Striking Marriott workers will return to work Wednesday with new contract

The workers will return to the job Wednesday after voting in favor of the deal, which was announced earlier Saturday.

Woonsocket, R.I.-based CVS was one of the drugstore chains named in the lawsuit.

Florida sues CVS, Walgreens over opioid sales

The state says the chains oversold painkillers and didn’t take precautions to stop illegal sales.

The Amelia Earhart Dam loomed in the background before sunrise.

chesto means business

This dam problem needs to be fixed, cities say

Members of the Mystic River watershed are lobbying Beacon Hill for $5 million to help improve the Amelia Earhart Dam’s pumping capacity.

Last seen in 2015, FAO Schwarz, the extravagant toy store, has reopened in Manhattan.

Iconic toy store FAO Schwarz makes its comeback

Three years after the beloved New York toy store closed, it’s making a return to Manhattan.

Latest Business headlines

Visitor’s Bureau picks new chief executive

The Greater Boston Convention & Visitors Bureau’s board on Friday picked Rhode Island tourism honcho Martha Sheridan to be its new chief executive,

Protesters at Sanofi in Cambridge decry high price of insulin

Two mothers Friday tried to deliver the ashes of their two diabetic children to the Cambridge offices of drug giant Sanofi to protest the high price of insulin.

GE stock dips below $8 as November proves to be a cruel month

General Electric’s shares tumbled toward their worst month since the depths of last decade’s recession Friday.

US, Mass. regulators fine Boston startup over cryptocurrency sale

The sale is one of dozens of “initial coin offerings” that caught the eye of regulators amid an investment frenzy last year.

Fidelity names Steve Neff, top tech executive, to run asset management division

Neff succeeds Charlie Morrison, who is retiring from the Boston-based fund company.


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Special section | Game Changers

// 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.


// An industry newcomer tries to salvage pharma’s bruised reputation

Patrick O’Connor is the new executive director of the Alliance to Protect Medical Innovation.

More Business headlines

Ex-Bank of America senior VP and husband sentenced for embezzlement

Palestine “Pam” Ace, a former senior vice president, was sentenced to one year and one day in prison for a kickback scheme involving nonprofits.

Talking Points AM/Larry Edelman

Boston Scientific starts cost-cutting drive that could cost some jobs

Plus: Senator Warren presses consulting firms on work for Saudis, Trump’s consistent message on trade, and Night of the Living Artist.

Partners HealthCare.

Partners HealthCare, Harvard Pilgrim end merger talks, for now

Partners’ chief executive said the deal was getting too complicated, but he didn’t rule out future negotiations.

Chinese President Xi Jinping is to meet President Trump this month.

China says talks with US on trade have resumed

Washington and Beijing have resumed talks over their spiraling trade dispute ahead of a meeting between Presidents Xi Jinping and Donald Trump, China’s Commerce Ministry said Thursday.

A team lead by Boston Global Investors was the winning bidder for a Massport parcel in the Seaport. Here's an image of the office building planned for the site. BUSINESS 11-16-18 16CHesto


Massport makes first Seaport office deal with ‘public realm’ requirement

The Massachusetts Port Authority is striking back to improve the look of what some critics have called “Houston-by-the-Sea.”

Weekend agenda

A CBD mixer, a transportation conference, and other events and things to know.

Technology companies, banks lead rebound for US stocks

Health care and industrial stocks also rose, offsetting losses in retailers, homebuilders, utilities, and other sectors.

Menthol cigarettes account for about 35 percent of cigarette sales in the United States.

Flavored e-cigarettes are OK, but FDA to seek ban on menthol cigarettes

The proposed menthol ban would be the most aggressive action the FDA has taken against the tobacco industry in nearly a decade, and it was notable given the Trump administration’s business-friendly approach to regulatory issues.

Hiawatha Bray | Tech Lab

Did Moscow take a miss on the midterms, to wait for 2020?

Cyber specialists said Russian interference over social media was low this election season.

Patriot Ledger to leave Crown Colony office park after three decades

The paper’s 36 editorial employees will relocate to Adams Place on Route 37, 2-plus miles away from Crown Colony.

