GM joins line of companies announcing new jobs, investments in US

General Motors is planning to invest $1 billion in US factories and add thousands of new white-collar jobs.

Boston Ma- 01/07//2017 Massachusetts Governor Charlie Baker (cq) left and the MBTA acting General Manager Brian Shortsleeve (cq) right and other officials at the MBTA headquarters.The officials met to coordinate efforts for a weekend Winter storm hitting the region. Jonathan Wiggs /GlobeStaff) Reporter:Topic

Baker plan would penalize employers that don’t offer insurance

The governor plans to propose a fee of $2,000 per worker for companies that don’t offer health insurance.

Wahlburgers announced it plans to expand into Asia.

Wahlburgers lines up whopper of a deal to expand into Asia

The Wahlberg brothers are about to find out how well their last name is recognized in China.

Jessica Beeson Tocco, a political consultant at A10 Associates in Wakefield, looks over inauguration tickets at her home on January 16, 2017. Tocco is going to the inauguration and helping clients secure tickets. Mark Lorenz for The Boston Globe

Shirley Leung

Trump’s inauguration is not the hottest ticket in Boston

This being the Democratic stronghold of Massachusetts, it can be hard finding anyone of prominence who wants to attend the inauguration.

Latest Business headlines

“Everything is on the table” in sweeping review of state alcohol rules

Massachusetts is about to embark on its most extensive rethinking of alcohol regulation since the end of Prohibition.

Sales at Tiffany on 5th Avenue tumble after Trump’s election

Security barricades, protesters, and media in and around Trump Tower since the election has tarnished sales at the posh jeweler’s flagship.

N.E. economy still growing, though not as fast as the US

The short-term outlook for the six-state region as a whole predicted the strongest economic growth to occur in 2017 and 2018, followed by a period of declining growth.

Westborough-based SimpliVity bought by HP for $650 million

Data-center equipment firm was valued at $1 billion in 2015.

Massachusetts gets $12 million in national housing crisis-era settlement with Moody’s

Massachusetts will receive $12 million as part of a nationwide settlement between the US Department of Justice and Moody’s Investors Service Inc., over allegations that the credit-rating agency misled investors about the quality of some mortgage-backed securities in the run-up to the housing crisis.

Sponsored by Rockland Trust

As cars evolve, gas stations are falling behind

With more hybrid, electric, and possibly driverless cars hitting roads in coming years, gas stations are under pressure to adapt to the needs of the industry, but can they?

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// 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

A workshop on business writing will be offered on Wednesday.

Wednesday’s business agenda

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

Bank stocks pull market lower

The Dow had its third straight loss Tuesday.

21eversource - An Eversource bucket truck. (Eversource)

Healey wants to pull plug on Eversource’s proposed rate hike

Some customers’ monthly bills would go up by about 10 percent.

Airbnb says Boston missed out on millions in tax dollars last year

Airbnb says it collected $175 million in tax revenue for 220 towns and cities last year. Boston wasn’t one of them.

DraftKings backs state regulations it once opposed

The Boston daily fantasy company has embraced state consumer protection regulations, which limited its business but let it proceed legally amid questions about how its cash prizes fit into gambling laws.

In this 2012 photo, arancini balls are readied to be cooked in canola oil at the Whole Foods facility in Everett.

Whole Foods closing troubled Everett kitchen

The facility produced prepared foods for more than 70 Whole Foods stores across the northeast,

Tecfidera, a new pill for multiple sclerosis made by Biogen Idec, in an undated handout image. The Food and Drug Administration on March 27, 2013 approved Tecfidera, which is expected to become a blockbuster because of its combination of efficacy, relative safety and convenience. (Handout via The New York Times) -- NO SALES; FOR EDITORIAL USE ONLY WITH STORY SLUGGED MS-DRUG-SOFAS. ALL OTHER USE PROHIBITED.

Biogen to pay rival $1.25b to settle patent dispute

The settlement concerns an important ingredient used in Biogen’s top-selling multiple sclerosis drug.

