Kraft’s bid for an urban soccer stadium hits another dead end

UMass officials broke off talks with the Kraft Group on building a soccer stadium near UMass Boston.

Shirley leung

It’s the witching hour for state’s $40b budget

Last spring lawmakers were spooked by a bigger-than-expected shortfall in tax collection. This year was supposed to be different. What gives?

New Balance has battled legions of counterfeit manufacturers who have duplicated its slanting “N” logo.

New Balance in China is rare win against piracy

A court in China has ordered five shoe manufacturers and sellers to pay the state $250,000 for using the US shoemaker’s signature slanting “N” logo.

In October 2016, a trench collapsed on Dartmouth Street in Boston, killing two workers.

On-the-job deaths hit 10-year high

Seventy workers died in Massachusetts in 2016, and Trump-era rollbacks could make jobs less safe.

Latest Business headlines

Takeda’s lung cancer drug OK’d for sale

The treatment was developed by Cambridge’s Ariad Pharmaceuticals Inc before it was sold to the Japanese drug giant.

FDA approves Radius drug for osteoporosis

Federal regulators Friday approved a new injection developed by a Waltham company to treat post-menopausal women who are at high risk for bone fractures.

Massachusetts economic growth lags nation in the first part of the year

The Massachusetts economy lost steam in the first three months of this year, lagging behind the nation as a whole, UMass reported.

Evan Horowitz | Quick Study

Oof, that’s a bad GDP number

US economic growth slowed to 0.7 percent in the first quarter.

Six places Bob Kraft has tried — and failed — to build a soccer stadium

This week’s setback at UMass Boston is just the latest in the quest to find a new home for the New England Revolution.

Sponsored by Rockland Trust Bank

Taking autism treatment above and beyond

The story of how one South Shore mom became a business owner and a life-changer.

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.

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

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//c.o0bg.com/rf/image_90x90/Boston/2011-2020/2016/03/22/BostonGlobe.com/Business/Images/video150-5896.png 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

President Donald Trump listened as Treasury Secretary Steve Mnuchin spoke at the Treasury Department in Washington.

The economy grew a meager 0.7 percent in Trump’s first quarter

A new report offers the first official estimates of economic growth under Trump and was released on his 99th day in office.

Friday’s business agenda

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

Workers staff an assembly line at TECMA, a cross-border plant in Ciudad Juarez, Mexico. Many US manufacturers say they depend on cross-border supply chains to build complex products in less expensive ways.

Trump’s gyrations on NAFTA cause a flurry of head-scratching

President Donald Trump campaigned on an “America First” trade policy of bracing clarity: Renegotiate or abandon NAFTA and crack down on China’s trade practices.

epa05931900 US President Donald J. Trump makes remarks before signing an Executive Order on Improving Accountability and Whistleblower Protection at the Department of Veterans Affairs in Washington, DC, USA 27 April 2017. EPA/Olivier Douliery / POOL

Evan Horowitz | Quick Study

We’re a typical family. What would Trump’s tax plan mean for us?

The president’s proposal is clear in how it would help the wealthy. For the rest of us, the picture is fuzzy.

Wegmans has recalled O'Brien Hash Browns because they

Wegmans hash browns recalled, may contain golf ball bits

A food company has recalled Wegmans branded frozen hash browns in six states because they may contain pieces of golf balls that were apparently harvested along with the potatoes.

Stocks inch higher, giving Nasdaq a record

Stocks fluttered up and down Thursday, then closed a hair above where they started.

More driverless cars coming to Mass. roads?

Three companies have approached the state about launching tests here.

Drones are coming to Hanover town hall

The town of Hanover plans to use a high-tech drone to assist with the brass tacks of municipal government.

Delta passenger said he was kicked off a plane for using the restroom

A Wisconsin man said he was removed from a Delta Air Lines flight because he had to get up from his seat to make an emergency restroom run.

Doctor dragged off United flight reaches settlement

A Kentucky doctor dragged off a United flight in Chicago has reached a settlement with the airline for an undisclosed amount.

