Venezuela’s massive currency devaluation adds to chaos in the country

President Nicolas Maduro’s move will test the capacity of an already beleaguered population to stomach even more pain.

US says conserving oil is no longer an economic imperative

The Trump administration’s new policy statement threatens to undermine decades of government campaigns for gas-thrifty cars and other conservation programs.


A debt-free college degree? It’s possible

Smart spending, smart saving, and smart choices can make it happen.

A serial entrepreneur, Bobbie Carlton’s latest venture is Innovation Woman, an online database of female speakers.


She’s helped launch thousands of products

Bobbie Carlton has been called the den mother of start-ups, and the fairy godmother of entrepreneurs.

Latest Business headlines

Business agenda

Career advice, networking, and other events and things to know.

Beth Israel, Lahey officials forcefully dispute state report that predicted merger would raise costs

Hospital leaders, in a filing released Monday, criticized the state Health Policy Commission’s economic analysis and said it produced “extremely misleading and inflammatory estimates.”

Pepsi will buy SodaStream in a $3.2 billion deal

PepsiCo Inc. gains the technology for making soft drinks at home amid rising concern about plastic waste.

The week ahead in business

__ and other events and things to know.

Elon Musk says cutting back on work hours isn’t an option

Arianna Huffington is calling on Elon Musk to adopt a healthier work-life balance, but the Tesla CEO says that’s not an option.

Sponsored by Rockland Trust Bank

Flipping Wahlburgers across the country

Famous family's burger chain success is more comfort food basics than Hollywood sizzle.

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// 51 bright ideas and breakthroughs for 2017

In a revolutionary place like Boston, innovators and innovations are as common as bad drivers. See who made our annual list.


// Prominent Dartmouth researcher plagiarized colleagues’ work, investigation finds

An investigation found that Dr. H. Gilbert Welch committed research misconduct.

More Business headlines

Aware of a steady rise in financial fraud against older people in Maine, Judith M. Shaw, the administrator of Maine’s Office of Securities, suggested that employees at banks train to recognize suspicious activity, like sudden large transfers, in exchange for greater protection from legal liability for reporting it.

A new law helps banks flag fraud against seniors

A Maine effort to encourage bank employees to recognize suspicious activity in exchange for greater protection from legal liability for reporting it is now national law.

A long standing tradition at McCoy Stadium is for fans to lower items to be autographed from the stands above the dugout in Pawtucket, RI on Friday, Aug. 17, 2018. Anthony Sostre, 8 of Attleboro, Mass. uses a bribe of free bubble gum in the milk jug to the right.(Globe Photo/Joe Giblin)

The Sox moving top farm team from Pawtucket to Worcester

PawSox chairman Larry Lucchino will work with the same partner on the new Worcester stadium as he had for the construction of Camden Yards and renovations to Fenway Park.


‘The ability to text a restaurant and get a quick direct answer to one’s question seems like a game changer’

Boston-based startup Open City aims to simplify communications between restaurants and customers.

Tesla CEO Elon Musk told The New York Times the past year has been the most ‘‘difficult and painful’’ of his career.

Tesla shares fall as CEO admits job stress is getting to him

hares of Electric car maker Tesla Inc. tumbled about 9 percent Friday after Elon Musk conceded in a newspaper interview that job stress may be getting the best of him.

Facebook could be responsible for how advertisers use platform, Justice Department says

Facebook could be responsible for how advertisers use platform, Justice Department says

A statue of the Pawtucket Red Sox baseball team mascot

New home for WooSox has long history

Worcester’s Canal District was founded around industry but now boasts a lively nightlife scene.

Scott Kirsner | Innovation Economy

‘Ice King’ Frederic Tudor was one cool character

In the 19th century, a Boston entrepreneur who put the frozen cubes into your Cuba Libre “failed his way to success.”

President Trump

Evan Horowitz | Quick Study

Trump’s idea to get rid of quarterly earnings reports makes some sense

The every-three-month requirement may force companies to focus too much on keeping investors happy in the short-term.

