With H-1B visas for the highly skilled in doubt, tech world’s anxious

As President Donald Trump seeks to clamp down on immigration, the status of white-collar international workers has become a political live wire.

A rendering of the 22-story residential building proposed for 150 Seaport Blvd.

Environmental group files suit to stop Seaport condo tower

A lawsuit claims the development restricts access to the water and sets a dangerous precedent for construction in the Seaport.

Stowe Mountain has 116 trails and 12 lifts.

Vermont’s Stowe Mountain Resort to be bought by Vail Resorts

The resort is being purchased by the Colorado-based Vail Resorts for $50 million.

BOSTON, MA - 7/20/2016: A FULL MOON VIEW for the Millennium Tower Boston, downtown crossing at Summer and Washington streets.... Beacon Hill in the foreground an architecture review (David L Ryan/Globe Staff Photo) SECTION: ARTS TOPIC 17Tower

Condo sales hit lofty heights last year in Boston

The median price for a condominium in Boston jumped 16.2 percent, to $790,000.

Latest Business headlines


Diane Von Furstenberg to headline Simmons leadership conference

The Simmons College event has come a long way from its humble beginnings as a get-together of women from the college’s management school.


Growing number of businesses cater to autistic visitors

As general awareness of autism grows, more private businesses are changing their practices during select times to accommodate individuals with the condition.

Schoenhof’s books, a Harvard Sq. landmark, is set to close

After 161 years in business, the bookstore will operate only online.

Big banks launch Zelle to take on Venmo

A collection of 19 companies, including Bank of America, teamed up on a website and app that will let users send and request money.

Patent royalties curbed as Supreme Court backs Thermo Fisher

The ruling is a defeat for Promega Corp., which claimed Thermo Fisher Scientific Inc.’s Life Technologies unit infringed a patent covering genetic testing kits.

Sponsored by Rockland Trust

Can we get our trains back on track?

The lapsed state of the U.S. rail system, and what’s being done here in Boston to help improve the MBTA.

This content was produced by Boston Globe Media in collaboration with the advertiser. The news and editorial departments of The Boston Globe had no role in its production or display.


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


//c.o0bg.com/rf/image_90x90/Boston/2011-2020/2017/02/21/BostonGlobe.com/National/Images/teething.jpg Homeopathic remedies harmed hundreds of babies, families say

Babies turned blue and had repeated seizures after taking Hyland’s teething products, FDA records show.


//c.o0bg.com/rf/image_90x90/Boston/2011-2020/2016/03/22/BostonGlobe.com/Business/Images/video150-5896.png Innovation Capital: An Examination of the Boston region’s future in the global economy

Presented by Rockland Trust, Innovation Capital is an examination of the Boston region’s future in the global economy.

More Business headlines

Boston Ma- 01/27 //2017 Elizabeth Deveney (cq) is the fourth generation to carry on the monument stone cutting tradition at Deveney &White Monument Co. She is photographed at the Dorchester offices. Jonathan Wiggs /GlobeStaff) Reporter:Topic


A death in the family had profound effect on this tombstone maker

Elizabeth Deveney carries on her family’s Dorchester business, Deveney and White Memorials

Uber chief executive Travis Kalanick led an hourlong meeting with staff Tuesday at the company’s headquarters that focused on employee complaints, including sexual harassment.

Uber CEO apologizes for company culture after harassment claims

At a meeting open to all Uber Technologies Inc. employees on Tuesday, Travis Kalanick apologized for cultural failings at his company.

Harvard Pilgrim expands use of novel drug purchasing deals

The health insurer signed two more deals to pay for expensive drugs based on how effectively they treat patients, a strategy aimed at reining in medical spending.

Wells Fargo fires managers, denies bonuses in account probe

The actions come as the bank’s board examines how abusive sales practices spread through branches before spiraling into a national scandal last year.


Sarepta sale of a priority review voucher suggests prices are falling

Gilead Sciences agreed to pay $125 million to Sarepta Therapeutics for a priority review voucher, a drop in price from previous sales.

Verizon will now pay $4.48 billion to buy Yahoo’s Internet businesses, a reduced price after Yahoo’s data breaches.

Verizon will pay $350 million less for Yahoo

The two companies said they would also share liabilities related to data breaches, which occurred in 2013 and 2014.

The next financial crisis might be in your driveway

The country’s auto debt hit a record in the fourth quarter of 2016.

