Flowers out, tech in: Massive Kendall Square-like development in South End nears approval

A huge development that could transform an old corner of the South End is poised to win key city approvals Thursday night.

Among chief executives of large hospitals and health systems, Dr. David Torchiana of Partners HealthCare topped the list.

Compensation rises for local hospital leaders

Among chief executives of large hospitals and health systems, Partners HealthCare CEO David Torchiana topped the list, earning a total compensation of $4.7 million in 2016.

An artist’s rendering of the proposed Commonwealth Building.

Citgo sign here to stay, but maybe not surrounding buildings

Developer Related Beal on Tuesday went before the Boston Civic Design Commission to submit its updated plans to redevelop buildings on Commonwealth Avenue near Deerfield Street.

Massachusetts Competitive Partnership CEO Dan O’Connell said the group’s main goal is to make the case for increased federal investments in Massachusetts.

Mass. CEOs look to get more competitive in D.C.

The Massachusetts Competitive Partnership seeks to expand its horizon beyond the state.

Latest Business headlines

Sam Adams is the latest brand with a Trump problem

Boston Beer founder Jim Koch is learning that talking politics can be tricky under a deeply polarizing president.

Turkey denies appeal for US pastor

Turkey also sharply raised tariffs on American goods in retaliation for the punitive levies announced by President Trump last week.

Wynn accuser makes extraordinary claims in court filings

A woman who says she was raped by casino mogul Steve Wynn in Chicago in the early 1970s and gave birth to his daughter in a gas station restroom has provided a sworn statement containing inconsistencies about dates, names and other things she said happened to her.

These are the highest-paying jobs in the US right now

The Glassdoor report, which was released Wednesday, gathered salary data from millions of employees and used algorithms to estimate the median annual base pay.

SEC is said to subpoena Tesla after Elon Musk’s take-private tweet

In the Twitter post, Musk said that the financing for taking Tesla private, which would probably run into the tens of billions of dollars, had been “secured.”


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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.


// A women’s health firm pitched a much-needed drug. Men didn’t get it

Antiva Biosciences is getting a front-row view of the challenges involved in pitching a company focused on women’s health.

More Business headlines

Stocks tumble as investors fret about China’s slower growth

Deepening worries about global economic growth set off a rout in riskier assets Wednesday. US retailers took a drubbing after Macy’s reported weaker sales.

Business agenda

A sustainability talk, meetups, and other events and things to know.

Construction and traffic around the Amazon headquarters in Seattle.

Amazon’s silence on HQ2 only stokes more speculation

Some observers have taken to seizing on the slightest whiff of a clue about where the e-commerce giant might decide to locate its coveted $8 billion complex.

Former chief executive Sean Rad and nine other Tinder founders say they were cheated by IAC/InterActiveCorp and Match Group Inc.

Tinder founders, employees sue IAC, Match Group over options

They claim IAC and Match created an artificially low valuation of Tinder to avoid paying the group money they’re due under options agreements.

RBS officials knew the loans were risky,

Royal Bank of Scotland fined $4.9B for housing bubble role

The Royal Bank of Scotland will pay the largest fine arising out of the mortgage crisis to settle allegations it misled investors about risky home loans made during the housing bubble that ultimately led to the 2008 financial collapse.

A clerk at the new sports book at Harrah's casino in Atlantic City N.J. processed wagers for a customer.

New Jersey takes in $40.6 million in sports bets in July

It was the first full month of legal sports betting at the state’s casinos and racetracks.

The company’s rebound has accelerated under the current chief executive, Antonio Pietri.

Its stock rising, Aspen Tech enjoys a quiet revival after a two-year exile from Nasdaq

Not every company can bounce back from a stock market delisting, but Aspen Technology has quietly pulled it off.

Stock market recovers most of Monday-Tuesday losses

Stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days.

Want to help your colleagues? Try logging off for a while

A group of Boston academics found that workers who are in constant contact with each other may be less effective.

A Model 3 on the assembly line at Tesla’s factory in Fremont, Calif.

Elon Musk’s effort to take Tesla private will be reviewed by company’s board

The board has created a special committee to review Musk’s proposal.

Massachusetts General Hospital retained its ranking by U.S. News & World Report from last year.

MGH named nation’s fourth-best hospital by U.S. News & World Report

Massachusetts General Hospital has once again been singled out as one of the best medical institutions in the country.

Business agenda

App building, networking, and other events and things to know.

Tinder founders, execs file suit against IAC and Match Group

The founders of the dating app Tinder claim IAC/InterActiveCorp and its Match Group subsidiary manipulated financial information, hurting the company’s valuation.

Turkish President Recep Tayyip Erdogan says the country will boycott US electronic goods.

Turkey says it will boycott US electronic goods

It was unclear how the country intended to enforce the boycott.

For its power, Vineyard Wind plans to charge about one-fourth what Deepwater Wind’s Block Island project (above) charges.

Vineyard Wind has a big selling point for its power: cheaper prices

Many energy experts expected low prices, but they were surprised by just how low the numbers were.

K. Shankari (right), with her husband Thomas Raffill, noticed that her Android phone tracked her shopping trip.

Google tracks your movements, like it or not

Google wants to know where you go so badly that it records your movements even when you explicitly tell it not to.

Tesla chief executive Elon Musk.

Elon Musk says meetings with Saudis preceded tweet on taking Tesla private

Tesla’s boss said that he’s held meetings with a Saudi fund that expressed an eagerness to help him take the company private.

Sheet metal workers picketed in Hingham last week.

1,400 sheet metal workers end 12-day strike

Boston-based Sheet Metal Workers Local 17, which had pushed for higher wages, ratified a new contract Sunday.

Learn how to minimize your business’s legal expenses at an interactive workshop on Tuesday.

