathan Ely,11 stands on a column outside the entrance. His father, Christian Ely is the produce manager there and has worked at Stop & Shop for 32 years. He came out to support his dad and is on school vacation this week. Photo by John Tlumacki/Globe Staff(business)


The cost of the Stop & Stop strike: as much as $10 million a day

Parent company Ahold Delhaize said that the 11-day walkout that ended Sunday would cut operating profit by $90 million to $110 million in the second quarter.

Developers have proposed a building for student housing on Boylston Street.

Fenway in line for more student housing

Together, three land deals would give Scape the potential to build as many as 2,000 dorm beds within an already busy and fast-growing area around Fenway Park.

Geoffrey S. Berman, US attorney for the Southern District of New York, outlined the charges at a press conference Tuesday.

Ex-pharma executives, accused of pushing opioids, face criminal charges

Federal prosecutors unveiled the first criminal charges against pharmaceutical executives for fueling the U.S. opioid epidemic, accusing the former chief executive officer and the head of compliance at a major U.S. drug distributor with a narcotics conspiracy.

Twitter reported strong quarterly earnings on Tuesday, despite criticism from President Trump that the service is biased against conservatives.

Twitter profit rises as Trump demands ‘fairer’ social media

Twitter Inc. on Tuesday trumpeted strong quarterly growth in earnings and users while President Trump tweeted criticism of the social media site for allegedly discriminating against him politically.

 BOSTON, MA - April 11, 2019: - Stop and Shop employee Luis Medina holds a strike placard while waving to traffic outside the the Stop and Shop on Freeport St. in Dorchester, Boston, MA on April 11, 2019. (Craig F. Walker/Globe Staff) section: Metro reporter:

Chesto means business

New labor laws an issue in Stop & Shop deal

As with other recent labor disputes, health care and retirement costs dominated the grocery store fracas.

Google spinoff’s drone delivery business first to get FAA approval

An offshoot of Alphabet Inc.’s Google has become the first drone operator to receive government approval as an airline, an important step that gives it the legal authority to begin dropping products to actual customers.

S&P 500, Nasdaq close at record highs as earnings roll in

The S&P 500 hit an all-time high Tuesday, marking the stock market’s complete recovery from a nose dive at the end of last year.

A Kohl’s location in North Andover.

Kohl’s will soon accept Amazon returns at all of its stores

After the success of a pilot program in about 100 stores, the company will expand the service to all of its more than 1,150 locations.

Boston, MA - 8/15/17 - The Boston skyline from the return ferry back from George's Island on Tuesday, August 15, 2017. (Nicholas Pfosi for The Boston Globe)

Nonprofit floats details about new proposed Boston Harbor ferry routes

The business plans for two new Boston Harbor ferry routes are done. Now comes the hard part: Finding someone willing to run these boats, and potential subsidies to offset the costs.

The South Bay Stop & Shop store in Dorchester on Sunday.

Stop & Shop agreement seen as a win for workers

If a proposed contract is approved, current workers would maintain benefits, while new part-time hires would see reductions in pension benefits and premium pay on Sundays.

One official said if no deals get done, other states could pull ahead of Massachusetts in the offshore wind game.

Chesto means business

Offshore wind auction faces a new hitch

The second round of bidding for offshore wind contracts hasn’t even started yet. But the complaining sure has.

Herman Cain did not offer an explanation for the withdrawal of his candidacy for the Federal Reserve Board.

Trump will not nominate Cain to Fed board

President Trump said Monday that Herman Cain, a former pizza company executive and conservative presidential candidate, has withdrawn from consideration to be nominated to the Federal Reserve Board.

Aimee Stephens was fired after telling her employer she was a transgender woman and would be wearing women’s clothing at work.

Supreme Court to decide whether bias law covers gay and transgender workers

The Supreme Court announced Monday that it would decide whether a federal law prohibits employers from discriminating against gay and transgender workers.