A hexacopter drone is flown during a drone demonstration at a farm and winery on potential use for board members of the National Corn Growers, Thursday, June 11, 2015 in Cordova, Md. Routine commercial use of small drones got a green light from the Obama administration June 21, 2016, after years of struggling to write regulations that would both protect public safety and unleash the economic potential and societal benefits of the new technology. (AP Photo/Alex Brandon)

Drone software startup Neurala gets $14m

The Boston startup makes software that lets machines equipped with cameras interpret images and recognize objects, partially automating tasks.

Britain's Prime Minister Theresa May delivers a speech on leaving the European Union at Lancaster House in London, Tuesday, Jan. 17, 2017. (AP Photo/Kirsty Wigglesworth, pool)

British prime minister lays out clean break from EU

Britain won’t “hold on to bits of membership” nor seek associate or partial membership of the bloc, Theresa May said. bounds into Boston

Online pet products retailer opens local office, expects to hire 200 here.

Chinese President Xi Jinping delivered a speech during the first day of the World Economic Forum in Davos, Switzerland, Tuesday.

China’s president stakes out pro-trade turf

At the World Economic Forum in Davos, China’s president pushed back against anti-globalization criticism from Donald Trump and other Western populists.

In 2015, Tufts University students held a sit-in to pressure the administration to divest the school’s investments tied to fossil fuels.


Millennials drive growth in ‘impact investing’

As they begin to invest, millennials want to have a positive impact on the world.

Michael Mulhern stepped down as executive director of the MBTA pension fund last year.

MBTA retirement fund needs independent review, group says

The pension fund too easily dismissed concerns over its money management, a Boston think-tank said.

Apptopia executives Eliran Sapir (left) and Jonathan Kay. The monitors display crucial company data in real time.

Open for business: companies letting workers see it all

Organizations are increasingly opening their finances, e-mails, performance data, and employee salaries for all workers to see.

Turbine mobilizes to catch changing videogame market

The Needham company known for sprawling games such as Lord of the Rings Online is downsizing in more ways than one.

Tuesday’s business agenda

Info sessions, networking, and more notable events and things to know.

Local biotech stands out in down year for venture investment

Biotech and pharmaceutical industries’ continued their yearslong bull run in the Boston area in 2016.

Insurers press case for fix to hospital cost variations

Experts say rules are needed to narrow the gap in prices charged by hospitals for the same services.

Chinese workers watched the production line of pill capsules at a factory in Beijing.


Donald Trump’s targeting of overseas jobs alarms drug makers

Many pharmaceutical ingredients sold in the US are made abroad, and Trump has made it clear that he’s no fan of outsourcing production.

Lynette Carrier (left) and Debbie Williams shopped at Marden’s Surplus & Salvage Store in Scarborough, Maine.

That ugly sweater you returned? It might not go where you think

A growing number of companies are now using online auctions sites to help unload all those returns.

Hydrocodone, a painkiller.

A new initiative targets children of opioid addicts

A program is launching in Massachusetts specifically aimed at newborns, infants, and toddlers with opioid-addicted parents.

Former New York City Mayor Michael Bloomberg’s center at Cornell University on Roosevelt Isalnd could rival the Massachusetts Institute of Technology.

Mass. and N.Y.’s rivalry has extended to biotech

New York is a powerhouse in everything from sport to finance, and is now turning its attention to biotech.

Consumer Reports | Product Review

Compact washers, dryers come with trade-offs

You might imagine reduced size would translate into lower sticker prices. Not so here.

Akamai, led by chief executive Tom Leighton, just signed a 15-year lease for a new 486,000-square-foot headquarters to be built near its existing corporate office in Cambridge’s Kendall Square.

Five things you should know about Tom Leighton

His Akamai Technologies could make a run at the title of the Boston area’s biggest independent tech company.

Takata agrees to guilty plea, will pay $1B for hiding defect

Takata inflators can explode with too much force, spewing shrapnel into drivers and passengers. At least 11 people have been killed in the US and 16 worldwide because of the defect.

Job Doc

Manager can’t discriminate in hiring

It is illegal to make employment decisions, including hiring, based on the applicant or employee’s “protected class or characteristic.”