Mexico, Canada say NAFTA should be renegotiated trilaterally

The foreign ministers of Mexico and Canada presented a unified front ahead of potential trade talks

Skiers at Stowe Mountain Resort in Vermont in 2007. Vail Resorts will pay $50 million to acquire Stowe Mountain Resort. It would be the first East Coast property for Vail.

Vail Resorts to buy Vermont’s Stowe Mountain ski resort

Colorado-based Vail Resorts will pay $50 million to acquire Stowe Mountain Resort, one of Vermont’s most venerable ski resorts.

Wednesday’s business agenda

Discussions, events, and more notable events and things to know.

Hunger for corporate deals lifts stocks

Stocks again broke records Tuesday as investors came back from a long weekend hungry for corporate deals.

09/08/2016 CAMBRIDGE, MA Moderna offices in Cambridge. (Aram Boghosian for STAT)


Moderna loses another key exec on the eve of a major test

Biotech’s highest-profile and most richly funded startup is struggling to retain talent despite the company’s unwavering promise that it’s on pace to change the face of medicine.

Restaurant Brands International Inc., formed from a merger of Burger King and Tim Hortons, agreed to buy Popeyes Louisiana Kitchen Inc. for about $1.8 billion, adding a fried-chicken chain to its lineup.

Burger King owner to buy Popeyes Chicken in $1.8 billion deal

Restaurant Brands International Inc. is adding a fried-chicken chain to its lineup of burgers and doughnuts.

Former Attorney General Eric Holder.

Uber hires Eric Holder to investigate sexual harassment claims

Susan Fowler Rigetti wrote that during her year working as an engineer at Uber she and other female staffers reported multiple instances of sexual harassment.

Michael Mulhern, the former leader of the MBTA Retirement Fund, earned $2.2 million in compensation from 2009 to 2016.

Former MBTA pension chief earned $2.2 million since 2009

Michael Mulhern’s 2016 compensation included nearly $50,000 in unused vacation time pay.

Above Dr. Moazzum Bajwa meets with patient José Luis Garcia at the Riverside University Health System Medical Center.

Caribbean medical schools get a second look

The island nations’ for-profit medical schools are trying to boost their standing just as the US faces an urgent physician shortage.

Facebook’s WhatsApp is a mobile messaging application used by 1.2 billion people.

WhatsApp’s new feature continues Facebook’s Snapchat mimicry

WhatsApp on Monday unveiled a version of its Status feature that takes a significant number of cues from Snapchat.

WASHINGTON, DC - NOVEMBER 17: Vice President-elect Mike Pence meets with U.S. Sen. Charles Schumer (D-NY) on Capitol Hill November 17, 2016 in Washington, DC. Pence's visit to the Hill included meetings with Speaker of the House Rep. Paul Ryan (R-WI), the House GOP Conference, and House Minority Leader Rep. Nancy Pelosi (D-CA). (Photo by Alex Wong/Getty Images)


‘Right to Try’ drug laws can offer the dying false hope

From the start, the movement has been misguided.

Uber engineer pens blog post detailing alleged sexual harassment

A female engineer said her direct supervisor “was trying to get me to have sex with him,” but that her reports to HR were ignored.

Federal agency begins inquiry into auto lenders’ use of GPS tracking

They can figure out when you leave town and see where you parked your car. They can see how many times you went to the grocery store or the health clinic.

The US Capitol Building in Washington D.C.

Financial institutions see potential relief from rules

In a divided Washington, relief from financial regulations for smaller banks seems to be gaining backers.

Oral insulin, freeing patients from injections, is the Holy Grail.


Where are all the new diabetes drugs?

Given the cost of development and a high bar for approval, pharma can only afford to advance true-blue breakthroughs for diabetes drugs.

Linda Bean with lobsterman Bill Iliffe in 2009.

Linda Bean once hoped to be to lobster what Perdue is to chicken. What happened?

The L.L. Bean heiress has largely stepped away from her lobster business.

FILE- In this March 2, 2011, file photo, Heinz ketchup bottles are displayed on the shelf of a market on in Barre, Vt. U.S. food giant Kraft Heinz Co. says its offer to buy Europe’s Unilever was rejected, but that it is still pursuing the deal. The maker of Oscar Mayer meats, Jell-O pudding and Velveeta cheese said there’s no certainty that it will make another offer for Unilever, which owns brands including Hellmann’s, Lipton and Knorr. (AP Photo/Toby Talbot, File)

Kraft Heinz withdraws offer worth $143 billion to merge with Unilever

The merger of Kraft Heinz and Unilever would have created an empire with hundreds of household names.

