Peanut allergy therapy scores late-stage trial win

An experimental treatment aimed at helping people with severe peanut allergy scored a clinical win Tuesday.

Diane Yousef is a finalist in the 2018 North American Cartier Women's Initiative Awards. Yousef invented a portable evaporative toilet that requires no electricity and plumbing

Three Boston area entrepreneurs finalists in Cartier global businesswomen’s competition

The French watchmaker sponsors a global competition for women-run startups.

Many airline pilots’ pensions were terminated or frozen during airline bankruptcies in the last two decades.

Airlines ‘flush with money’ spur pilots’ quest for lost pensions

Airline pilots, still resentful over pensions yanked away in a wave of industry bankruptcies, see growing company profits as a chance to reclaim some of those lost benefits.

A settlement may be near in the state of Minnesota’s lawsuit against manufacturer 3M Co., which alleges the company’s chemicals caused environmental damage.

3M’s Minnesota Scotchgard trial halted after fresh cancer claims

3M Co. is expected to settle a lawsuit with Minnesota that sought $5 billion over pollution from former Scotchgard ingredients after a trial was abruptly halted.

Latest Business headlines

Hyperloop in Massachusetts? Not so fast

A state senator says he’s had informal discussions with Elon Musk’s Boring Company.

This intelligent jacket turns up the heat with the sound of your voice

MIT-founded apparel brand Ministry of Supply uses NASA technology in its fabrics and is launching a heated jacket that can be controlled by your voice. 

Walmart's bruising battle with Amazon cuts its profit even as revenue rises

Walmart reported mixed fourth-quarter results Tuesday amid efforts to bolster its online business.

Albertsons will buy Rite Aid, part of a strategy to counter Amazon

Grocer Albertsons Cos. will buy drugstore chain Rite Aid Corp. in a deal that would accelerate the remaking of the U.S. retail and health-care industries.

Stocks sink as Walmart plunges 10 percent, snapping market’s six-day winning streak

US indexes declined Tuesday, snapping a six-day winning streak.


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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.


// CRISPR could end sickle cell, but will African-Americans enroll in studies?

The long history of unethical experimentation and mistreatment of black patients could make recruiting a tough sell.

More Business headlines

FILE- In this Sept. 24, 2013, file photo, just cut stacks of $100 bills make their way down the line at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas. Tentative signs have emerged that prices could accelerate in coming months. Most economists expect inflation to edge up and end the year a few tenths of a percentage point above the Federal Reserve's target. But most foresee only minimal effect on the economy. (AP Photo/LM Otero, File)

Evan Horowitz | Quick Study

Why a little inflation isn’t a bad thing

Inflation can stimulate spending and make it easier for the Fed to tackle a recession.

“A lot of customers ask if I take credit cards,” Johnny’s Barber Shop owner Joao Goncalves said. “I say I don’t take them. Sometimes they say, ‘I’ll go to the bank,’ but they don’t come back.”

Facing the digital divide at Boston’s cash-only shops

Many businesses in Boston’s Bowdoin-Geneva neighborhood are cash-only operations in a digital world, and increasingly, that is a disadvantage.

Zorica Pantic, an engineer by training, has led the Fenway university’s expansion and is credited with helping expand the commuter school.

First female president of Wentworth Institute stepping down

Zorica Pantic announces she will retire from the Fenway university in 2019 after 14 years on the job.

The Wharton Alumni Angel Network of Boston is hosting a panel discussion Wednesday night on how to navigate the biotech industry and avoid startup failure.

Wednesday’s business agenda

Avoid startup failure, LinkedIn help, and other events and things to know.

A customer hold a piece of Kentucky Fried Chicken outside a KFC restaurant, Tuesday, July 13, 2010, in Mountain View, Calif. Yum Brands Inc., which owns Taco Bell, Pizza Hut and KFC, reports second-quarter results after the close of regular trading. (AP Photo/Paul Sakuma)

Hundreds of UK Kentucky Fried Chickens run out of, well, chicken

About 470 of the fried chicken chain’s 900 UK restaurants remained closed Tuesday because of a chicken shortage, according to KFC officials.

Cells from a person’s intestinal lining, placed in one of Emulate Inc.’s devices, form intestinal folds as they would in the human body.

