Lawmaker wants a library branch in the Seaport

WS Development, owner of the 12.5-acre site, last week proposed adding three theaters.

The Rev. Martin Luther King Jr. greeted a supporters in April 1965 during a match to on Boston Common. A memorial to the civil rights icon, who attended Boston University, could be placed on the Common or elsewhere in the city.

Mayor backs new plan to build MLK memorial in Boston

A Boston CEO is working to raise more than $5 million to pull off what politicians have been unable to do.

The Benny's store in Plymouth, along with the rest of the 31-store chain, is closing.

4,500 signatures (and counting) in support of Amazon buying Benny’s

Fans of the iconic New England chain see a possible savior in Amazon — the very company that Benny’s is losing out to.

Harvard has been struggling to right its $37.1 billion endowment.

Harvard’s endowment posts 8.1 percent return, lagging behind peers

The university’s endowment, which funds 36 percent of the university’s operations, continues to face problems, the latest results show.

Latest Business headlines

Walsh proposes ‘landmark’ park space along waterfront

Mayor Martin Walsh unveiled the plans, but didn’t detail how the park would be paid for or where it would be located.

Alnylam’s rare disease drug shines in trial, paving way for a brand-new class of medicines

Alnylam Pharmaceuticals announced positive results Wednesday from a closely watched trial of a drug designed to treat a rare nerve disorder.

Mayor Walsh: We will hold climate summit here after all

Mayor Martin J. Walsh has decided to hold a climate summit in Boston after all despite reluctance on the part of the Trump administration to pull one together this year.

Stocks’ slight gains again break records

Wall Street capped a day of mostly listless trading Tuesday with a slight gain.


$500,000 Lemelson-MIT Prize goes to a bioengineer

Feng Zhang is a key developer of CRISPR genome-editing technology.

Sponsored by Rockland Trust

Five low-tech ways to protect your business from cyber fraud

When protecting your data, you can never be too careful. Learn the strategies that will keep hackers out.

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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More Business headlines

Toys R Us joins bankruptcy list as Amazon exerts influence

Analysts say the toy chain needs to improve its online services and offering special experiences in the stores.

Boston, MA -- 9/19/2017 - A man takes a picture of Steve Tolman, President MA AFL-CIO as he speaks during a press conference held to support slowly increasing the state's minimum wage to $15/hour. (Jessica Rinaldi/Globe Staff) Topic: 20minimumwagepic Reporter:

Supporters of higher minimum wage urge lawmakers to enact hike

Bills in the House and Senate would increase Massachusetts’ minimum wage by $1 a year over the course of four years.


Startup panels, networking, and other notable things to know.

The key senators behind this last-ditch effort to repeal Obamacare are Lindsay Graham (right) and Bill Cassidy.

Evan Horowitz | Quick Study

The GOP’s latest Obamacare repeal bill could devastate Mass.

The Cassidy-Graham proposal would sharply reduce the funding Massachusetts uses for Medicaid.

Employees worked in Threat Stack’s Boston offices in September 2016.

Threat Stack boosts funding with $45 million round

Cyber security firm backed by Fidelity affiliate.

Cambridge biotech Disarm raises $30m for drug to slow ALS, other degenerative diseases

The treatment would work to slow or halt the progression of degenerative diseases that affect the nervous system, from ALS to glaucoma.

Toys R Us Inc. filed for Chapter 11 bankruptcy on Monday.

Toys R Us joins bankruptcy list as Amazon exerts influence

Analysts say the toy chain needs to improve its online services and offer special experiences in the stores.

Brent Saunders sees a deal with the Mohawk tribe as in line with his “social contract.”


This CEO promised fair drug pricing, but his latest move is raising anger (and eyebrows)

Allergan’s Brent Saunders made a creative deal to protect patents on a lucrative drug. It’s calling into question his `social contract’ with consumers.

Image of a planned Brothers Market by Roche Bros. in Waltham.

Waltham is getting a (smaller) Roche Bros.

The Wellesley chain is planning a scaled-down version of its regular supermarkets.

CEO Katie Rae sees a recognition that the venture capital world must find better ways to evaluate new technologies.

MIT’s new investing Engine raises $200 million

The program, launched in 2016, provides startup founders with money, technical expertise, and access to specialized equipment.

Former Fox News contributor Scottie Nell Hughes claims in a lawsuit that she was raped by longtime anchor Charles Payne. Above, the Fox News studios building in Manhattan.

Former Fox News contributor says rape allegation blacklisted her

Scottie Nell Hughes claims she was raped by Fox Business Channel anchor Charles Payne.

Two people familiar with the case say the Google Shopping site is being offered in a bid to appease European Union regulators.

Google said to offer shopping space to rivals

It’s a bid to appease European Union regulators and avoid further antitrust fines, according to two people with knowledge of the case.

The Toys “R” Us store in New York’s Times Square in 2015.

Toys ‘R’ Us is said to file for bankruptcy as soon as today

The Chapter 11 reorganization of America’s largest toy chain would deal another blow to brick-and-mortar retail.

Equifax Inc. learned about a major breach of its computer systems in March — almost five months before the date it has publicly disclosed, according to three people familiar with the situation.

Equifax executives’ stock sales said to be focus of criminal probe

Equifax learned about a major breach of its systems in March — five months before the date it has publicly disclosed, according to three people.

Meg O’Leary is leaving the PR firm InkHouse to join a Brooklyn-based startup.


Meg O’Leary cashes out of PR firm to rejoin startup life

O’Leary helped build InkHouse from a small business into one of the region’s biggest PR firms within a decade.