Waltham, MA., 08/26/16, A wrap-around deck for outdoor dining. As Thermo Fisher Scientific prepares to move into a new corporate headquarters on a bluff overlooking Route 128 in Waltham, we look at the growth and challenges faced by the state's second most valuable public company. In the 10 years since it was formed through the merger of Thermo Electron and Fisher Scientific, it has grown its employment from 7,500 to 50,000 and its global sales from $9 billion to $17 billion. But its plan to enter the precision medicine market -- key to its future expansion -- faces formidable hurdles. Suzanne Kreiter\Globe staff

Seven large Mass. companies cited in study as paying little or no state taxes

Biogen, Raytheon, Staples, and Thermo Fisher are among those listed by the Institute on Taxation and Economic Policy.

United Airlines CEO Oscar Munoz.

United CEO says he ‘messed up’ with initial response to seating incident

Oscar Munoz, the CEO of United Continental Holdings Inc., initially defended his airline’s actions and criticized the passenger.

Brigham and Women’s offers buyouts to 1,600 workers

The hospital is being squeezed as payments from insurers and the government are flattening while costs grow.

Simon, a male Continental Giant rabbit, could have grown to a record-setting size.

‘Much-loved’ giant rabbit found dead after United flight to O’Hare

Simon, a male Continental Giant rabbit, could have grown to a record-setting size.

(FILES) Picture taken in Princeton in 1931 of German-born Swiss-US physicist Albert Einstein (1879-1955), author of theory of relativity, awarded the Nobel Prize for Physics in 1921, playing the violin. Germany, the birthplace of Albert Einstein, launches 19 January 2005 a year of international celebrations to mark the 100th anniversary of three of the physicist's four papers that changed the way we view the Universe. AFP PHOTO/FILES (Photo credit should read -/AFP/Getty Images) Published in NYTimes 03/01/05 SCIENCE SECTION Published caption: A Century of Einstein: 1931. Library Tag 03152005 Health/Science

You think you are a good multitasker? Check out these folks

Polymaths are not jacks of all trades; they are just masters of more than one.

(credit: OffGridBox ) for 30kirsner ---- info from source--- Off Grid Box is a modular and compact unit that provides renewable energy and treated water in off-the-grid areas. We saw that one unit, potentially managed by a local women co-op in a Rwandese village, can impact up to 232 families (circa 1000 people) providing Tier 1 electricity and sterilized water with a 12c$/day per family fee on a PAYG basis. (district name is bugesera and the name of the village is correct Bisenga.)

INNOVATION ECONOMY

Fourteen local startups that could make life better

These local entrepreneurs are working on everything from wearable cooling devices to same-day delivery for small businesses.

13leftturn - Hardware and software is used to prevent self driving cars from getting into accidents. (TED Talks)

Teaching a driverless car one of the hardest maneuvers on the road

A driverless car has to read human psychology and subtle signals from other drivers and pedestrians to make left turns.

President Donald Trump.

Evan Horowitz | Quick Study

Who wins and loses under Trump’s tax plan?

The biggest benefits would go to businesses, which would see the top corporate drop by more than half.

Twitter shares rose nearly 8 percent Wednesday on news that the service added users and revenue fell less than expected.

Twitter’s business shrinks, but investors see a glimmer of hope

On Wednesday, Twitter reported its first fall in revenue since its initial public offering in 2013, posting sales of $548 million in the first quarter.

Stock indexes wobble as Trump unveils tax plan

Stock indexes wobbled between modest gains and losses Wednesday, as the White House unveiled broad outlines of its plan to slash tax rates but left many of the details to be determined.

House launches Dodd Frank battle

Rep. Jeb Hensarling on Wednesday launched what is expected to be a protracted fight over easing banking regulations by pointing to who hasn’t been supporting his effort: big Wall Street banks.

FCC chairman Ajit Pai intends to undo Obama-era Net neutrality regulations.

hiawatha bray | tech lab

Trump’s FCC can save the Internet — by doing nothing

It’s up to the Trump administration to save the Net neutrality activists from themselves.

DAY 6 - In this Jan. 25, 2017, file photo, President Donald Trump takes the cap off a pen before signing executive order for immigration actions to build border wall during a visit to the Homeland Security Department in Washington. (AP Photo/Pablo Martinez Monsivais, File)

Trump considers order that would start process of withdrawing from NAFTA

President Trump has not made a final decision, but if he were to sign the executive action notifying the two nations, it would begin a six-month process to begin withdrawal.

Long inspired by Justice Brandeis, he ends up at Brandeis University

Former banker and UMass Boston official Ira Jackson is Brandeis University’s new senior vice president for communications.