2 pharma giants, Calif. hospital to use Boston firm’s ‘organ-on-a-chip’

Boston biotech Emulate uses plastic chips to simulate human organs to test medicines outside the body.

Alberstons Cos., owners of Shaw’s and Star Markets in the Boston area, says it will buy Rite Aid Corp.

Parent of Shaw’s, Star Markets will buy remaining Rite Aid stores

Rite Aid already agreed to sell about 2,000 stores to Walgreens Boots Alliance Inc.

About 100 employees are being let go by Partners HealthCare. Their jobs are being outsourced to India.

Partners HealthCare will outsource some expensive, back-office jobs to India

Many of the employees have worked for Partners for several years, or even decades.

sean p. murphy | The fine print

‘I just want it to stop’: Women get sex toys in packages they didn’t order

Nicole Slotterbeck wasn’t just annoyed by the “mystery” packages that kept arriving from Amazon. She was frightened. First was the bra — in her size. Then came even more intimate merchandise.

Gathering spaces and a plant-filled wall are part of the Amazon Spheres in Seattle.


In Seattle, clues on how Amazon might disrupt health care

The retail giant has been studying drug use, prices, and patient data in a bid to make care better and cheaper.

Mark Wahlberg and his brothers are opening up a Wahlburgers a mile and a half from their old Savin Hill stomping grounds.


Wahlburgers is headed to the expanding South Bay Center in Dorchester

The Wahlbergs’ burger chain is setting up shop in the old neighborhood.


China struggles to bring top scientists and entrepreneurs back home

Many trained in the US remain here, despite their government’s attempts to lure them back.

Stat | Pharmalot

Group seeks inquiry on whether Celexa’s manufacturer misled FDA

Newly unsealed documents suggest Forest Laboratories, now part of Allergan, may have deliberately misled federal officials about a key clinical trial.

One design for the footbridge over the Mystic River.

Who will pay for a $23 million footbridge to the Wynn casino?

Providing pedestrians with direct access between the casino and Orange Line comes with a hefty price.

The currencies are virtual, but the violent crimes are real

Big holders of bitcoin and its brethren have become alluring marks for criminals.

Weekly business agenda

Career coaching, startup education, and other events and things to know.

Securities and Exchange Commission chairman Jay Clayton has said his priority is protecting ‘‘Mr. and Ms. 401K.’’

When Trump’s SEC punishes Wall Street, it’s often done quietly

Under President Trump, the SEC isn’t embarrassing Wall Street as much as it used to.

Baffled by political ads bought by Russians, Facebook will soon to rely centuries-old technology

Facebook will soon rely on centuries-old technology to try to prevent foreign meddling in US elections: the post office.

Native Hawaiian activists, who say they have rights to the land, are protesting the rebuilding of the Coco Palms hotel, where Elvis Presley’s “Blue Hawaii”was filmed.

Activists delay rebuild of Hawaii hotel with Elvis ties

It’s the latest example of Native Hawaiian activists taking a stand on cultural issues and sacred places.

Michael Mone, leading medical malpractice lawyer in Boston, said he has incurable cancer because it was misdiagnosed in 2009.

In a turnabout, a malpractice lawyer in Boston finds that he is a victim

Michael E. Mone says that despite everything he knows about what can go wrong in a hospital, he himself has become a victim of medical malpractice.

Weddington Way is a bridesmaid e-commerce brand. 


A better way to buy a bridesmaid dress?

Weddington Way, known for its virtual showrooms, is opening a shop in Natick.

Most retirees get far more from Social Security than from savings. The typical govenment payout is bigger than what


Go a few more miles in your career

A new study finds that even robust retirement savings can’t match the benefits of working a little longer.

The $1.6 billion Northern Pass project was set to bring hydropower from Canada by creating a transmission line through New Hampshire for customers in southern New England. A New Hampshire state commission rejected a crucial permit for the project on Feb. 1, leaving utility officials scrambling to alter the proposal or find a backup.

Northern Pass stays alive, but state has a backup plan for hydropower

State energy officials working with electric utilities have picked a route in Maine as a fallback, while giving a New Hampshire project more time.

The design for a new lobby at 110 High Street.

