Latest business headlines

The latest business news from the region and nation.

Uber suspends its driverless car program after Arizona crash

Uber said one of its driverless SUVs was struck by another vehicle, knocking the autonomous vehicle onto its side. No one was injured.

MassHealth can breathe a sigh of relief — for now

The failure of House Republicans to approve new health care legislation was met with relief in the commonwealth.

How to head off a household disaster

For homeowners, it makes sense to tackle minor household headaches before they become migraines.

America needs to keep the ‘care’ in health care

Should we abandon the children of parents who make bad decisions? Some readers say yes.

Boston officials push to allocate less parking for new apartment buildings

The effort is prompting pushback in parts of the city where the free parking space has long been held sacred.

Less parking in the suburbs? Some communities head in that direction

An increasing number of communities dotting Boston’s inner ring have taken steps to revisit parking requirements in certain areas.


Severance pay may not keep you from collecting unemployment compensation right away

In Mass., an employee who signs a release of claims is able to file for unemployment upon separation.

Five things you should know about Michael Latulippe

The longtime medical marijuana advocate stands at the center of Massachusetts’ pot scene.

Chinese company building new MBTA trains keeps on rolling

China Railroad Rolling Stock Corp. has used the contract — and its new Springfield factory — to add contracts in Philly and LA.

Partners, GE step up to fight opioid epidemic

State officials spend millions of dollars each year to combat the opioid epidemic. Now, the private sector is stepping up, led by big players such as Partners HealthCare and General Electric.

Mnuchin says administration tax plan coming soon

The treasury secretary said the goal is to get a program approved by Congress by August.

World markets mixed as US health care bill vote looms

Investors are awaiting a vote in the US Congress on health care legislation that is seen as a bellwether President Donald Trump’s ability to deliver.

Mindich to unwind $7 billion Eton Park after 13 years

Eric Mindich, a one-time Goldman Sachs star trader who jumped into the hedge fund industry during its heyday, is throwing in the towel on his $7 billion firm.

State lawmaker takes another crack at taxing nonprofits

A proposed law would require Mass. nonprofits to pay property taxes if their five highest-paid employees collectively make more than $2.5 million per year.

The Senate just voted to undo landmark rules covering your Internet privacy

The FCC’s rules are being debated as Internet providers — no longer satisfied with simply offering Web access — race to become online advertising giants as large as Google and Facebook.

Baker administration floats alternative to health care levy

The new proposal would increase an existing assessment, called the Employer Medical Assistance Contribution, which applies to employers with six or more workers

Friday’s business agenda

Symposiums, classes, and more notable events and things to know.

Trump SEC pick says he has no ‘specific’ Dodd-Frank gut plan

Wall Street lawyer Jay Clayton also told the Senate Banking Committee his work for financial firms would be a strength should he win confirmation to run Wall Street’s top regulator.

Talking Points

Flexion stock soars on report of Sanofi takeover

Seven stories you may have missed Thursday from the world of business.

Stock rally sputters after vote on health bill is delayed

Elsewhere, a growing boycott of YouTube advertising hurt Alphabet, Google’s parent company.

Why a lack of education raises death risk for some Americans

Middle-age white Americans with limited education are increasingly dying younger, on average, than other middle-age US adults.

Disney CEO Bob Iger gets contract extension to July 2019

Disney CEO Bob Iger isThere’s no obvious successor at Disney since Iger’s heir apparent, chief operating officer Tom Staggs, left last year. getting a one-year contract extension.

Western Mass. power plant operators to pay millions for lying about emissions

The companies will pay more than $7 million in fines and other payments.


If you need a sextant fixed, this is the man to do it

Ridge White carries on a family tradition by specializing in `yestertech’ nautical instruments.

EMD Serono wins approval for drug to treat rare form of skin cancer

It’s the first cancer treatment from the Rockland arm of Germany’s Merck KGaA.


Amazon is planning its next assault on retail right here in Massachusetts

The online retailer has assembled a team in Hudson that is working on the technology to run the new Amazon Go stores.

Santander to boost auto loan controls

The bank’s subprime auto-lending unit continues to fall short of state and federal consumer protection laws, the Federal Reserve said.

Burlington biotech Flexion could be sold to Sanofi

Company’s stock price skyrockets on a report that it’s negotiating with the French drug maker.

Unemployment rate ticks up to 3.4 percent in Mass.

Massachusetts employers added 10,100 jobs in February, with the largest gains coming in the state’s stalwart industries.

Thursday’s business agenda

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

Beth Israel, Lahey CEOs say merger will help contain health care costs

The hospitals’ CEOs indicated they would press on with the deal regardless of impending policy changes that could disrupt the health care industry.


For labor leader Flynn, a new job and an audience with Trump

It took a Republican president’s arrival to bring Tom Flynn to the White House.

SJC decision on EMC lawsuit could have broad implications for Mass. boards

Board members for Massachusetts public companies can breathe a little easier today — and they have, to some extent, former EMC chief executive Joe Tucci to thank.

Uber’s ban on app tips at odds with states barring cash gratuities

Uber thinks that tipping is a relic of the past and wants the idea to wither away.

hiawatha bray | tech lab

Hollywood puts its spin on censorship

California has passed a law that prohibits the popular movie website IMDb from publishing the ages of actors.

Boston cabbies vent Uber frustrations at hackney boss

Members of Boston’s struggling taxi industry swarmed a meeting called by Boston police Wednesday.

‘Turkish Trump,’ a hotel plan and a tangle of foreign ties

Alterra Worldwide, the real estate firm that would own the hotel and be partners with the Trumps, has business ties in Russia, Kazakhstan and at least two dozen other countries.

Faulkner Hospital workers vote to join union

The move affects about 500 people in administrative, housekeeping, food service, and medical interpreter jobs at the Partners HealthCare-owned hospital.

Sears plummets after filing sparks concern that end is near

Sears’s forewarning comes after more optimistic signs from the company, which has been working on a turnaround under chief executive Eddie Lampert.


Science march on Washington plagued by organizational turmoil

Plans for the march are hindered by infighting among organizers and attacks from outside scientists who don’t feel their interests are fairly represented.

Operator of Western Mass. broadband network files for bankruptcy

MassBroadband 123 provides high-speed fiber optic service to 124 communities in Western Massachusetts, and was built with $90 million in state and federal grants.

Chipotle tries to rebuild trust with parents after safety crisis

Chipotle Mexican Grill is looking for families to help it recover from a food-safety crisis that tarnished its carefully crafted image.


College financial aid packages usually aren’t gifts

There’s a lot more to those offer letters than the net cost.

Sears has ‘substantial doubt’ it can keep doors open

Sears said late Tuesday that it lost more than $2 billion last year

Newton country club reaches $120,000 settlement over tips

A 22 percent service charge on restaurant bills should have gone to the waitstaff, lawsuit said.

EF Education First gets $6 million tax credit as its launches another expansion in Cambridge

E-commerce company Wayfair is also getting $1.15 million to subsidize an expansion.

Sperm count via smartphone? Yes, it’s a thing.

A new, smartphone-based test can assess male fertility just as easily as a pregnancy test.

Former TelexFree executive gets six years for his role in $3 billion scam

“I’m sorry for this whole disaster,” James Merrill told victims in Worcester courtroom.

Boston Medical Center picks ex-Obama drug czar to run opioid center

Michael Botticelli, a former director of national drug control policy, will lead Boston Medical Center’s Grayken Center for Addiction Medicine.

GE agrees to link bonuses to profitability of its industrial division

Executive bonuses will be tied to performance after an activist shareholder put pressure on General Electric’s board.