On Boston’s outskirts, hopes for an industrial comeback

Yard 5 in Hyde Park is an old MBTA railroad site where new industrial development is planned for next year.

John Tlumacki/Globe Staff

A Hyde Park development will offer studio-sized spaces aimed at luring small industries that have left the region in droves.

FILE - This July 30, 2008 file photo shows a silhouetted coaxial cable in Philadelphia. Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. But cutting the cord won’t mean cutting out your cable provider, and some would-be customers may balk when they see just how much paying a la carte actually costs. (AP Photo/Matt Rourke, File)

Hiawatha Bray | Tech Lab

Despite cord cutting, cable TV’s future looks very familiar

Industry analysts believe that most consumers will stick with cable, even as more networks offer Internet subscriptions.

Trader Fred DeMarco (right) worked on the floor of the New York Stock Exchange Wednesday afternoon.

Fed ends bond-buying program

The Federal Reserve ended its bond purchase program that was intended to keep long-term interest rates low.

Christopher Viehbacher was one of the best known leaders in the global pharmaceutical industry.

Viehbacher out as Sanofi chief executive

French drug giant Sanofi SA said its board voted unanimously to fire Christopher Viehbacher.

Latest Business headlines

Tim Cook: ‘I’m proud to be gay’

Apple CEO Tim Cook says he’s proud to be gay. The public declaration, in an essay written for Bloomberg Businessweek, makes Cook the highest-profile business CEO to come out as gay.

The Bill & Melinda Gates Foundation helps launch Cambridge vaccine company

Affinivax Inc., a Cambridge biotechnology company seeking to develop vaccines, announced its launch Thursday with a $4 million investment from the Bill & Melinda Gates Foundation.

‘I’m proud to be gay,’ Apple CEO Tim Cook says

Cook’s public declaration in a Bloomberg Businessweek essay makes him the highest-profile business CEO to come out.

Boston condo prices up, though sales slow

Sales dropped for the first time in four years even as prices continued to march upward.

Government pushes air bag maker on replacement parts

The National Highway Traffic Safety Administration sent letters to Takata Corp. and 10 automakers seeking information in a widening air bag recall.

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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.

Market Basket in turmoil


A family feud is now an outright business crisis for the Demoulas Super Markets chain.

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