US tells Santander it needs to improve

The Boston-based bank earned a rare downgrade from regulators on a key performance benchmark.

Bentley University’s Center for Women and Business is creating a program that awards $40,000 over four years to each of 40 incoming female freshmen with leadership potential. Above: university president Gloria Larson.

Shirley Leung

Bentley University targets promising female leaders with $40,000 award

With a $1 million gift from Liberty Mutual, the Waltham school has launched a program to help women thrive in the workplace.

New numbers for single-family home sales in January are expected to be released Tuesday morning.

Looking to buy a home this spring? Good luck with that

Massachusetts prices are up another 7 percent, inventory is down, and interest rates are likely to rise.

Pedestrians walked through Kenmore Square as sunlight fell on the Citgo sign on Monday.

A big fight is brewing over Boston’s iconic Citgo sign

Like so many real estate disputes, the battle over the neon landmark involves a longtime tenant and a new landlord who wants to jack up the rent.

Latest Business headlines

Financial AI software earns Kensho $50m investment

The Cambridge company, which counts major investment banks among its clients, is now valued at about $500 million.

What’s behind that argument the Uber CEO had with his driver

The Uber driver confronted Travis Kalanick about declining fares.

Thursday’s business agenda

Economic data, meetups, and more notable events and things to know.

New England Flower Exchange makes its debut in Chelsea

The former Boston Flower Exchange ended its 45-year run at its South End warehouse.

Labor Dept. proposes 60-day delay of Obama’s tough rules for brokers

Wall Street banks, insurance companies, and smaller brokerage firms have spent years fighting the requirement.

Sponsored by Rockland Trust

Upgrades to Logan are necessary, but will they ever get off the ground?

Priorities include adding more parking and international flights. Massport CEO Thomas Glynn tells us the plan going forward, and if it’s feasible.

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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More Business headlines


Don’t buy into the promise of a homeopathic cure

The FDA regulates homeopathic products, but does not evaluate them for safety or efficacy.

Stocks rise sharply, putting Dow over 21,000

Stocks opened strongly higher on Wall Street, led by big gains in banks as investors expected interest rates to rise.

President Trump called for drug prices to come down immediately.


Trump’s pledge to ‘slash restraints’ at FDA draws cheers and jeers

During his address, decried a “slow and burdensome” regulatory process that he said has too often delayed access to new treatments.

Uber CEO Travis Kalanick

Uber CEO apologizes after video shows him arguing with driver

The episode comes at a difficult time for Uber, which has been caught up in several controversies over the past two months.

Rx reminder app startup Medisafe raises another $14.5m

Boston company will open a London office and hire sales and marketing staff with the latest investment.

A mild winter and low natural gas prices have helped wholesale electric prices fall.

Wholesale electric prices reach new low in New England, but retail prices remain high

In Massachusetts, for example, the average residential bill in December was 55 percent higher than the national average.

Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation (left), talked with Security and Exchange Commission chairwoman Mary Jo White at a Financial Security Oversight Committee hearing in 2015.

US banks in strong shape as fourth-quarter profit jumps

The FDIC reported that US banks earned $43.7 billion in the fourth quarter, up from $40.8 billion a year earlier.

Target’s outlook signals that chief executive Brian Cornell has more work to do to reverse weak in-store traffic.

Target drops on fears new strategy may imperil “Tar-Zhay” cachet

Target Corp. became a retail phenomenon — and a stock market darling — with a rare mix of hip products and bargain prices.

Since the recession ended in mid-2009, annual growth has averaged 2.1 percent, the worst performance for any recovery in the United States in the post-World War II period.

US economy grew at weak 1.9 percent rate in 4th quarter

President Trump vowed during the campaign to double economic growth to 4 percent or better.

YouTube’s Robert Kyncl spoke Tuesday in Los Angeles about networks that will be carried on YouTube TV.

Google is going after cable with its own streaming service, YouTube TV

Google is taking the plunge into live television with a new streaming service that’s designed to compete against SlingTV, DirecTV Now, and Playstation Vue.

FILE Ñ Carl Icahn, the activist investor, speaks at a conference in New York, Nov. 3, 2015. Shares of Pep Boys shot up 8 percent on Dec. 29 after Icahn Enterprises said that it had raised its bid to $18.50 a share in cash, an offer which values the auto-parts retailer also pursued by Bridgestone at roughly $1 billion. (Karsten Moran/The New York Times)

Icahn’s stake in refiner grows as he advises Trump on energy

Investor Carl Icahn and the leading biofuel trade group propose revamping the Renewable Fuel Standard.

Co-founder and Chief Executive Officer (CEO) of US tranportation company Uber Travis Kalanick gestures as he speaks at an event in New Delhi on December 16, 2016. / AFP PHOTO / MONEY SHARMAMONEY SHARMA/AFP/Getty Images

The latest pothole for Uber? CEO’s rant captured on dashcam

One car ride. One frustrated driver. One fulminating chief executive/passenger. And many barbed comments.

 General Assembly is hosting a class on public speaking on Wednesday.

Wednesday’s business agenda

Classes, meetups, and more notable events and things to know.

Stocks edge lower, ending Dow’s 12 days of wins

A slide led by Target and other big retailers pulled US stock indexes lower Tuesday.

YouTube TV will offer cable alternative

People fed up with paying for cable the traditional way will soon be able to subscribe to it from YouTube.

Woman working with a laptop sitting at the desk; Shutterstock ID 273257858; PO: Busines 09-09-2015

Some Internet services are sputtering today

Amazon Web Services, which helps companies run their websites and apps, is working to address a storage issue.

