Latest Business headlines

GE oil deal offers new model to prevent BP-like crude spills

General Electric Co. is expanding its focus on offshore drilling rig safety with a new business that will take over handling of massive underwater equipment designed to prevent well blowouts and oil spills. 

Facebook Loses a Battle in India Over Its Free Basics Program

SAN FRANCISCO — In a setback for Facebook, Indian regulators have banned free mobile data programs that favor some Internet services over others.


Harvard dropout gets $100k in startup cash

Grace Xiao received a Thiel Fellowship that gives her company, Kynplex, funding over two years.

Merchant of waste, fertilizer plans expansion

Sanergy Inc., a nonprofit that makes prefabricated concrete toilets that turn human waste into fertilizer, has raised $1.7 million to expand operations in Nairobi, where it is headquartered.

Drug industry’s image problem isn’t just about Martin Shkreli

Rising prices are a problem for every drug maker. Blaming a few outliers fails to tell the whole story.

More Business headlines

General Electric’s LED lighting is among the divisions — in addition to energy storage, electric-car charging, and solar power — that are now under one corporate umbrella called Current.

Mark Duncan/Associated Press/File 2011

GE’s new Current division warms up to Boston’s clean-tech community

Current aims to use high-tech solutions to help customers rein in their electric bills.

// Jobcase targets blue-collar workers left out of LinkedIn

The Cambridge company is trying to become the networking site for a large but overlooked segment of the labor market.

// Office building may replace South End garage

Developers filed preliminary plans to put a 216,000-square-foot office building on the site of a parking garage at 321 Harrison Ave.

App Smart

// An expanding universe of space apps

While becoming an astronaut is out of reach for most of us, there are plenty of apps that can take your mind on a journey to the final frontier.