Andrew helped insurers avoid devastating losses from Harvey, Irma

The severity of Andrew, amounting to $25 billion in losses in 2017 dollars, bankrupted 11 insurers.

Martin Luther King Jr. addressed a crowd in 1963. Many Americans mistakenly believe civil rights progress has led to racial economic equality, a Yale professor suggested.

White people are really confident that things are getting better for black people

Americans, especially wealthy whites, vastly overestimate progress toward racial economic equality, according to a new paper by Yale University researchers.

Northrop Grumman to buy Orbital ATK for $7.8b

The military contractor Northrop Grumman is buying Orbital amid a rise in consolidation in the aerospace industry.


For Sage Therapeutics, the stakes couldn’t be higher in latest drug study

The Cambridge biotech’s product failed as an epilepsy treatment but may have a future as a drug for postpartum depression.

Tuesday’s business agenda.

Entrepreneurship panel, agency talks, and other notable events and things to know.


Millennials are foodies but don’t have pans to prove it, company says

Twentysomething foodies may obsess over their food, but they are generally clueless about cookware, says Made In, a new company that targets millennials.

What’s up this week in career-enhancing, learning, and networking

A weekly roundup of events.

John Maraganore, CEO of Alnylam Pharmaceuticals, faces a crucial moment for his company.


Judgment day nears for Alnylam and a new technology

Soon-to-be released clinicial trial data will reveal much about the Cambridge biotech’s future — as well as RNAi drug development.

Counterculture magazine Rolling Stone to be sold

Jann Wenner started the magazine that would become the counterculture bible for baby boomers in the 1960s.

Alisa Erkes, 28, of Smyrna, Ga., gave up her fight to get a safer painkiller.

Amid opioid crisis, insurers restrict less-addictive but pricier painkillers

Many insurers provide comparatively easy access to generic opioid medications.

Hurricane Irma pulled this house in Vilano Beach, Fla., off a ridge near the ocean — part of the storm’s $50 billion in damage in the state, where proximity to the sea is a big draw.

Post-Irma, Harvard expert urges Florida to rethink economy

Florida’s economy has long thrived on one import above all: people.

Kathie Florsheim very much wanted to keep her Canon printer cartridge out of a landfill but not at the expense of her privacy.

Sean P. Murphy | The Fine Print

Should you have to give up privacy to recycle a printer cartridge?

What Kathie Florsheim learned on Canon’s website stopped her in her tracks.

A Weedmaps billboard on Meridian Street in East Boston.

California marijuana services firm sets up shop in Boston, joins Chamber of Commerce

Weedmaps is the first marijuana-related company to join the Boston-area’s chamber of commerce.

Top row (from left): Heather Campisano, Sherry Lewis DaPonte, Patricia A. Foley, Joseph L. Hooley. Middle row (from left): Kerry Jordan, Martin Kain, Deborah Pullen, Sergeant Gino Provenzano. Bottom row (from left): Maria Santos, Barry Stafford, Henry Vitale.

11 Boston public servants celebrated as ‘unsung heroes’ of community

The annual Henry L. Shattuck Awards recognize unsung leadership and commitment to improving Boston.

Suffolk  Downs.

Boston thinks Suffolk Downs is the key to landing Amazon

Suffolk Downs is emerging as a leading site among city officials as they put together a bid for’s second headquarters.

Screen captures of TV ads for (top, left to right) Lyrica, Eliquis, Xeljanz, Humira, Harvoni, Viagra, Humira, and Latuda.


Do Americans really watch 16 hours of pharma ads a year?

Can that number possibly be correct? To check, we did the math on the back of the proverbial napkin.


Equifax data breach could have a silver lining

Congress needs to pass legislation allowing consumers to temporarily freeze and unfreeze their own credit files at no charge.

Why companies aren’t in a hurry to fill job openings

Companies say they want to hire. So why aren’t they doing it?

The building housing dozens of businesses, including Black Ink gift shop and Cardullo’s Gourmet Shoppe, are for sale by a family trust.

Harvard Square properties could fetch more than $100 million

A week after the listing for the Brattle Street properties hit the market, more than 100 notices of interest from would-be buyers have come in, brokerage says.

SoFi board says CEO is out immediately amid sexual harassment scandal

SoFi was sued last month by a former employee who argued that sexual misconduct at the company had created a toxic work environment and that he had been fired for reporting sexual harassment to managers.

Fearing anti-semitic speech, Facebook limits audience targeting

Facebook has said it will restrict how advertisers target their audiences on the social network after a report said some were able to seek out self-described “Jew haters.”

Equifax disclosed last week that hackers accessed or stole 143 million Americans’ Social Security numbers, birthdates, and other information.

Key Equifax executives departing after huge data breach

Equifax says its chief information officer and chief security officer are leaving the company.

Boston has more than enough to attract Amazon without extra financial incentives.


Dear Amazon, here’s our offer: not one dime

Boston has a lot else to offer, and money shouldn’t matter anyway.

Tracy Palandjian.


Five things you should know about Tracy Palandjian

Palandjian, chief executive at Social Finance Inc., said she was an accidental entrepreneur.

McCall Barrick is a nurse practitioner at the Emerson Center for Weight Loss in Concord.


After patients’ weight loss surgery, her work really begins

McCall Barrick helps people before, during and — especially — after a bariatric procedure.

“Our job is to get Amazon excited about Massachusetts,” said Jay Ash, chairman of MassDevelopment’s board.

State agency sets aside $200,000 to help chase Amazon

The Baker administration is getting serious about the quest for the massive company’s second headquarters.

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.