C.A. Webb  in 2015.

VC firm co-founder leaves after short stint

C.A. Webb, a former director of the New England Venture Capital Association, is leaving Underscore after about 18 months.

Uber CEO argues with driver over falling fares in video

There’s no question that it’s been a hard year for Travis Kalanick and Uber. And it keeps getting worse.

A sign marks a Fidelity Investments office in Boston, Massachusetts, U.S. September 21, 2016. To match Special Report USA-FIDELITY/FAMILY REUTERS/Brian Snyder

3,000 Fidelity workers are getting a buyout offer; some will walk away with a lot of money

The Boston-based financial firm won’t say how many people it hopes will leave.

JetBlue Airways will soon begin offering service from Worcester to John F. Kennedy Airport in New York City.

JetBlue to offer Worcester-New York route

The route will run on a daily basis, but don’t get too excited. There is no scheduled date for when it will start operating.

A Fidelity Investments office in Los Angeles.

Despite record profits, Fidelity to cut costs by offering buyouts

It’s unclear how many jobs the Boston-based investment giant wants to shed, but the packages are said to be generous.

03/17/2016 -Cambridge, MA- The closed former Harvard Square Theatre (Craig F. Walker/Globe Staff) section: Arts reporter: Arnett

Cambridge wants something to happen with Harvard Square Theater

Officials in Cambridge are threatening to intervene if the owner of the long-vacant property doesn’t quickly move forward with redevelopment.

Artificial blood could be freeze-dried into a powder and then mixed with sterile water when needed.

The quest for one of science’s holy grails: artificial blood

The quest to develop substitute blood has long bedeviled researchers.

Space X’s Falcon 9 rocket, similar to one that would launch people to the moon, was prepared at the Kennedy Space Center this month.

SpaceX says it will fly two people to moon next year

SpaceX said Monday it will fly two people to the moon next year, a feat not attempted since NASA’s Apollo heyday close to half a century ago.

Kristin Henry, a former Sterling employee, at her apartment in Florida. Henry says she was 22 when a manager tried to kiss and touch her.

Hundreds of workers at company behind Jared, Kay say culture fostered harassment

Routine sexual ‘‘preying’’ at events ‘‘was done out in the open and appeared to be encouraged, or at least condoned, by the company,’’ one manager said.

Amit Singhal’s hiring by Uber, which took effect only a month ago, was consider a coup by the company.

Uber software head leaves as past harassment claim surfaces

Uber Technologies Inc. executive Amit Singhal resigned after the ride-hailing company learned of a sexual harassment allegation from his previous job at Google.

Congress could pump the brakes on states’ retirement plans

Some states are crafting special accounts that they say will make it easier for tens of millions of people to save for retirement.

Business giants to announce creation of a computing system based on Ethereum

Microsoft, JPMorgan Chase and other corporate giants are joining forces to create a new kind of computing system based on the virtual currency network Ethereum.

Warren Buffett says he’s investing heavily in Apple, believing that once people begin using the company’s products they aren’t likely to stop.

Buffett’s Apple, airline wagers highlight emergence of deputies

Some of Berkshire Hathaway’s biggest new stock bets highlight the growing influence of Warren Buffett’s backup investment managers, Todd Combs and Ted Weschler.

Lawsuit alleges automakers knew of deadly Takata airbag defects

Five auto companies continued to use the airbags to save on costs, the suit contends.

Richard Freeland.

Bold Types

If retirement were a class, former college president would flunk

So much for retirement.

Dow’s winning streak is longest since 1987

Wall Street notched another set of milestones Monday.

Boston Dynamics’ new robot can jump higher than you can

Waltham robot maker Boston Dynamics is on a roll, with a fast-moving robot that gets around using both legs and wheels.

President Donald Trump, flanked by Independence Blue Cross CEO Daniel J. Hilferty, left, and Blue Cross and Blue Shield of North Carolina CEO Brad Wilson, speaks during a meeting with health insurance company executives in the Roosevelt Room of the White House in Washington, Monday, Feb. 27, 2017. (AP Photo/Pablo Martinez Monsivais)

Groups urge Baker to oppose possible Medicaid cuts

President Trump’s plan to repeal the Affordable Care Act could include cuts to the joint state-federal health care program.

Tuesday’s business agenda

Economic data, info sessions, and more notable events and things to know.

A model of RNA, which is becoming a more attractive target for drug development.


Termeer-back biotech raises $38 million

Waltham-based Arrakis Therapeutics, which started with seed money from former Genzyme CEO Henri Termeer, is taking a new approach to treating diseases.

General Electric chief executive Jeff Immelt (center) and Dell founder Michael Dell (left) arrived for a meeting with President Trump at the White House last week.

GE’s Immelt raises concern about nationalist trade policies

The chief executive said the company prefers “multilateralism and free trade” but is ready to compete in a more protectionist world.

In global expansion, Netflix makes friends with cable, cellphone carriers

The deals give Netflix almost instantaneous access to potential users without having to spend a fortune on advertising and distribution deals.

Startups’ latest nut to crack: food allergies

A number of Boston companies have launched non-medical alternatives to help allergy sufferers better maneuver through life.

Federal Communications Commission (FCC) Commissioner Ajit Pai.

Internet privacy rules headed for showdown

A new FCC chairman and Republicans in Congress are threatening to repeal privacy rules for Internet service providers.


Pharma urges FDA to delay rule on policing off-label marketing

The rule says drug makers must update product labels if there is evidence a company intended its medicine to be used off label.

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.