Harvard Square could lose iconic Out of Town News

The newsstand in the tiny 500-square-foot kiosk is not part of Cambridge’s proposed $4.6 million project to remake the plaza.

Boston’s licensing board on Thursday unanimously voted to approve a license for a proposed Starbucks at 749 East Broadway (at right) in South Boston.

Starbucks wins Southie fight

Starbucks fans in Southie, take heart: Your favorite coffee chain will be able to set up shop on East Broadway after all.

A nuTonomy self-driving taxi made its way down the road in its public trial in Singapore.

Hiawatha Bray | Tech Lab

Cambridge company launches self-driving cabs

A tiny Cambridge startup outflanked Uber in Singapore by launching the first self-driving taxicab service.

Mass. hospitals in decent fiscal health

Eighty percent of the state’s 65 hospitals ended last year with a profit, according to new report.

Latest Business headlines

Can artificial intelligence guide stock picks?

If you use Netflix, the online streaming service will recommend options based on your viewing history. Now, a Boston-based firm hopes to bring that same technology to financial services.

Jury: GM car’s ignition switch not to blame in fatal crash

A Texas jury on Thursday found that a General Motors Co. ignition switch was not to blame for a 2011 accident that killed one driver and injured another.

VW reaches accord with dealers to cover diesel-cheat losses

Volkswagen AG agreed to pay 652 auto dealerships for their losses from the diesel-cheating scheme that’s affected more than a half million cars in the United States.


EpiPen price hikes put Mylan CEO in hot seat

Heather Bresch has faced public scorn, investor skepticism, and castigation from a group of senators in the past week.

Sears to borrow $300 million from Lampert as losses mount

Eddie Lampert, the hedge fund manager who runs Sears Holdings Corp., is once again lining up financing for a retailer that has lost more than $9 billion in recent years.

More Business headlines

Apple issues iOS patch to thwart powerful spyware

The spyware took advantage of weaknesses in Apple’s mobile operating system to take complete control of iOS devices.

When Facebook bought the startup WhatsApp in 2014, Jan Koum, WhatsApp’s cofounder, declared that the deal would not affect the digital privacy of users.

WhatsApp to begin sharing data with Facebook

The service said it would disclose phone numbers and analytics information of its users with the social network.

CLF to expand legal program for farms, food businesses

Conservation Law Foundation announced a multistate expansion of an initiative that provides local farmers and food entrepreneurs with pro bono legal services.

Uber said to lose at least $1.2 billion in first half of 2016

Subsidies for Uber’s drivers are responsible for the majority of the company’s losses globally.

Friday’s business agenda

Bootcamps, potlucks, and more notable events and things to know.

FILE - This Oct. 10, 2013, file photo, shows an EpiPen epinephrine auto-injector, a Mylan product, in Hendersonville, Texas. Mylan, now in the crosshairs over severe price hikes for its EpiPen, said Thursday, Aug. 25, 2016, it will expand programs that lower out-of-pocket costs by as much as half. (AP Photo/Mark Zaleski, File)


EpiPen maker to make drug more affordable

Mylan Pharmaceuticals will offer a savings card and expand its patient assistance program in the wake of outrage over EpiPen’s high prices.

Diane Quinn heads the strategy, planning, staffing, and finances.

With new cast behind the scenes, Harvard’s ART stages financial revival

The past several years have brought a renaissance for Harvard’s American Repertory Theater.

 Advaxis chief executive officer Daniel O’Connor (left), with chief scientific officer Robert Pettit, helped ink a deal with Amgen for its cancer therapy.


A biotech firm resurrects itself via man — and microbe

CEO Daniel O’Connor has helped turn around a troubled company.

A shoe salesman in Macy’s flagship store in New York. S&P has cut its ratings on Macy’s to BBB, two notches above junk.

The hidden risk to the economy in corporate balance sheets

America has a debt problem, but it’s not what you think.

The headquarters of drugmaker Mylan Laboratories Inc. in Canonsburg, Penn.


Mylan price hikes on many other drugs eclipsed EpiPen increases

EpiPen price hikes may be causing outrage, but those pale in comparison to the huge increases that Mylan Laboratories took on dozens of other medicines earlier this year.