Boston, MA - 4/26/18 - A light rain and fog hangs over the city. State Street Bank Building on Lincoln St. Photo by Pat Greenhouse/Globe Staff Topic: standalone rain-fog Reporter: XXX

Ex-State Street executive sentenced in secret commissions case

Edward Pennings was handed six months in prison for his role in the fraud. Two State Street executives previously pleaded guilty and were sentenced in the case.

Rendering of The Hub on Causeway.

Talking Points AM/Larry Edelman

I love the nightlife and other top business headlines

Facebook's strategy of delaying and deflecting, Theresa May’s Brexit backlash, and more.

Woburn, MA 021611 LogMeIn of Woburn is a company that specializes in remote-control of computers and teleconference was photographed on February 16, 2011. (Essdras M Suarez/ Glboe Staff)/ BIZ Library Tag 04022011 Business

Elliott Management takes new stake in LogMeIn after share drop

Elliott Management Corp. disclosed that it has again taken a stake in the software company LogMeIn Inc., whose shares have tumbled 28 percent this year.

George Church.

A George Church startup offers free genome analysis

What Google has done with Internet searches and Facebook with sending birthday wishes, a Harvard professor is ready to do with genome sequencing: make it free.

Mark Zuckerberg testified on Capitol Hill in Washington.

Delay, deny, and deflect: How Facebook’s leaders fought through crisis

When Facebook users learned last spring that the company had compromised their privacy in its rush to expand, Facebook sought to deflect blame and mask the extent of the problem.

MassChallenge is looking for a new CEO

John Harthorne is stepping down to form a venture designed to help participants grow after they complete the program.

Boston, MA - 2/27/2018 - Massport CEO Tom Glynn of Massport speaks during a panel to discuss the Boston Globe Spotlight Team's series on race at the JFK Memorial Library in Boston, MA, Feb. 27, 2018. (Keith Bedford/Globe Staff)

Can the Massport board look beyond the usual players as it hires a new CEO?

The Massachusetts Port Authority board hasn’t picked a headhunting firm yet to replace its departing CEO, but the jockeying for the job has already begun.

The ‘Big Night Live’ venue will occupy a floor of the Hub on Causeway Street complex.

Major concert club planned for near North Station

Called “Big Night Live,” the venue is planned to open next fall and will accommodate up to 2,000 people, bringing a high-end nightclub vibe to the neighborhood.

Mark Giannantonio, president of Resorts Casino in Atlantic City, N.J., spoke with a worker about progress on the casino’s new sports betting facility it will open with DraftKings on Nov. 20.

DraftKings to open betting facility in Atlantic City

DraftKings and Resorts Casino are firing the latest shot in New Jersey’s sports book arms race, with a full-fledged sports betting facility due to open in a week.

Bitcoin plummets below $6,000 to lowest level in over a year

Bitcoin tumbled below $6,000 for the first time since August and reached its lowest level in over a year, breaking the recent stretch of tranquility exhibited by the notoriously volatile digital alternative to cash.

P&G employs about 1,350 people in South Boston (above) and Andover.

Chesto Means Business

Gillette battles back in razor business

A P&G spokesman says the grooming business enjoyed double-digit sales and volume growth in the last quarter in the United States.

Elston Bradshaw, a mail carrier for the United States Postal Service closes a mail truck door after delivering mail to an apartment complex on Thursday, June 14, 2018, in Aventura, Fla. (AP Photo/Brynn Anderson)

Postal Service in red for 12th year as letter mail drops

The US Postal Service on Wednesday reported a financial loss for the 12th straight year, citing declines in mail volume and the costs of its pension and health care obligations.

Business agenda

A Thanksgiving party, a hackathon, and other events and things to know.

Boston, MA - 11/14/18 - People moved from the ceremony, in the tent at left, to the new building. Wentworth Institute of Technology (cq) holds a ribbon cutting for its new Center for Engineering, Innovation and Sciences (cq). Photo by Pat Greenhouse/Globe Staff Topic: 15WentworthBusiness Reporter: Allison Hagan

Wentworth Institute opens first new academic building in 45 years

The four-story Center for Engineering, Innovation and Sciences on Huntington Avenue features a 3D printing center, biology and chemistry labs, and collaboration spaces.

(FILES) In this file photo taken on February 06, 2018 A picture taken on February 6, 2018 shows a visual representation of the digital crypto-currency Bitcoin, at the

Bitcoin calm shattered as price dives below $6,000 to lowest level in over a year

The decline marked a break in the recent stretch of tranquility exhibited by the notoriously volatile digital alternative to cash.