Changes continue for Post Office Square

The owners of 50 P.O. Square, the massive Art Deco structure that long housed New England Telephone & Telegraph, are building a new lobby on High Street.

With a new tax law in the land, you might need to do some calculations to see if your withholdings are correct.


Check your paycheck — you might be getting too much money

With a new tax law in the land, you might need to do some calculations to see if your withholdings are correct.

Will updated profile tip off boss?

Make sure you know what a new job requires before making the leap to an unrelated field.

The Everett LNG terminal

Mass. delegation chides White House over Russian gas imports

The 11 congressional members complained about Boston receiving gas from a plant developed by a sanctioned Russian company.

The Boston Harbor Garage — long considered an eyesore on a prime piece of downtown property — finally may be torn down to make way for a tower.

Long-delayed Harbor Garage project clears major hurdle

City officials say negotiations have produced a plan that should finally allow construction of a tower as tall as 600 feet near the New England Aquarium.

FILE - This March 15, 2016, file photo shows casino mogul Steve Wynn at a news conference in Medford, Mass. The sexual misconduct allegations against Wynn continued to grow Tuesday, Feb. 13, 2018, when police in Las Vegas revealed they recently received two reports from women who alleged the billionaire sexually assaulted them in the 1970s. (AP Photo/Charles Krupa, File)

Steve Wynn gets no money in termination deal with casino company

The Las Vegas billionaire resigned as chairman and CEO of Wynn Resorts last week amid sexual misconduct allegations.

The Boston Herald offices in the Seaport District.

Boston Herald sale to Digital First Media blessed by bankruptcy court

A federal bankruptcy court judge in Delaware approved the sale of the Boston Herald to Digital First Media for nearly $12 million.

Scott Kirsner | Innovation Economy

Dear small business owner, here’s how the state can help you grow

There’s more to the Massachusetts economy than landing big players like GE, MassMutual, and Amazon.

Boston -02/15/18 Randall Stephenson, CEO of AT&T spoke at the Boston College Chief Executives Club luncheon at the Boston Harbor Hotel. John Tlumacki/Globe Staff(business)

AT&T CEO prepares for battle over merger

Speaking to the Boston College Chief Executives Club today, the AT&T CEO offered color and context about the fight of his professional life.

Denver-based Digital First is owned by a New York investment firm, Alden Global Capital, and operates newspapers in California, Colorado, Massachusetts and several other states.

Cuts probably won’t end for Boston Herald under new owner

Digital First Media hasn’t yet made its vision for the Boston Herald public.

The bank’s chief executive, Andy Cecere, said that US Bank had already made “significant investments” toward improving its program for combating money-laundering.

US Bank cited by federal authorities for lapses in money laundering

Authorities said the bank failed to guard against illegal activity and, in at least one instance, even abettied it.

Ajit Pai, chairman of the FCC.

FCC watchdog looks into changes that benefited Sinclair

The inquiry puts a spotlight on FCC Chairman Ajit Pai’s decisions and may also force him to answer questions that he has so far avoided addressing in public.

Aleksei Navalny.

Russia blocks Navalny’s website, after his inquiry into an oligarch

The prominent opposition leader had refused a court order to remove a posted video accusing a high-ranking official of accepting a bribe from a rich businessman.

Weekend business agenda

Conferences, business workshops, and other events and things to know.

US stocks keep gaining as tech, industrial companies rise

Technology companies climbed Thursday as stocks rose for the fifth day in a row. They have now recovered about half their losses during the market’s dramatic plunge earlier this month.

A concert venue that had been proposed - and now scuttled - in a parking garage at Hood Park in Charlestown.

Developer pulls the plug on plans for Charlestown concert venue

The developers of Hood Park will instead move ahead with construction of a five-story garage.

**HIGHER RES VERSION** 25BrightonMarine - Rendering of the 102-unit apartment complex proposed on the site of the Brighton Marine Health Center. (The Architectural Team)

Four years later, veterans housing project in Brighton is set to kick off

After nearly four years in the works, a project that will bring housing for veterans to Brighton is finally ready to start construction.

As fishermen age, Maine looks for new scallop harvesters

Maine is considering letting new people into the scallop fishery for the first time in nearly a decade because the shellfish are healthy just as some fishermen are getting too old to harvest them.

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.