AT&T shares jump most in 8 years on surprise mobile gains

AT&T Inc. shares surged the most in more than eight years after the telecommunications giant posted a surprise wireless subscriber gain in the second quarter, showing it can fend for itself in a cutthroat price war.

Cars, taxis and buses drive on Oxford street in London, Britain.

Britain to ban new diesel and gas cars by 2040

It’s the latest step in Europe’s battle against the damaging environmental impact of the internal combustion engine.

Total Wine operates four Massachusetts stores, including in Everett (above) and Natick.

Total Wine wins challenge on discount pricing

The huge retailer’s deep discounts do not violate a state law on minimum pricing, a Boston judge decided.

Woburn, 11-21-00- SBLI company hdqrs.

SBLI is now owned by its policy holders

Banks are no longer in control of the Woburn-based life insurance company.

Latest Business headlines

Southie Edison plant project underscores region’s transit woes

The region is hungry for housing, but questions are mounting about the capacity of the transit system to handle so many more riders.

Bezos surpasses Gates as world’s richest person ahead of Amazon results

Microsoft co-founder Bill Gates has held the top spot since 2013, but a strong earnings report from Amazon buoyed Jeff Bezos.

Using CRISPR, scientists edit genome of viable human embryos

It was a step that some of the nation’s leading scientists have long warned against and that has never before been accomplished.

Ford’s 2nd-quarter profit better than expected

The automaker yielded the results despite lower sales and upheaval in its executive ranks.

Over 2,000 Massachusetts taxpayers billed incorrectly due to software error

The state Department of Revenue said the mix-up was due to a misprint by tax prep software TaxAct.


// Sign up for Talking Points

An afternoon recap of the day’s most important business news, delivered Monday through Friday.

The Fine Print

// Submit: Are you a consumer with a question?

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

Globe Magazine

Special section | Game Changers

// 51 bright ideas and breakthroughs for 2017

In a revolutionary place like Boston, innovators and innovations are as common as bad drivers. See who made our annual list.

More Business headlines

Thursday’s business agenda

Mortgage rates, earnings dates, brewery talks and other notable events and things to know.

On Wednesday the Federal Reserve, chaired by Janet Yellen, released its latest monetary policy statement after a two-day meeting. The Fed is finishing its post-crisis economic stimulus campaign.

The Fed, leaving rates unchanged, expects to wind down stimulus ‘relatively soon’

The bank’s policymaking committee wrapped up a two-day meeting Wednesday and Fed chair Janet Yellen is expected to announce policy changes at its September meeting.

In a few years, T riders will find they will have only two options at the farebox — plastic or silicon.

Tech Lab

The future of money arrives by bus

The MBTA is getting ready to move forward on a plan to ban cash payments for rides on its buses, subways, and trains.

US stocks edge higher; bond yields fall

AT&T, Boeing, and others joined the parade of big companies reporting stronger profits than analysts expected.

Mary Ann Brandt celebrates her $10 million prize from Publishers Clearing House with son Michael , daughter-in-law Kelly and grandson Joel. sweepstakes winners. 1/27/96.


Don’t get caught up in these sweepstakes scams

Criminals are trying to cash in on people’s instant-wealth fantasies.

FILE - In this Feb. 3, 2016, file photo, former biotech CEO Martin Shkreli. Jurors heard testimony from the government's last witness on Tuesday, July 25, 2017, a day after Shkreli's lawyer told the court his client won't take the witness stand during his securities fraud trial. (AP Photo/Seth Wenig, File)

‘Pharma Bro’ won’t stop talking, except to jury in trial

Martin Shkreli has kept up his trademark trolling on social media during his securities fraud trial — calling the case “bogus” — but the jury won’t hear him defend himself in court.