Cambridge, MA 041514 George A. Scangos PH.D. (Cq) CEO of BIOGEN IDEC photographed at the company's Cambridge, MA headquarters on April 15, 2014. (Essdras M Suarez/ Globe Staff)/ MAG

Biogen’s former CEO left as a very wealthy man

George Scangos, who stepped down in early January, got $17.7 million, plus a $7.2 million severance payment, and stock options valued at $25.7 million.

Thursday’s business agenda

Economic data, workshops, and more notable events and things to know.

The Baker Library at the Harvard Business School on the campus of Harvard University in Cambridge, Mass., Tuesday, March 7, 2017. (AP Photo/Charles Krupa)

Three startups take home $75,000 apiece in Harvard competition

Veho, an app that allows anyone with a car to deliver packages, was among the top winners.

McDonald’s new dark gray uniforms prompt sci-fi comparisons

McDonald’s new uniforms are prompting some teasing online, with comments saying the gray-toned shirts and aprons make employees look like they’re part of totalitarian regimes.

House resting on money

CONSUMER ALERT

Think twice before refinancing a home to pay student loan debt

New Fannie Mae program might not be a wise option for some borrowers.

Millennium Partners wants to tear down the old Winthrop Square garage (at right) and replace it with a $153 million skyscraper.

Boston councilors back Winthrop Sq. skyscraper proposal

Council members voted 10-3 to rewrite 25-year-old laws restricting shadows on two historic parks.

Psychic Kelle Sutliff (left) held hands with a client during a reading at her Billerica office.

ON THE JOB

This businesswoman is building her ‘psychic portfolio’

Medium Kelle Sutliff says the days of just reading tea leaves are over.

Twitter’s revenue drops despite the Trump effect

Twitter still faces stagnant user growth, has never made a profit, and even reported a quarterly revenue decline Wednesday.

President Trump is scheduled to detail his tax reform plan Wednesday.

Evan Horowitz | quick study

President Trump’s tax plan is ambitious, and high-priced

The middle class doesn’t stand to gain much from a reform strategy that would add trillions to the nation’s debt.

The “Fearless Girl” statue will be allowed to remain on display near the “Charging Bull” statue through February 2018.

‘Fearless Girl’ sponsor reports higher first quarter earnings

“We’re delighted by the response to Fearless Girl,” State Street chief executive Jay Hooley said in a statement.

The lawsuits come after last week’s ouster of Fox News host Bill O’Reilly.

Fox News facing racial bias claims from current, former employees

It’s the latest issue to face the news network, which has seen the ouster of Bill O’Reilly and Roger Ailes within the past year.

WASHINGTON, D.C. - APRIL 25: (AFP-OUT) US President Donald Trump speaks before signing the Executive Order Promoting Agriculture and Rural Prosperity in America during a roundtable with farmers in the Roosevelt Room of the White House on April 25, 2017 in Washington, DC. (Photo by Olivier Douliery-Pool/Getty Images)

Trump’s tax-cut plan would give favorable rate to businesses large and small

President Trump plans to unveil a blueprint Wednesday that would apply a vastly reduced, 15 percent business tax rate to a wide range of companies.

While all of Wells Fargo’s board members were reelected, some were returned by very thin margins.

Wells Fargo shareholders tepidly reelect bank’s directors

Despite the turmoil that has engulfed Wells Fargo in the past year, shareholders voted on Tuesday to reelect all of the bank’s 15 directors.

Canadian leader responds to lumber tariffs imposed by the US

Prime Minister Justin Trudeau, leader of Canada’s Liberal Party, said the two countries are economically interconnected, but it’s not a one-way relationship.

Even though fake news made up only a tiny fraction of its search results, the issue still was serious enough to place Google’s reputation at risk.

Google targets ‘fake news,’ offensive search suggestions

Google has sprinkled some new ingredients into its search engine in an effort to prevent bogus information and offensive suggestions from souring its results.

Shirley Leung

Shadow debate shows how desperate Boston is for money

The City Council takes up Shadowgate on Wednesday and will likely vote on whether to change the laws to accommodate a tower on Winthrop Square.

Nasdaq hits 6,000 as strong profits push stocks higher

Profits are climbing for companies, and so are their stock prices.

Tech Lab by Hiawatha Bray

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Bray writes about technology for the Business section. His Tech Lab column appears on Thursdays.

Shirley Leung

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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

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Kirsner’s Innovation Economy column appears in the Boston Sunday Globe, and he contributes to the Globe’s Beta Boston website.