Shirley Leung

We waited a long time for a movie like ‘Crazy Rich Asians’ — and that’s too bad

Asian-Americans want to send a message to Hollywood: Our stories are as universal and enduring as anyone else’s, and the proof will be at the box office.

National Grid was the target when union gas workers rallied outside the State House on July 18.

Lockouts appear to be giving employers more clout as union strikes fade

As unions shrink and work stoppages dwindle, the share of companies shutting out workers rises.

Mylan has raised the price of its branded EpiPen from under $100 to more than $600 for a set of two injections.

FDA approves generic EpiPen that may be cheaper

The action provides new competition that could help drive down the cost of a lifesaving product that had become a notorious symbol of high drug prices.

Google exited China in 2010 in protest over that nation’s censorship policies.

Google employees protest secret work on censored search engine for China

Hundreds of Google employees, upset at the company’s decision to secretly build a censored version of its search engine for China, have signed a letter demanding more transparency to understand the ethical consequences of their work.

Walmart stock surged more than 9 percent on news that same-store sales had a 4.5 percent gain, far exceeding the 2.4 percent analysts had forecast.

Walmart’s push to sell more groceries begins to pay off

Walmart’s aggressive push into groceries helped same-store sales in the United States grow more in the last quarter than they had in a decade.

People walk past a street vendor offering for sale Turkish flags and flags of Turkey's President Recep Tayyip Erdogan, at a market in Istanbul, Thursday, Aug. 16, 2018. Beset by a weak currency and tension with the United States, Turkey and Erdogan, is reaching out to Europe in an attempt to shore up relations with major trading partners despite years of testy rhetoric and a stalled bid for EU membership.(AP Photo/Lefteris Pitarakis)

Turkish finance chief tries to reassure investors on crisis

Turkey’s finance chief tried to reassure thousands of international investors on a conference call Thursday, in which he pledged to fix the economic troubles that have seen the country spiral into a currency crisis.

Staples, blocked in 2016 from acquiring Office Depot, is today pursuing Essendant, an Illinois office supplier.

Staples is hot on the path of a major office supplier

Office Depot may always be the one that got away. But Staples is back in buying mode.

A rendering of the Exchange South End project.

Massive South End project wins key approval

The Boston Planning & Development Agency board approved Exchange South End, a four-building, 1.6-million-square-foot complex.

Health insurance rates to increase 4.2 percent next year

The rise is relatively modest compared with the beginning of 2018, when rates climbed an average of 16.8 percent after the White House followed through on a threat to pull federal payments that subsidize insurance coverage.

Stocks march higher on growing hopes for China trade talks

US stocks jumped Thursday as China and the United States said they will hold their first trade discussions in months, a potential sign of progress toward ending their trade war.

Weekend agenda

A finance workshop, networking, and other events and things to know.

An image of a planned food hall and gathering space in the former turbine area at the L Street Power Station.

Developers revamp plans for L Street Power Station project

They now call for fewer apartments and condos, more office space and parking, and two hotels.

A sign calling out Jim Koch, the co-founder and chairman of the Boston Beer Company, the producers of Samuel Adams beer, for a pro-Trump statement.

Sam Adams is the latest brand with a Trump problem

Boston Beer founder Jim Koch is learning that talking politics can be tricky under a deeply polarizing president.

People crossed a street in Istanbul underneath a billboard advertising the Apple iPhone X. The country’s president has called for a ban on US electronics products.

Turkey denies appeal for US pastor

Turkey also sharply raised tariffs on American goods in retaliation for the punitive levies announced by President Trump last week.

Among chief executives of large hospitals and health systems, Dr. David Torchiana of Partners HealthCare topped the list.

Compensation rises for local hospital leaders

Among chief executives of large hospitals and health systems, Partners HealthCare CEO David Torchiana topped the list, earning a total compensation of $4.7 million in 2016.

Exchange South End, a $1 billion, 1.6-million-square-foot complex, would replace what was the Boston Flower Exchange. Most of the exchange’s vendors have moved to Chelsea.