Boston biotech Gelesis aims to crack the weight-loss market with new pill

Gelesis, a 13-year-old Boston biotech, hopes it will succeed in the marketplace where other drug makers haven’t: for weight-loss drugs.

Sanofi Genzyme moved into its new headquarters at 50 Binney St. (above) in 2017 but now finds it more profitable to move out and sublease the building.

With real estate deal, drug maker boosts its bottom line

The Cambridge-based drug maker will sublease its location in Kendall Square, which commands the highest rents on the East Coast except for prime parts of Manhattan.

US stock indexes end mostly lower after a listless trading day

Wall Street capped a day of mostly sideways trading Monday with a slight gain for the benchmark S&P 500 index.

Roxann Cooke


Banker Roxann Cooke is happy to be battling for turf in Roxbury

Bold Types: There’s a banking war unfolding in Roxbury.

Hiring a matchmaker might help you find Mr. or Mrs. Right.

help desk

How to hire a matchmaker

Here are a few tips for those looking to hire their own personal cupid.

The Samsung Galaxy Fold smartphone.

Samsung to reportedly delay launch of folding Galaxy phone

The Galaxy Fold, priced at almost $2,000, was hit by early reviews that showed several problems with test versions of the device.

FILE - In this Sept. 5, 2014, file photo, H.J. Heinz Company CEO Bernardo Hees speaks at the preview for the opening of the H.J Heinz Co. exhibition at the Senator John Heinz History Center in Pittsburgh. Kraft Heinz says CEO Bernardo Hees will step down from the post and be succeeded by Miguel Patricio in July 2019. Patricio worked in various roles at Anheuser-Busch InBev over 20 years, including serving as chief marketing officer. (AP Photo/Keith Srakocic, File)

Kraft Heinz CEO stepping down, Miguel Patricio named successor

Patricio, who will replace CEO Bernardo Hees, worked in various roles at Anheuser-Busch InBev over 20 years, including serving as chief marketing officer.

“It just disappeared,” David Lettvin, Denise Lettvin’s husband, said of her John Hancock monthly annuity. “We had no idea why.”

Sean P. Murphy | The Fine Print

An annuity check arrived every month for nearly 40 years. Then it ‘just disappeared’

An annuity set up decades ago by Denise Lettvin’s mother vanished last year without explanation from John Hancock, which managed the fund.

Traders on the floor of the New York Stock Exchange on Thursday.

Scott Kirsner | Innovation Economy

For some startups, there’s no buzz needed

Lost in all the buzz about big tech companies that are going public are reliable smaller operations like Poll Everywhere, whose customers include McDonald’s, Google, and Harvard.

South Shore Health’s South Shore Hospital (above) is part of the alliance.

Community hospitals are teaming up to save money

The Massachusetts Value Alliance includes hospitals that are working together to slash costs by buying some supplies and services together.

Michelle Singletary | The Color of Money

Start planning for your 2019 tax return now

Now is the time to start tax planning for next year, because you have time to make any changes that may be necessary to avoid a huge tax bill.

Tesla wants to cut size of board from 11 directors to 7

The electric-car maker says the move will allow the board to act more nimbly and efficiently.

11/15/2015 Chestnut Hill Frank Pepe has opened a new location in Chestnut Hill . Steven Payne (cq) one of the pizza cooks at the new Frank Pepe's in Chestnut Hill. Globe/Staff Photographer Jonathan Wiggs

Frank Pepe Pizzeria will open in Burlington and in Watertown

The renowned pizza chain, already with a location in Chestnut Hill, is expanding its Boston area presence.

Cape Air officials said they were happy with their first Boston Harbor test flight for a seaplane service they want to bring to the South Boston waterfront.

Chesto Means Business

Cape Air on course for seaplane takeoff in Boston

The Hyannis-based airline has acquired the assets of Shoreline Aviation, a Conn. company that billed itself as the East Coast’s biggest seaplane operator.

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.