The US patent office ruled Wednesday that hotly disputed patents on a revolutionary genome-editing technology belong to the Broad Institute of Harvard and MIT.


Genome-editing patents belong to Broad Institute, board says

Five of the top business stories from the past week.

Jacqueline Merritt takes her son, Marcus, when she drives for field trips and sporting events.

More families are struggling with poverty in Boston’s affluent suburbs

Many suburbs around Boston are known for their comfortable lifestyles, but interspersed is a growing number of families struggling to get by.

Stocks inch to new records

Stock indexes inched ahead to record highs Friday, barely, after a late-afternoon push erased losses from earlier in the day.

Job Doc

A layoff ‘survivor’ worries about what’s next

Big layoffs can happen at any time, and they often breed nervousness about the stability of the company.

As the former head of Harvard Pilgrim Health Care, Governor Baker (above) has been seen as friendly to businesses. But as a result of the soaring expense of MassHealth, last month he unveiled a proposal to penalize companies that don’t offer workers adequate health insurance.

Baker, business leaders are at odds on health care

Governor Baker’s proposal to control soaring costs by levying an assessment on companies isn’t going down well with business leaders.


With your adult children, know the difference between enabling and helping

Financial combat can get particularly nasty when it involves siblings, who seem to know just the right insults to hurt deeply.

Dr. Anita Goel led the effort to send a superbug into space.


Quest for better superbug drugs is set for liftoff

On Saturday, NASA will fire a superbug toward the International Space Station, part of an effort to create an accelerated model of how bacteria evolve to become dangerously resistant to antibiotics.

$143 billion deal could bring together Kraft Heinz and Unilever

Kraft Heinz, the maker of Velveeta, Kool-Aid, and Grey Poupon, on Friday said it had made an offer to buy Unilever for what could be the largest food and beverage deal of all time.

Brian T. Moynihan, CEO Bank of America Corporation, speaks during a plenary session on the closing day of the 47th annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Friday, Janu. 20, 2017. (Gian Ehrenzeller/Keystone via AP)

Bank of America boosts CEO Moynihan’s pay 25 percent, to $20 million

Chief executive officer Brian T. Moynihan has worked to boost the lender’s profitability through cost reductions and by resolving litigation issues left over from the financial crisis.

Consumer Reports

How to help keep a senior from being scammed

Financial elder abuse is the most common and fastest-growing form of elder abuse.

Abbie Celniker.

Five things you should know about Abbie Celniker

The serial biotech entrepreneur joined Third Rock Ventures as a partner last year.

Concord, NH - Thursday, Sept. 4, 2014: Director Ben Sparling, facing center, monitors NH1 News from the production control room during TV news rehearsals put on by a brand-new TV news team working for WBIN. The new news show is hoping to be a big player in the 2016 presidential primary. CREDIT: Cheryl Senter for The Boston Globe

Talking Points: WBIN signing off, Liberty Mutual pay, and more

A New Hampshire television station is signing off. Plus more of Friday’s business news.

With Mount Lafayette in the background, a skier descends the Vista Way trail at Cannon Mountain in Franconia, N.H., on Friday.

Snow aplenty as ski resorts look forward to vacation week

For ski resorts in the region, this season so far can be summarized in two words: way better.

Director Ben Sparling monitored NH1 News from the production control room in 2014.

N.H. TV station lays off employees, will go off air

WBIN, a New Hampshire television station that produces one of the state’s two newscasts, said it will go off the air “in the coming months.”

Liberty Mutual CEO David Long.

Liberty Mutual’s CEO earned $17m pay package in 2016

David Long earned the 8 percent increase on his pay package even as the company’s profits faltered.

Food giant Kraft Heinz Co. in talks to buy Unilever

The US company said an offer has been rejected but talks are ongoing.

Venture capitalist Katie Rae next month starts her  job as head of MIT’s “The Engine,” whch will fund entrepreneurs’ big ideas.


The big Engine that very well might

With $150 million to spend, MIT’s The Engine is ready to fund entrepreneurs who plan to change the world.

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.

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.