So long, Bud — Sam Adams is the new official beer of the Red Sox

The deal between the ballclub and Boston Beer Co. runs through the 2025 season.

Sanofi Genzyme issues recall for contaminated arthritis gel

The Cambridge-based biotech told doctors and pharmacists to return more than 12,000 syringes filled with Sinvisc-One.

Fenway Community Health Center

Second Fenway health center leader steps down

The resignation comes after disclosures that Fenway mishandled complaints about a high-profile doctor accused of sexual harassment and bullying.

Eversource sends cease-and-desist letter to environmental group

The utility told the Environmental Defense Fund to stop making or publishing misleading statements about a recent report it had posted online.

Latest Business headlines

Bitcoin soars during its first day on futures market

The January contract for the digital currency closed at $18,545. The price rose as high as $18,850.

In tax push, Trump’s team uses a dubious growth estimate

The Treasury Department just gave Republicans ammunition that their tax cuts would pay for themselves.

Companies in US plan to slow their investment, hiring in 2018

Only a small share say proposed tax legislation is driving their capital-spending decisions, according to a private survey.

HSBC says US preparing to dismiss criminal charges against it

The move comes five years after the bank reached an agreement to avoid prosecution related to lapses in its money-laundering controls.

Europeans say US tax plans may violate international accords, distort trade

The European Union’s top five economies are warning the United States that its massive tax overhaul could violate some of its international obligations and distort trade.

Sponsored by Rockland Trust

Leasing equipment may be best option for businesses

Here’s five steps to see if it’s the right choice for your company.

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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.


// Body changes during pregnancy might mean drug doses are all wrong

Standard doses of medication might not work for pregnant women, even if the drug is safe.

More Business headlines

Stocks rise modestly; S&P 500, Dow hit new highs

Technology companies led US stocks modestly higher Monday, driving the market to another set of milestones.

Tuesday’s business agenda

Webinar, networking session, and other notable events and things to know.

Michael Hanson wants to take Boston-based Cengage to new heights.


College textbook company aims to be the Netflix of higher education

Michael Hanson’s Cengage is unveiling a subscription service in time for next fall’s classes.

(FILES) This file photo taken on September 22, 2017 shows an Apple logo on the outside of an Apple store in San Francisco, California. Apple will buy leading song recognition app Shazam, the companies said on December 11, 2017, in a fresh bid by the tech giant to gain an edge in online music.

Apple buys early iPhone app hit Shazam to boost Apple Music

Apple Inc. agreed to acquire music-identification service Shazam, taking ownership of one of the first apps to demonstrate the power of the iPhone, recognizing songs after hearing just a few bars of a tune.

Governor Charlie Baker

Calling for 135,000 new homes, Baker seeks zoning changes, promises cash for suburbs

Governor Baker rolled out a plan to speed housing construction by encouraging cities and towns to permit more development.

Tom Ashbrook accused by former employees of ‘creepy’ sex talk, neck and back rubs

More details emerged Monday about harassment allegations brought against the acclaimed WBUR and NPR host.

Viagra hit the market in 1998.

The little blue pill that changed sex: An oral history of Viagra

The drug’s incredible run ended Monday with the release of a cheaper, generic version of the world’s first impotence-fighting pill.

The January contract for bitcoin futures closed at $18,545 on the Cboe Futures Exchange.

Bitcoin soars during its first day on futures market

The January contract for the digital currency closed at $18,545. The price rose as high as $18,850.

Tom Bluthardt says he’s done with Boston Matchmakers.

The Fine Print | Sean P. Murphy

For $1,000, Boston dating service disappoints a client

Seven months have passed without so much as a just-checking-in e-mail from Boston Matchmakers, and one user says he wasted his money.

The exterior of Fenway Community Health Center, whose chief executive resigned Sunday.

Fenway Health CEO resigns over handling of harassment complaints

Stephen Boswell’s departure comes two days after a Globe investigation detailed allegations of harassment and bullying against Dr. Harvey Makadon.