Leerink Partners bought for $280m by Silicon Valley Bank parent

The Boston-based bank has managed dozens of life sciences initial public offerings and helped arrange financing rounds for venture-backed companies.

Crystal City signage stands in Arlington, Va. Seattle-based Amazon will split a planned second headquarters between Crystal City and Long Island City, in the New York borough of Queens. MUST CREDIT: Bloomberg photo by Andrew Harrer

Talking Points | Larry Edelman

Go ahead and scoff, but Amazon HQ2 was not all about money

While there are plenty of smart and reasonable people who will never see it otherwise, let's consider the reasons why New York and the D.C. suburbs beat out more than 200 other bids.

The investment team of Bain Capital Ventures met in San Francisco.

Bain is the latest Boston firm with a billion-dollar venture fund

The largest venture firms are raising increasingly large caches to compete for stakes in highly valued startups.

Virgina Newes loved using Zipcar, but then the car-sharing company abruptly dropped her after a minor accident.

The Fine Print | Sean Murphy

Zipcar ended her membership because of a car dent. But was it really about her age?

An 89-year-old Cambridge woman was terminated from the service after a minor mishap in a parking garage.

Boston reacts to Amazon HQ2 decision

It’s official. Amazon’s HQ2 isn’t coming to Boston and people have mixed feelings about it.

Governor Charlie Baker and Attorney General Maura Healey will be featured in a Massachusetts Taxpayers Foundation event Friday focusing on the opioid crisis.

Report shows opioid crisis is costing Mass. workforce billions in lost productivity

The toll that the opioid epidemic is taking on the Massachusetts economy now has a cost in dollars.

A view of Long Island City in Queens, where Amazon plans to build a campus for up to 25,000 employees.

Was Boston just not big enough for Amazon?

Amazon on Tuesday confirmed that it will split its second headquarters between the Washington, D.C., region and New York City.

GE shares were up 7.76 percent Tuesday as investors applauded CEO Larry Page’s decision to pivot away from GE’s ownership in Baker Hughes.

GE heads for biggest gain since 2015 as Larry Culp speeds up oil exit

General Electric Co. surged as Chief Executive Officer Larry Culp accelerated plans to pare the company’s stake in Baker Hughes with a deal that would raise almost $4 billion at current prices.

Amazon’s headquarters in Seattle.

Chesto means business

We may have ‘lost’ Amazon HQ2 but we still won in other ways

State officials and real estate brokers have a ready-made list of properties that community leaders are eager to see developed.

Boeing’s first 737 MAX 9 jet at the company’s delivery center before a ceremony transferring ownership to Thai Lion Air in Seattle. Investigators into a Lion Air crash in October are focusing on whether it was linked to a new feature in the MAX model.

After fatal crash, pilots say Boeing didn’t warn of new feature

Boeing didn’t tell airline pilots about features of a new flight-control system in its 737 MAX that reportedly is a focus of the investigation into last month’s deadly crash in Indonesia, according to pilots who fly the jet in the United States.

Business agenda

A sustainable dinner, an environmental technology showcase, and other events and things to know.

A Juul Labs Inc. e-cigarette, USB charger and flavored pods.

Juul halts store sales of some flavored e-cigarettes

The nation’s leading e-cigarette maker says it has halted store sales of some flavors to deter use by kids.

The Anable Basin in Long Island City.

Four new things we learned today about Amazon’s expansion plans

When Amazon made its official selection for the locations of its second headquarters, it was hardly a surprise to anyone following the lengthy HQ2 saga. But there were still a few new tidbits.

The Pocket Closet is on display at the West Elm Fenway.

Robotic furniture maker Ori debuts a collapsible walk-in closet

The company, which has so far exclusively sold to property developers, said Tuesday that it is launching its first consumer product.

Five things Amazon’s HQ2 snub says about Boston

Being an also-ran might be what’s best for the region, but housing and transportation issues remain.

Crystal City, in Arlington, Va., is seen Tuesday, Nov. 13, 2018. Crystal City is expected to be named as one of Amazon's new headquarters. (AP Photo/Cliff Owen)

It’s official: Amazon announces selection of New York City and Northern Virginia for HQ2

Amazon has officially announced its selection of New York City and Northern Virginia as the new sites of its next 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.