This Wednesday, July 19, 2017, photo shows an Amazon Fulfillment Center in Miami. On Wednesday, July 26, 2017, Amazon said that it’s looking to fill more than 50,000 positions across its U.S. fulfillment network. It’s planning to make thousands of job offers on the spot during its first Jobs Day on Aug. 2, where potential employees will have a chance to see what it’s like to work at Amazon by visiting one of 10 participating fulfillment centers. (AP Photo/Alan Diaz)

Now hiring at Amazon: Thousands of people in one day

Amazon will make thousands of job offers, including at its location in Fall River, as it holds a giant job fair next week at warehouses across the US.

Fed holds steady on interest rates

The Federal Reserve is keeping its benchmark interest rate unchanged at a time of low inflation, which remains persistently below the Fed’s target level.

A six-pack of bottled Coca-Cola Zero Sugar.

Coke Zero is getting a makeover

The push behind Coke Zero comes as Americans continue moving away from Diet Coke, which was introduced in the 1980s.

Britain’s government will ban the sale of new cars and vans using diesel and gasoline starting in 2040 as authorities move to tackle air pollution.

Britain to ban sale of new diesel and gasoline cars by 2040

The decision, which comes as technology for electrical cars improves, follows similar moves in France and Norway.

Children’s Hospital in Boston has entered a collaboration with the Cleveland Clinic.

Children’s expands reach in heart treatment with Cleveland Clinic collaboration

The hospital will become a part of Cleveland Clinic’s national network, taking on a leadership role.

iRobot co-founder and CEO Colin Angle is illuminated in blue-green light while holding a Roomba vacuum in a hallway decorated in patents the company owns, at their headquarters in Bedford, Mass.

Your Roomba may be mapping your home, collecting data that could be sold

That cute vacuum may be sucking up more than you think.

IRS Commissioner John Koskinen said stolen identities dropped from 700,000 in 2015 to 377,000 in 2016.

IRS sees big drop in identity theft, stolen tax refunds

The improvement came after the agency teamed up with tax preparers to fight the problem.

CEO Mary Barra says GM is working on systems that will allow over-the-air remote software fixes before 2020.

GM second-quarter net earnings fall on loss from sale of European unit

The carmaker warned it still faces billions of dollars in further losses to come.

Big investors including the Massachuetts pension fund and State Street Global Advisors are pushing companies they invest in to diversify their boards. State Street commissioned the “Fearless Girl” statue to promote this new strategy.

shirley leung

Investors want more women, minorities on corporate boards

This year the Massachusetts pension fund acted against 1,690 companies for failing to meet state criteria on gender and racial diversity on boards.

Big firms hope to lure teenagers with tech futures

Engineers from Goldman Sachs Group Inc. and Quicken Loans Inc. greeted hundreds of computer science students with smiles and swag as their firms worked to recruit young talent.

Wednesday’s business agenda

Venture showcase, networking and other notable events and things to know.

Lyft gross bookings are said to exceed $1 billion last quarter

Lyft Inc.’s business has been booming as its primary competitor, Uber Technologies Inc., has faced an executive exodus and a string of self-inflicted scandals.

US stocks back to record highs

US stock indexes returned to records Tuesday as corporate profits continued to come in better than analysts expected.

The tenants of 410-412 Harrison Ave. in the South End are seeking a court decision that would prevent their eviction. Above: Run Yi Yen at her apartment.

South End renters hope legal fight stops evictions

The trust that owns a Harrison Avenue row house accepted a $2 million offer and agreed to deliver the building vacant of its low-income tenants.

Toast, supplier of restaurant software, lands big financing round

The company makes systems that allow restaurants and their patrons to order and pay electronically.

In a Tuesday conference call with analysts, Biogen chief executive Michel Vounatsos said he plans to streamline company operations but did not offer specifics.

Biogen’s revenue up, thanks in part to costly new drug

Cambridge biotech reports sales of Spinraza have more than quadrupled.

Left something in your Uber? It will now cost $15 to get it back

The measure is designed to compensate drivers for time spent returning lost items.

The “Goldwater rule,” named for 1964 presidential candidate Barry Goldwater, prohibits psychiatrists from offering opinions about the mental state of public figures.