Pfizer to buy antibiotics from AstraZeneca for $725 million

Pfizer will pay $550 million to AstraZeneca when the transaction closes and make another payment of $175 million in January 2019

Gwen Jorgensen


Columbia Threadneedle’s golden turn

Plenty of Americans watched Gwen Jorgensen win the gold medal in the triathlon at the Olympics. Among them, executives at Columbia Threadneedle.

The Empire State Realty Trust Inc., which manages the 102-story, 1,454-foot-tall building, announced the Qatari purchase late Tuesday, saying the fund would gain a 9.9-percent stake in the company.

Qatari buys stake in firm that owns Empire State Building

The $622 million purchase by the Qatar Investment Authority comes as it increases its US investments.

FILE - This Nov. 18, 2009, file photo, shows credit and bank cards with electronic chips in Gelsenkirchen, Germany. Changes to federal law have sharply restricted students’ access to credit cards, making it harder for many to start building credit. But parents can still help their kids lay the foundation for renting apartments and taking out loans by letting them piggyback on their good credit and offering sound advice. (AP Photo/Martin Meissner, File)

hiawatha bray | tech lab

If cash is king, it’s time for a revolution

There’s a professor at Harvard University who’d like to take all your cash, and not for tuition.

A local VC firm has a four letter message for Trump

A well-respected firm is using its homepage to send a profane message to the Republican presidential nominee.

Dorchester, MA - 10/7/2015 - Jason Robins, DraftKings CEO, speaks during an interview in the offices of the Boston Globe Dorchester, MA, October 7, 2015. (Keith Bedford/Globe Staff)

Jonathan Kraft pushed for merger of DraftKings, FanDuel, report says

According to a new ESPN report, the companies’ CEOs had a tense meeting in Las Vegas last year.

Thursday’s business agenda

Mortgage rates, workshops, and more notable events and things to know.

PHILADELPHIA, PA - JULY 25: Mayor of Boston Marty Walsh delivers a speech on the first day of the Democratic National Convention at the Wells Fargo Center, July 25, 2016 in Philadelphia, Pennsylvania. An estimated 50,000 people are expected in Philadelphia, including hundreds of protesters and members of the media. The four-day Democratic National Convention kicked off July 25. (Photo by Jessica Kourkounis/Getty Images)

Are you a literary urbanist? Mayor Walsh has a reading list for you

A reading list from the mayor as City Hall looks to imagine life in Boston in 2030.

Justin Koch puts prepares Brick cheese curds in Theresa, Wisconsin.

The US government says it’s buying 11 million pounds of cheese

The USDA announced Wednesday that it’s purchasing 11 million pounds of cheese to stabilize a surplus that is at its highest level in 30 years.

Chelsea, others settle bond cases with SEC

The settlements are part of a voluntary program of the Securities and Exchange Commission to encourage bond issuers and underwriters to report past errors in their filings.

Report boosts Children’s contentious expansion plan

The expansion will add dozens of new beds where Children’s can treat patients with complex conditions from the Boston area and far beyond.

(FILES) This file photo taken on March 25, 2015 shows an UBER application shown as cars drive by in Washington, DC. The US ride-sharing service Uber announced August 18, 2016 it had acquired the commercial transport-focused tech startup Otto as the company presses ahead with its pursuit of self-driving technology. The announcement came as the company also announced a $300 million effort with the Sweden-based automaker Volvo Cars to develop driverless cars.

Boston Uber drivers among first to get IRA discounts

Offering discounted individual retirement plans could help Uber compete with Lyft Inc. for the loyalty of drivers.

10/1/2015 - Boston, MA - Back Bay - A homeless person sleeps on a bench in Copley Square as passerby rush past on their way to work on Thursday morning, October 1, 2015. As concern about the city's chronic homeless population grows, business groups and other agencies are coordinating with the city to address the issue. Topic: 01homeless. Story by Katie Johnston/Globe Staff. Dina Rudick/Globe Staff.

Evan Horowitz | Quick Study

Poverty drives homeless rates? Not so fast

The one thing that seems connected to the number of people without their own place to live is the cost of housing.

Delta travelers lined up in Salt Lake City this month after computer woes delayed flights.

