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.

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.

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.

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.

Latest Business headlines

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.


Genome-editing patents belong to Broad Institute, board says

Five of the top business stories from the past week.

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.


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.

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.


// Sign up for Talking Points

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


// Scouring the brain for clues to new treatments for mental illness

Psychiatric drugs haven’t improved much in decades. So researchers are poring over new models of the brain for leads.


// 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

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.

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.

NEW YORK, NY - FEBRUARY 16: La Sirena Mexican Art and Crafts store stands closed in solidarity with the 'A Day Without Immigrants' boycott/strike, February 16, 2017 in New York City. Across the country hundreds of restaurants and eateries are closing for the day to protest President Trump's immigration agenda and to highlight the contributions of immigrants to U.S. business and life. (Photo by Drew Angerer/Getty Images)

shirley leung

Will the Trump era make Americans strike again?

Big one-day protests are routine in Europe and Latin America, but not here. That may change.

A Project Loon balloon created by X Lab, which is owned by Google’s corporate parent, was on display in Christchurch, New Zealand, in 2013.

Can Internet-beaming balloons outmaneuver shifting winds?

An Internet-beaming balloon factory spun out of Google believes it can outmaneuver the wind to deliver Internet to remote parts of the world.

CFBP director Richard Cordray is an Obama appointee.

Appeals court will reconsider ruling on consumer agency

The decision offers at least temporary job security for Richard Cordray, the director of the Consumer Financial Protection Bureau.

A demonstrator turned out in favor of unionization during a rally with Boeing workers in North Charleston on Monday.

S.C. Boeing workers reject union

Boeing workers overwhelming rejected union representation at the aviation giant’s 787 Dreamliner plant.

Facebook CEO Mark Zuckerberg released a missive Thursday outlining his vision for the social network and the world at large.

Facebook’s Zuckerberg, bucking tide, takes public stand against isolationism

Facebook’s chief executive, Mark Zuckerberg, on Thursday stepped into the raging debate about globalization.

Wellesley student Margaret Justus took in the empty spaces at the Davis Museum, which stripped art by immigrants.

A day without immigrant workers would look something like this

Throughout Greater Boston, pockets of commercial establishments big and small joined the #DaywithoutImmigrants protest.

epa05771714 Ukrainian servicemen stand near of their armed personal carrier (APC) at the eastern city of Avdiivka, Donetsk area, Ukraine, 04 February 2017. Heavy artillery and rockets have hit residential and industrial areas amid a new outburst of fighting between government troops and Russia-backed separatist rebels. The fighting in Avdiivka damaged infrastructure and left residents with power and heating outages amid freezing conditions. EPA/VOLODYMYR PETROV

Framingham cybersecurity firm detects new attack in Ukraine

CyberX said the malicious program is targeting businesses and institutions.

Stocks slow after a record-setting run

The S&P 500 dipped Thursday to break a seven-day winning streak, its longest in 3½ years.

FILE - In this Feb. 4, 2016 file photo, Pharmaceutical chief Martin Shkreli smiles on Capitol Hill in Washington during the House Committee on Oversight and Reform Committee hearing on his former company's decision to raise the price of a lifesaving medicine. Twitter cited harassment when asked Jan. 9, 2017, why Shkreli's account had been suspended from the platform. (AP Photo/Susan Walsh, File)

At UMass Boston, Shkreli says he hopes people can get to know him

About 50 protesters greeted the former Turing Pharmaceuticals chief executive as he arrived on campus.

MIT floats ideas for Volpe Center in Kendall Square

First plan envisions 1,400 units of housing, offices and possibly Cambridge’s tallest building.

The Seaport was to have included a large performing arts center, but now the need for a large venue is questioned.

With Seaport theater plans scaled back, what’s next for cultural space?

The original Seaport Square envisioned a giant theater. The new owners say smaller arts spaces are more in demand.

Restaurants honor ‘Day without Immigrants’

A recap of the most important business news from Wednesday.

Friday’s business agenda

Panels, workshops, and more notable events and things to know.

Steward makes first out-of-state acquisition

Steward Health Care System agreed to buy eight hospitals in three states from Franklin, Tenn.-based Community Health Systems Inc.

Chaplain Alyssa Adreani spoke with physical therapy supervisor David Nicoloro at Newton-Wellesley Hospital.


Hospital chaplain’s work is a blessing and a challenge

They are considered part of the treatment team, sometimes even improving health outcomes.

Josh Lewin is co-owner of Juliet in Somerville, one of the Massachusetts restaurants that have joined a national Sanctuary Restaurants movement.

What does Trump’s crackdown on immigration mean for restaurants?

