Latest business headlines

The latest business news from the region and nation.

Reports detail sexual misconduct allegations against film, restaurant executives

Two prominent executives — one in the movie industry, the other in the restaurant business — are the latest to face allegations of sexual misconduct.

Tech giants paying huge salaries for scarce AI talent

Nearly all big tech companies have an artificial intelligence project, and they are willing to pay experts millions of dollars to help get it done.


Your ailments may drive what drug ads you get

Big Pharma says it can target its marketing without violating privacy laws.

Thinking outside the mold, with 3-D printers that make objects of steel

A new generation of 3-D printers are designed to make products as tough as steel — for less money

Fox renewed O’Reilly contract despite harassment allegations

The company says it knew a news analyst planned to file a sexual harassment lawsuit against Bill O’Reilly when it renewed the popular personality’s contract.

Fidelity said to examine whether culture of fund unit is hostile to women

The Boston fund giant has hired a consulting firm to examine its stock-picking division after recently firing two senior employees.

Shirley Leung

A lesson hard for Boston to buy: We’re good

It almost doesn’t matter if Amazon picks Boston for its next headquarters. We’ve already won.

Here are Amazon bid videos from other cities

As part of their pitches to Amazon for their $5 billion second headquarters, a number of cities are boasting of their charms in slick videos.


Is required listing of drug side effects backfiring on FDA?

These well-intended laundry lists actually have the opposite of their intended effect.

In the Amazon race, then there were eight

These cities, including Boston, stand the best chance of landing Amazon’s HQ2.

A look at some of the top contenders for Amazon’s second headquarters

Here are seven of Boston’s top competitors.


For today’s professionals, LinkedIn a smart, valuable way to woo interest

If your concern about social media is in relation to your professional life, LinkedIn is the place to invest your time and energy.


The Grommet isn’t surrendering to Amazon 

With backing from Ace Hardware, the Somerville e-commerce site looks to reach more consumers.


Can Facebook or Google be regulated?

Washington takes on tricky task of bringing Internet giants to heel.

Bitcoin breaches $6,000 as bulls refuse to blink at regulation

Twitter users are speculating that the rise could be driven by everything from a cash shortage in Zimbabwe to an increase in margin trading.

Another rape allegation emerges against Weinstein

Harvey Weinstein is now facing criminal inquiries in three cities after the report of an rape in Los Angeles.

Somerville’s Amazon bid emphasizes proximity to universities, urban core

The city’s bid strings together key development properties along either the Orange Line or the planned Green Line extension.

Megyn Kelly tries dancing for ratings as her ‘Today’ show continues to falter

On Thursday, Hoda Kotb appeared as a guest. They chatted. They danced. But critics hated the moment.

GE slashes outlook as profits weaken

A quarterly earnings report from the 125-year-old industrial giant shows that the path back to sustained growth could be really rough.


Why buying 20 boxes of pasta can be a smart financial strategy

Taking advantage of deals to their fullest is key to a personal savings plan.

Five things you should know about Boston’s Amazon bid

You might not have time to read all 218 pages of the bid that Boston submitted to land Amazon’s second headquarters. So here’s a rundown of some of the key points.

Los Angeles police investigating Weinstein for alleged 2013 rape

Los Angeles Police Department investigating Weinstein for alleged 2013 sexual assault

Boston submits its bid for Amazon, aiming for 50,000 jobs and a transformation

Boston’s 218-page pitch leans hard on the region’s intellectual firepower and offers up Suffolk Downs as a site whose ease of development outweighs its distance from the heart of the city.

Shirley Leung

For Amazon, is Suffolk Downs the right fit?

The mayor made the soon-to-be shuttered horse track that straddles East Boston and Revere the prime location for Amazon’s second corporate headquarters in Boston’s pitch to the online giant.

Wooing Amazon with sun, fun . . . and giant buttons

Mayors from Toledo to Tulsa are so eager to woo Amazon’s much-vaunted second headquarters that they’ve been brandishing bourbon, selling the sun, whispering sweet nothings to the company and even pushing its buttons.

Boston’s Amazon bid relies in part on nonexistent transit options

The city’s pitch to bring Amazon’s second headquarters to Suffolk Downs relies in part on transit projects that are not even in the pipeline.