A look at the week ahead

Our weekly roundup of business events.


In infertility, investors see chance for big returns

The money isn’t just in treating older women who have spent years trying to conceive.

Boston University president Robert Brown was on the list of top earners among college leaders, receiving total compensation of $2.48 million in 2015.

More private university chiefs top $2m as pay keeps climbing

Presidents at America’s private universities saw their pay increase by 9 percent in 2015, with several topping $2 million in total earnings.

Protesters opposed to repealing Net neutrality regulations took to the streets in Washington, Boston, and other cities last week.

Net neutrality fight isn’t over yet

On Thursday the FCC is expected to reverse the Obama administration’s policy on “Net neutrality.”

Mass. is tackling marijuana rules this week. Here’s what to watch for

Among the decisions are whether to allow pot bars and weed delivery.

Consider the swift firings of Matt Lauer and others amid the recent flood of high-profile sexual misconduct scandals.

Many companies don’t go far enough to address sexual harassment, but the tide is turning

More action is being taken to protect women, change company culture, and enforce laws.

09bridge - The Massachusetts Gaming Commission previewed a design of a proposed bridge that would allow the Wynn Resorts casino in Everett access to a T station. (Massachusetts Gaming Commission)

Somerville footbridge might be the closest thing Wynn will get to a transit stop

That is, if officials can find a way to pay for it.


No benefit to trimming LinkedIn contact list

LinkedIn is all about showcasing meaningful professional relationships — regardless of the industry.

In a driverless world, what’s the difference between Zipcar and Uber?

In the coming age of driverless vehicles, the lines separating the way ride-hail firms and car rental companies do business will disappear.


When it comes to personal finance, seeing is believing

It’s particularly helpful to know your learning style, because so much of it can give you a headache. It’s complicated.

Demolition work continued into the night at the Winthrop Square Parking Garage.

Making way for a tower

The Winthrop Square Garage is no more.

Wells Fargo has acknowledged that it improperly charged some customers fees to secure lower mortgage rates and said it would issue refunds.

Trump says Wells Fargo’s penalties for ‘bad acts’ could be ‘substantially increased’

A Reuters story published Thursday had said the Consumer Financial Protection Bureau, recently taken over by a Trump appointee, was reviewing whether the bank should be forced to pay potentially tens of millions of dollars for mortgage lending abuse.

Sanofi, parent company of Cambridge’s Sanofi Genzyme, is based in Gentilly, near Paris.

Sanofi Genzyme puts hold on arthritis medicine following surge in side effects

The Cambridge company said 18,000 doses distributed to 36 states were affected, but it provided few other details.

Men worked at a construction site in Washington, D.C., on Friday. The US economy continued to see robust job creation in November.

A stronger global economy is helping boost the US job market

The US job market is benefiting from an unlikely source: other countries.

The sale is a reunion of sorts with the old Community Newspaper Co. chain that Pat Purcell (above) sold 11 years ago.

Talking Points

Gatehouse’s purchase of Herald is a big move into Boston

Boston Herald publisher Pat Purcell says he tried every trick he could to keep his beloved newspaper solvent.

Sale of former Polartec plant closes for $5.8 million

The new owner says he plans to turn the property into an industrial innovation hub.

Boston Heralsd Ded 8 2017 edition

Boston Herald being sold to Gatehouse, files for Chapter 11

The announcement was made to newsroom staff at a meeting at the paper’s newsroom Friday.

Partners HealthCare corporate offices in Somerville's Assembly Row.

Partners HealthCare reverses financial loss

The state’s largest health system reversed the worst financial loss in its history to a profit this year after a turnaround at its insurance business, Neighborhood Health Plan.

Construction underway at Harvard’s Allston campus.

Harvard to fill out one corner of its Allston holdings

Harvard envisions turning a 14-acre section of the area into a 900,000-square-foot, mixed-use complex, known as the Enterprise Research Campus.