Blame airlines, not weather, for most US flight delays

Airline miscues — such as the computer glitches that grounded hundreds of thousands of passengers this summer — are the biggest cause of delayed flights.

The Bangor, Maine, restaurant will serve its last meal Sept. 6, but the hotel will remain open.

Howard Johnson restaurant in Maine to close, leaving only 1 more

The closing of the Bangor restaurant means a haunt of Stephen King and other locals will disappear.

Governor Charlie Baker backed Oscar Insurance Corp. before he was elected in 2014.

Baker-backed insurer exits 2 markets after Obamacare losses

Oscar Insurance, a favorite startup of Charlie Baker before he was governor, is pulling out of Dallas and New Jersey.

Apollo Global settles securities case as SEC issues $53 million fine

Federal regulators said they brought the case because of an array of securities law violations.

Wednesday’s business agenda

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

EpiPen maker Mylan has become the new boogeyman of the pharmaceutical industry.

Lawmakers demand investigation of $100 price hike of life-saving EpiPens

EpiPen maker Mylan has become the new boogeyman of the pharmaceutical industry.

Bayer, Monsanto said to move closer to merger deal

The companies made progress on issues including the purchase price and termination fee.

Experimental cancer therapy holds great promise — but at great cost

One of the hallmarks of CAR-T: It has to nearly kill you if it’s going to save you.

How much do Patriots tickets cost this season?

New England Patriots home games remain among the most expensive tickets on the secondary market for NFL games in 2016.

Starbucks can put as much ice in your coffee as it wants.

Starbucks can put as much ice in your coffee as it wants

A federal judge in California shut down a class-action lawsuit alleging the coffee giant misleads its customers.

FILE - In this April 20, 2013, file photo, media mogul Sumner Redstone arrives at the 2013 MOCA Gala celebrating the opening of the Urs Fischer exhibition at MOCA, in Los Angeles. According to an internal memo, Viacom CEO Philippe Dauman will step down, making Chief Operating Officer Tom Dooley interim CEO. The move is part of a settlement the Viacom board approved with National Amusements, a private company owned by the 93-year-old Redstone that holds controlling stakes in both Viacom and CBS. (Photo by Richard Shotwell/Invision/AP, File)

Despite settlement, Redstone drama will continue

Sumner Redstone’s granddaughter wasn’t a party to the recent settlement, and she wonders why Viacom gave up the fight.

The Bangor, Maine, restaurant will serve its last meal Sept. 6, but the hotel will remain open.

And then there was one . . . HoJo’s making its last stand

One of the last two Howard Johnson restaurants will close in a couple of weeks, taking with it a slice of roadside Americana.

Andrea Tantaros.

Who is former Fox News host Andrea Tantaros?

Here’s what you should know about Tantaros and her fight with Fox.

Retired judge Francis Darigan Jr., who brokered the settlement, said it is doubtful that Rhode Island can recover all of its money in the matter.

$25.6m settlement reached on Schilling’s 38 Studios loans

Rhode Island settles with two of the financial backers it sued over a disastrous deal with former Red Sox pitcher Curt Schilling’s video game company.

Pharmaceutical tablets and capsules are arranged on a table in a photo illustration shot September 18, 2013. REUTERS/Srdjan Zivulovic/Illustration/File Photo

Without competition, drug prices soar

Harvard-affiliated doctors said speeding up the rollout of lower-priced generics would help tamp down rising drug prices.

This undated photo provided by KFC shows an image from an ad campaign featuring actor George Hamilton portraying Colonel Sanders, as he holds a bottle of Extra Crispy Sunscreen. On Monday, Aug. 22, 2016, KFC gave away 3,000 bottles of fried-chicken scented sunscreen to drum up buzz for its Extra Crispy chicken. (KFC via AP)

KFC wants you to smell like fried chicken with sunscreen giveaway

In a new marketing gimmick, the chain gave away 3,000 bottles of sunscreen it claimed smelled like fried chicken.

Productivity often declines for workers after they exceed 40 hours a week, according to research.


How to work smart and avoid burning out

Here’s a guide on how to turn the 45-hour work-week most of us have into a more productive, healthy one.

Home prices go up in Mass. in July, while sales were down

The median price of a single-family house climbed 2.7 percent, but the number of home sales slipped for the first time this year.

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.