Business agenda

A legal workshop, a talk on transportation, and other events and things to know.

More than 17 million fax machines are still in use in the United States alone, providing hackers with a point of entry if the machines are connected to a company’s computer network.

Fax machines may be vulnerable to hackers, report finds

The fax machine may present a vulnerable point where hackers can infiltrate an organization’s network.

US stocks take further losses as worries continue about Turkey’s economy

US stocks fell further Monday as Turkey’s central bank was unable to stop a steep plunge in the nation’s currency.

Bill Phelps


Beyond the malls: Wetzel’s Pretzels is seeking creative new twists

Wetzel’s Pretzels CEO Bill Phelps moved to the West Coast in 1990, but he’s still excited by the idea of Boston sports fans munching on his pretzels.

The battery boom could end up burning some investors

Upheaval in the way energy storage devices are made mean that investments in batteries can turn unprofitable even though they’re at the heart of transforming the way the energy system works.

The tweet followed President Trump’s meeting on Saturday with about 180 bikers who are part of a ‘‘Bikers for Trump’’ group.

Trump says he’d back a boycott of Harley-Davidson

The motorcycle manufacturer says it will move some manufacturing overseas in the wake of the Trump administration’s tariffs.

AT&T bought the online ad exchange company AppNexus in June, a deal that could help make AT&T a rival to Google and Facebook.

Venture capital for online ad firms falls as they struggle against Google, Facebook

Online advertising companies have struggled for several years as Google and Facebook solidified their grip on digital dollars, slowing revenue for others.

Can artificial intelligence take the bias out of hiring?

Artificial intelligence is coming for hiring, and it might not be that bad.

Traders Eric Schumacher, left, and Robert Charmak work on the floor of the New York Stock Exchange, Tuesday, Aug. 7, 2018. Stocks are opening higher on Wall Street as technology companies and banks put up some solid gains. (AP Photo/)

Evan Horowiwtz | Quick Study

How can you tell there’s a recession coming?

There are two kinds of indicators to watch: Worrisome economic trends and excessive optimism. It’s not hard to spot both right now.

The Revolution will open at 40 Berkeley St., a former YWCA.

Boutique hotel to open soon at former South End YWCA and hostel

Mount Vernon Co. said it will open the Revolution Hotel later this year, turning the former YWCA at 40 Berkeley St. into a 164-room hotel.

The week ahead in business

Startup demonstrations, a mixer on the Charles, and other events and things to know.

Shirley Leung

Don Yee, Tom Brady’s agent, talks about being mocked by WEEI host in an Asian accent

Yee has been experiencing racism in the sports industry since he began his career but said he felt “very sad that in 2018 we hadn’t made much progress since the ’70s.”

A couple looked at televisions at the CambridgeSide mall on Saturday.

Sales tax holiday returns after two-year hiatus

Governor Charlie Baker signed legislation on Friday that established the weekend break on the 6.25 percent sales tax for goods costing up to $2,500.

A variety of native California animal statues populate the Dunlevie Garden at the new Lucile Packard Children’s Hospital at Stanford in Palo Alto, Calif.

In California, a glimpse at the future of elite children’s hospitals

Lucile Packard Children’s Hospital at Stanford is billed as the hospital of the future, but it doesn’t look much like a hospital at all.

Fortnite ploy highlights Google’s Android weakness versus Apple

Fortnite amassed an unrivaled following with kid-friendly, multiplayer action that can be enjoyed on most modern devices.

FILE - In this Oct. 25, 2012 file photo, voters cast their votes through absentee ballots for the Nov. 6 election at the town hall in Cape Elizabeth, Maine. Ranked-choice voting will be put to its biggest test when Maine uses the system in a statewide primary election on June 12. The system works like this: Voters rank candidates from first to last on their ballot, and the election is over if one candidate wins a majority. If not, candidates are eliminated one by one and their remaining votes reallocated in what amounts to a mathematical game of survival. (AP Photo/Robert F. Bukaty, File)

A Boston-based voting app is facing its first test

The state of West Virginia this week said it would use the mobile phone balloting system developed by Boston-based Voatz for military personnel deployed overseas to vote in November.


Why the future of America’s middle class is so financially fragile

The high price of housing, wage stagnation, job insecurity, crushing childcare expenses, rising health care premiums, and college costs the size of a mortgage are pushing the middle down several ladder rungs.

Catherine D’Amato oversees 110 employees and a $40 million annual budget at the Greater Boston Food Bank.


Looking out at a gritty neighborhood, and the people she serves

Catherine D’Amato, chief executive of the Greater Boston Food Bank, says her office is exactly where it needs to be.

Parts of this Deathstroke costume were made on a 3-D printer.

For true costume fans, money, time are no object

At Fan Expo Boston this weekend, the costumes are elaborate — and costly.

David Manfredi is founding principal of Elkus Manfredi.

Downtown skyscrapers and sandwiches in the Seaport: A conversation with David Manfredi

The renowned Boston architect says he cares about “making social spaces.”

Gov. Charlie Baker addresses reporters after signing the 2019 budget at the Statehouse in Boston, Thursday, July 26, 2018. (AP Photo/Charles Krupa)

Charlie Baker signs economic bill, but vetoes patent troll crackdown

The governor said it was not tailored narrowly enough to avoid landing legitimate patent holders in court.

Newspaper calls for war of words against Trump media attacks

The Boston Globe is proposing a coordinated editorial response from publications across the United States to President Trump’s frequent attacks on the news media.

The offices of the Boston Globe at 53 State Street in downtown Boston.

Globe rallies newspapers to protect free press from Trump attacks

The Globe has reached out to editorial boards nationwide to write and publish editorials on Aug. 16 denouncing what the newspaper called a ‘‘dirty war against the free press.’’

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.