Those who work in the industry are speaking out, getting organized, and raising money to support immigrants’ rights.

Used car dealership. Fragment of a windshield


What’s the deal with ‘certified preowned’ cars?

Is it just a fancy marketing term to get consumers to spend more on a used car? The answer, it seems, falls somewhere between optimism and cynicism.

The Highland Street Foundation will sponsor a variety of activities for underserved children during the vacation week, including skating on the Boston Common Frog Pond. (David L Ryan/Globe Staff Photo)


School vacation freebies

The Highland Street Foundation is sponsoring a variety of free activities for underserved kids and their families.

Boston, MA 042412 Abigail Johnson with Fidelity Investments received an award on behalf of the Johnson family from Greater Boston Chamber of Commerce 2012 at the Boston Convention and Exhibition Center on April 24, 2012. (Essdras M Suarez/ Globe Staff)MET

Despite struggling stock funds, Fidelity reports record revenue, profit

The Boston-based mutual fund giant took in nearly $16 billion last year.

The Fox News set at the Wells Fargo Arena, on day three of the Democratic National Convention in Philadelphia, July 27, 2016. Even as Fox goes about broadcasting-as-usual, the organization is still grappling with the aftershocks of the abrupt exit of Roger Ailes, and relations between some key on-air talents are reportedly icy and tense. (Eric Thayer/The New York Times)

Fox News facing federal probe over sex harassment payments, lawyer says

The prospect of a criminal investigation is a surprising escalation of the sexual harassment scandal that engulfed the network last year.

epa05795769 US President Donald J. Trump waves outside the entrance to the West Wing after seeing off Israeli Prime Minister Benjamin Netanyahu (not pictured) following their meeting at the White House in Washington, DC, USA, 15 February 2017. This is the first official meeting of the two leaders since President Trump has taken office. EPA/MICHAEL REYNOLDS

Trump credits market rallies with confidence in his administration

Despite his low approval ratings, President Trump said new stock market highs are due to optimism in the early days of his administration.

Fuze names new CEO on heels of massive investment round

The incoming executive recently presided over the sale of Internet traffic company Dyn to Oracle.

MIT professor working with Uber to address racial bias

An MIT professor said the companies quickly got in touch to talk about research that found a pattern of discrimination in the industry.

Verizon is close to a renegotiated deal for Yahoo Inc.’s Internet properties, spurred by data breaches, that would reduce the price of the $4.8 billion agreement by about $250 million.

Yahoo issues another warning in fallout from hacking attacks

Yahoo confirmed Wednesday that it was notifying users that their accounts had potentially been compromised but declined to say how many people were affected.

FILE - FEBRUARY 01: Facebook reported fourth-quarter higher earnings and sales of $3.56 billion, beating analysts growth expectations. NEW YORK, NY - APRIL 09: In this photo illustration, an Instagram photo of the Facebook website app is seen on an Apple iPhone on April 9, 2012 in New York City. Facebook Inc. is acquiring photo-sharing app Instagram for approx. $1 billion. (Photo illustration by Justin Sullivan/Getty Images)


How to keep data leaks from getting out of hand

Privacy-conscious app makers have been working the problem for years, but even the best are still far short of ideal.

In the eyes of the patent office, breakthrough work by Emmanuelle Charpentier and Jennifer Doudna on CRISPR was not so all-encompassing as to make later advances by the Broad Institute “obvious.”


Broad Institute wins genome-editing patent dispute

The US patent office ruled Wednesday that hotly disputed patents on CRISPR-Cas9 belong to the Broad Institute of Harvard and MIT.

At a House hearing Tuesday, Federal Reserve Chair Janet Yellen opposed congressional restrictions on the Fed,

Yellen defends Fed independence, banking regulations

Federal Reserve Chair Janet Yellen said that Fed officials do not feel the bond holdings should be reduced until the Fed has raised its benchmark rate.

Optimism on economy pushes stocks to more records

Stocks and bond yields punched higher Wednesday and US indexes set records again.


He vowed to cure cancer —but this billionaire’s moonshot is falling far short of the hype

Dr. Patrick Soon-Shiong launched his audacious “Cancer MoonShot 2020” a year ago.

Thursday’s business agenda

Economic data, economic reports, and more notable events and things to know.


Law firm Foley Hoag launches marijuana practice

The prestigious firm hopes to attract some of the big-money pot players sniffing around the recreational pot market.


Racepoint’s Weber passes the baton

Larry Weber has handed the CEO’s title at Racepoint Global to his longtime lieutenant, Peter Prodromou, but will stay on board at the public relations firm as chairman.

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.