Best Buy worker Kyle Bray directed customers at Best Buy in Watertown on Black Friday.

US employers add 228,000 jobs in November

The economy is expanding at a healthy pace, with the unemployment rate remaining at a 17-year low of 4.1 percent.

Bose’s Quiet Comfort 35 headphones ($350) integrate Google Assistant, so you can touch a button to ask for specific songs, initiate a phone call, or inquire about the weather forecast.


These cool gifts were born in Massachusetts

You can shop locally for everything from noise-canceling headphones to home robots to 3-D-knitted sweaters.

CAMBRIDGE, MA - 11/15/2017: Fernanda Viegas (cq) senior staff research scientist, leads the PAIR (People + AI Research) initiative, which is primarily located in Cambridge. She also co-leads the Big Picture research team, which is part of Google Brain, which is designed to bring data visualization and complex information to lay users (David L Ryan/Globe Staff ) SECTION: BUSINESS TOPIC 03onthejob


At Google in Cambridge, she’s working ‘to invent the future’

Fernanda Viégas leads its “Big Picture” team, visualizing data to make it accessible to everyone.


Sam Isaly steps down following sexual harassment allegations

Sam Isaly, founder of biotech’s largest and most powerful biotech hedge fund, is stepping down following a barrage of sexual harassment allegations published by STAT.

Elon Musk’s Tesla Inc. will receive $1.1 million from the Baker administration for batteries the company will install at the Wynn Boston Harbor hotel and casino.

Baker administration awards $20m in grants for energy storage

State officials are distributing the funds across 26 demonstration projects around the state as part of its Advancing Commonwealth Energy Storage program. The grants will be matched by about $32 million in private investments in these projects.

Meryl Streep (left) jokingly bowed down to Gloria Steinem as they arrived to speak at the Massachusetts Conference for Women.

12,000 women, stories of sexual harassment at women’s conference in Boston

No sessions officially addressed it, but attendees and panelists — including Meryl Streep and Gloria Steinem — had plenty to say about sexual harassment and the #MeToo movement.

Sage Therapeutics CEO Jeff Jonas.

Sage Therapeutics stock soars 70% on rosy drug-test data

Sage Therapeutics announced yet more good news Thursday: Positive results from a mid-stage clinical trial for a pill to treat people with major depressive disorder.

GE to cut 12,000 power-division jobs in bid to keep up with shift to renewable energy

General Electric Co. will cut 12,000 jobs in its power division as alternative energy supplants demand for coal and other fossil fuels.

Surging stock prices and steady increases in home values powered American household wealth to $96.9 trillion in the fall of 2017, though the gains aren’t widely shared.

Surging stocks lift US wealth, yet most still trail ’07 peak

Surging stock prices and steady increases in home values powered American household wealth to $96.9 trillion this fall, the Federal Reserve said Thursday. The gains, however, aren’t widely shared.

LONDON, ENGLAND - DECEMBER 07: A visual representation of the digital Cryptocurrency, Bitcoin on December 07, 2017 in London, England. Cryptocurrencies including Bitcoin, Ethereum, and Lightcoin have seen unprecedented growth in 2017, despite remaining extremely volatile. While digital currencies across the board have divided opinion between financial institutions, and now have a market cap of around 175 Billion USD, the crypto sector coninues to grow, as it continues to see wider mainstreem adoption. The price of one Bitcoin passed 15,000 USD across many exchanges today taking it higher than previous all time highs. (Photo by Dan Kitwood/Getty Images)

Bitcoin spikes to a new record — again. Will it ever come down?

When the party ends, many latecomers are going to wish they had stayed away, one expert said.

S&P 500 snaps losing streak as industrial, tech stocks rise

US stock indexes perked higher Thursday, with the Standard & Poor’s 500 rising for the first time in five days.

Friday’s business agenda

Retail and consumer conference, management workshop, and other notable events and things to know.

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.