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

Investment firms buy 10 Post Office Square for $143M

A joint venture of GreenOak Capital and Synergy Investments has purchased the office building at 10 Post Office Square in Boston for $143 million. The seller was Soundport Capital of New York.

Increased savings, lower oil prices could give boost to holiday spending

Americans’ savings may burn a hole in their pockets during the holiday-shopping season after consumer spending took a breather in the third quarter.

Homeless population in Massachusetts rose 28% in past four years

The homeless population in Massachusetts has increased by nearly 28 percent since 2010, while nationwide, the number has declined by almost 10 percent, according to a report out Thursday by the U.S. Department of Housing and Urban Development.

Putnam and Great-West combine retirement services under a new brand: Empower

Great-West Financial and Putnam’s retirement business is being renamed Empower.

State economic growth slower, but solid

The Massachusetts economy grew at solid, albeit slower pace over the summer, catching its breath after a strong expansion in the spring, the University of Massachusetts reported Thursday

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Game Changers


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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.

Top Places to Work


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The Globe’s annual survey of Massachusetts companies ranks the top largest, large, medium, and small employers in the state.

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