Psychiatry group tells members they can comment on Trump’s mental health

The American Psychoanalytic Association told its 3,500 members it could defy the longstanding “Goldwater rule” and comment publicly on the mental state of the president.

Wisconsin retail tech company offers to microchip its staff

The microchips would enable them to open doors, log onto their computers and purchase break room snacks with a simple swipe of the hand.

Dr. Carmen A. Puliafito.

Claims that medical school dean led drug-fueled secret life stun many in Boston

In Boston, Carmen Puliafito was known as driven and intense, a physician who relished the business of running a clinic as well as his time in the operating room.

Boston-based ride service Circulation raises $10 million

Circulation uses Uber to transport patients to non-emergency medical appointments.

Median home price in Mass. tops $400,000 for the first time

Competition among buyers remains high as the number of properties for sale dropped again in June.

Amazon’s Jeff Bezos purchased The Washington Post in 2013.

Trump says Washington Post is doing Amazon’s bidding

The Post is owned by Jeff Bezos, Amazon’s founder and chief executive.

Well-stocked with cash and focused exclusively on the region, Singapore-based Grab is aiming to elbow out the US ride-hailing service.

Sensing weakness, Uber’s Asian rivals make $2.5 billion play

Well-stocked with cash and focused exclusively on the region, Singapore-based Grab is aiming to elbow out the US ride-hailing service.

It’s not just banks anymore. Democrats want to break up all kinds of big business.

It’s not just banks anymore. Democrats want to break up all kinds of big business.

Disney’s 38,000 Florida union workers seek wage-hike talks

A wage hike would raise costs for Disney at a time when the company’s largest business, television, is coping with a loss of viewers to online video options.

Three former female partners have brought a $100 million lawsuit accusing the now-merged firm Chadbourne & Parke of gender pay disparity.

‘A bleak picture’ for women trying to rise at law firms

Even as more women acquire law degrees, carving out a successful career at a firm remains an uphill endeavor.

After leaving its key rate at a record low near zero for seven years after the financial crisis erupted in 2008, the Fed has raised it modestly four times.

Fed will likely focus on low inflation but leave rates alone

The Federal Reserve appears puzzled why inflation remains so low at a time of nearly full employment.

Emily Bordenski (left) and Betsy Meharg sat with Oswin during a “yappy hour” at Dorchester Brewing Company.

Al fresco with Fido in Boston sounds good, but city laws limit it

Yappy Hours are prevalent in the summertime, but the laws around them still seem ambiguous.

AbbVie misled an Oregon man about AndroGel’s propensity for causing blood clots, a federal jury found.

AbbVie ordered to pay $150 million damages in ‘Low T’ trial

The jury awarded the punative damages to an Oregon man who accused the drugmaker of hiding the heart attack risks of its AndroGel testosterone booster.

Tuesday’s business agenda

Panel discussions, earnings date and other things to know and notable events.

Microsoft Paint’s days may be numbered

More than three decades, billions of dollars, and dozens of iterations later, Microsoft plans to stop developing the program, nudging it a step closer to death.

An image from a 2014 video showed Abu Bakr al-Baghdadi, the leader of Islamic State. The New York Times described as “malicious and inaccurate” a “Fox and Friends’’ segment that accused the paper of publishing a story that hindered a US attempt to kill Baghdadi.

New York Times asks Fox for apology after ‘inaccurate segment’

A “Fox & Friends” piece accused the paper of publishing a story in 2015 that hindered the US attempt to kill ISIS’ leader.

Lauren Liss is the new chief executive of MassDevelopment.

Bold Types

MassDevelopment’s new chief needs no introduction

Lauren Liss, former state DEP commissioner, will become MassDevelopment’s CEO.

Susannah Hamblin, a product manager, demonstrated a door opener at Stanley’s innovation center.

In Boston, Stanley’s opening new doors

Stanley Black & Decker opened its latest innovation center, in Boston’s Seaport District

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.