Flowers out, tech in: Massive Kendall Square-like development in South End nears approval

A huge development that could transform an old corner of the South End is poised to win key city approvals Thursday night.

Casino mogul Steve Wynn has consistently denied sexual misconduct allegations.

Wynn accuser makes extraordinary claims in court filings

A woman who says she was raped by casino mogul Steve Wynn in Chicago in the early 1970s and gave birth to his daughter in a gas station restroom has provided a sworn statement containing inconsistencies about dates, names and other things she said happened to her.

An artist’s rendering of the proposed Commonwealth Building.

Citgo sign here to stay, but maybe not surrounding buildings

Developer Related Beal on Tuesday went before the Boston Civic Design Commission to submit its updated plans to redevelop buildings on Commonwealth Avenue near Deerfield Street.

Pharmacists scored well in a wage report by Glassdoor, with a base pay of $127,120.

These are the highest-paying jobs in the US right now

The Glassdoor report, which was released Wednesday, gathered salary data from millions of employees and used algorithms to estimate the median annual base pay.

Tesla chief executive Elon Musk has caught the attention of SEC investigators by tweeting plans to take his company private, and asserting that financing for the move had already been “secured.”

SEC is said to subpoena Tesla after Elon Musk’s take-private tweet

In the Twitter post, Musk said that the financing for taking Tesla private, which would probably run into the tens of billions of dollars, had been “secured.”

Stocks tumble as investors fret about China’s slower growth

Deepening worries about global economic growth set off a rout in riskier assets Wednesday. US retailers took a drubbing after Macy’s reported weaker sales.

Massachusetts Competitive Partnership CEO Dan O’Connell said the group’s main goal is to make the case for increased federal investments in Massachusetts.

Mass. CEOs look to get more competitive in D.C.

The Massachusetts Competitive Partnership seeks to expand its horizon beyond the state.

Business agenda

A sustainability talk, meetups, and other events and things to know.

Construction and traffic around the Amazon headquarters in Seattle.

Amazon’s silence on HQ2 only stokes more speculation

Some observers have taken to seizing on the slightest whiff of a clue about where the e-commerce giant might decide to locate its coveted $8 billion complex.

Former chief executive Sean Rad and nine other Tinder founders say they were cheated by IAC/InterActiveCorp and Match Group Inc.

Tinder founders, employees sue IAC, Match Group over options

They claim IAC and Match created an artificially low valuation of Tinder to avoid paying the group money they’re due under options agreements.

RBS officials knew the loans were risky,

Royal Bank of Scotland fined $4.9B for housing bubble role

The Royal Bank of Scotland will pay the largest fine arising out of the mortgage crisis to settle allegations it misled investors about risky home loans made during the housing bubble that ultimately led to the 2008 financial collapse.

A clerk at the new sports book at Harrah's casino in Atlantic City N.J. processed wagers for a customer.

New Jersey takes in $40.6 million in sports bets in July

It was the first full month of legal sports betting at the state’s casinos and racetracks.

The company’s rebound has accelerated under the current chief executive, Antonio Pietri.

Its stock rising, Aspen Tech enjoys a quiet revival after a two-year exile from Nasdaq

Not every company can bounce back from a stock market delisting, but Aspen Technology has quietly pulled it off.

Stock market recovers most of Monday-Tuesday losses

Stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days.

Want to help your colleagues? Try logging off for a while

A group of Boston academics found that workers who are in constant contact with each other may be less effective.

A Model 3 on the assembly line at Tesla’s factory in Fremont, Calif.

Elon Musk’s effort to take Tesla private will be reviewed by company’s board

The board has created a special committee to review Musk’s proposal.

Massachusetts General Hospital retained its ranking by U.S. News & World Report from last year.

MGH named nation’s fourth-best hospital by U.S. News & World Report

Massachusetts General Hospital has once again been singled out as one of the best medical institutions in the country.

Business agenda

App building, networking, and other events and things to know.

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.