In East Boston, Amazon bid stirs anxiety as well as excitement

As Boston and Revere bid to bring Amazon to Suffolk Downs, there’s a sense of excitement — but also worry about gentrification and congestion.

Friday’s business agenda

Social innovation summit, entrepreneur meetup, and other notable events and things to know.

Bipartisan group of former regulators rip Perry’s push to help coal plants

Eight former members of the Federal Energy Regulatory Commission have filed a letter opposing the energy secretary’s proposal that would give coal and nuclear plants a better chance of beating solar, wind, and natural gas competitors.

6 in 10 doctors report abusive remarks from patients

Many get little help coping with ugly incidents and nearly half of those surveyed experienced patients citing a personal characteristic of the doctor as their reason for requesting a clinician change.

Last-minute gain lifts S&P 500, Dow to new highs

A last-minute surge nudged US stock indexes mostly higher Thursday, extending the market’s milestone-setting run.

TelexFree courier pleads to money laundering in mattress stash

Cleber Rene Rizerio Rocha, 28, pleaded guilty to one count of conspiring to commit money laundering and one count of money laundering.


Before robots rise, they have to master the stairs

Despite technological advances, machines still don’t have all the right moves.

Watertown-based athenahealth laying off about 500 employees

The company said the job reductions would amount to 9 percent of its workforce, but it did not say how many of the cuts would come from Watertown.


His tours of Africa feature plenty of rhinos and wine

Duxbury’s Darren Humphreys has built a niche business in “vinitourism.”

State Health Connector, reacting to Trump’s move to cut subsidies, sharply raises 2018 rates

Before President Trump’s announcement last week, the increase had been set at about 8.7 percent. Now, it will be rising 24 percent next year.

Google parent leads $1 billion investment in Lyft

The investment arm of Alphabet Inc. led a $1 billion investment in Lyft Inc. that values it at $11 billion, the ride-sharing startup said Thursday.

FDA backs gene therapy for cancer

The Food and Drug Administration on Wednesday approved the second in a radically new class of treatments that genetically reboot a patient’s own immune cells to kill cancer.

NorthPoint site gets a new name

DivcoWest is readying several construction sites for its 45-acre property on the borders of Cambridge, Boston, and Somerville and is also giving the project a new name.

Talking Points

An out-of-state education at an in-state cost? Try UMaine

UMaine officials launched an ambitious effort three years ago to draw kids north to Orono.

Thursday’s business agenda.

Social impact panel, networking opportunities, and other notable events and things to know.

Will Amazon headquarters competition set off a bidding war among communities?

Eye-popping incentives by some communities that are trying to woo Amazon could force Boston to sweeten its offer.

GE’s ex-CEO reportedly had an empty jet fly behind him — just in case he needed it

When Jeff Immelt had to fly, he sometimes had an empty private jet follow him — just in case the plane he rode on had mechanical issues, The Wall Street Journal reported.

Natick software firm donates $10m to Museum of Science

MathWorks will donate $10 million to the museum, the largest corporate gift in the institution’s two-century history.

Some of biggest oil rigs being junked as daily losses mount

Transocean Ltd. is finally sending Pathfinder to its grave, after two years in a Caribbean purgatory that cost about $15,000 a day.

Walsh says Amazon bid will focus on East Boston

As Boston put the finishing touches on its bid for Amazon’s second headquarters, Mayor Martin Walsh confirmed what everyone knew: the city’s preferred site is Suffolk Downs.

Dow closes above 23,000 for first time

A day of modest gains on Wall Street resulted in more milestones for US stocks Wednesday.

Walmart employees will deliver groceries to your car

Retailer debuts free pickup service at Avon, Plymouth, and Rochester, NH, stores.

Insurer Anthem, with CVS, will run its own drug-benefits plan

The move is another shake-up in the pharmacy benefits manager industry, and deals a blow to Express Scripts.

Samsung under scrutiny again as South Korean police raid offices

Barely two months after its crown prince was sent to prison on corruption charges, the family that controls Samsung’s vast business empire is again facing allegations of white-collar crime.