Consumer Alert

Coupons, franchises don’t always mix

Franchises are independent businesses allowed to make their own choices about marketing and whether to participate in promotions.

Kim Gainsboro (left), with Treasurer Deborah Goldberg, will leave her post next week to take a job in banking.

ABCC leader stepping down on eve of reform launch

Kim Gainsboro made the Alcoholic Beverages Control Commission more business-friendly, but also figured in several controversies.

Fidelity funds high on hot startups

A paper cowritten by Harvard Business School professor Josh Lerner says the mutual fund firm has been most active nationwide in so-called unicorn deals.

Allergan is one of three major companies that have said they will limit 2017 drug price increases to under 10 percent.

Mass. biotechs won’t commit to drug price cap

Three big drug companies not based here have pledged to hold increases to below 10 percent in 2017, but local companies have declined to make a similar pledge.

Students of for-profit ‘career school’ get $30m in debt relief

Officials said the American Career Institute peddled worthless degrees while raking in federal loans.

A federal grand jury in Detroit has indicted three former employees of Takata Corp., charging them with concealing deadly defects in the company’s automotive air bag inflators.

Takata agrees to guilty plea, will pay $1b for hiding air bag defect

The Japanese company will pay restitution for a years-long scheme to conceal a deadly defect in its automotive air bag inflators.

Google highlights image of ‘Fallout 4’ to represent Suffolk County

While Suffolk County isn’t terribly green in the winter, Google seems to think it’s positively apocalyptic.

Friday’s business agenda

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

Japan’s automotive safety product company Takata Corporation faces recall costs, compensation, and penalties.

Takata said nearing $1 billion settlement with US over airbags

The deal may be announced as soon as Friday and would include a fine as large as $1 billion and possible criminal charges, people with knowledge of the matter said.

Financial companies lead stocks lower

Banks led US stocks lower, wiping out much of the market’s gains a day earlier.

Officials from Deloitte were called to testify before the Massachusetts state Legislature in 2014 after technical failures on more than $100 million worth of contracts.

Deloitte again in cross fire, this time in R.I.

The state’s governor said she is withholding nearly $15 million in payments to Deloitte as the state reviews the vendor’s work .

The EPA says Fiat Chrysler used secret software that resulted in excess nitrogen oxides emissions from its diesel vehicles including 2014-2016 Jeep Grand Cherokees and Dodge Ram 1500 trucks.

EPA accuses Fiat Chrysler of secretly exceeding emissions standards

The Environmental Protection Agency on Thursday accused Fiat Chrysler of using secret software that allowed illegal excess emissions from at least 104,000 diesel vehicles.

Police barrier tape blocks two major streets in the financial district due to the threat of falling glass from the Trump International Hotel & Tower in Toronto, Canada March 7, 2014. REUTERS/Chris Helgren/File Photo

After years of problems, the Trump hotel in Toronto is put up for sale

The 65-story property in Toronto’s financial district is being offered at a minimum price of $225 million US dollars.

A prototype of the CannaKorp marijuana vaporizer.

Pot-vaporizer maker lands $4.1m investment

Another $4.1 million has been poured into CannaKorp, a startup developing marijuana vaporizers reminiscent of Keurig coffee machines.

FILE - JANUARY 12:, the world's largest online retailer, said it will add 100,000 full-time U.S. employees over the next 18 months. TRACY, CA - JANUARY 20: Boxes move along a conveyor belt at an Amazon fulfillment center on January 20, 2015 in Tracy, California. Amazon officially opened its new 1.2 million square foot fulfillment center in Tracy, California that employs more than 1,500 full time workers as well as 3,000 Kiva robots that can fetch merchandise for workers and are capable of lifting up to 750 pounds. Amazon is currently using 15,000 of the robots spread over 10 fulfillment centers across the country. (Photo by Justin Sullivan/Getty Images)

Amazon on the hunt for Boston offices

The tech and retail giant is looking to lease 100,000 to 200,000 square feet of office space in downtown Boston.

Tech Lab by Hiawatha Bray


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

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.

Innovation Economy by Scott Kirsner


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