Boston raises its goal for new housing by 30 percent

Citing Boston’s faster-than-expected population growth and rising rents, Mayor Martin Walsh says even more building is needed to meet the demand.


Nuns score a win against Smith & Wesson’s parent

Shareholders in American Outdoor Brands — a.k.a. Smith & Wesson — rebuked the Springfield manufacturer’s leadership, passing a nonbinding resolution dealing with gun safety.

Sky Bar is to be auctioned this week, along with Peach Blossoms, Haviland Thin Mints, and Mighty Malt Milk Balls.

Necco candy equipment is to be sold off, sounding another death knell of a Boston institution

It took decades for New England Confectionery Co. to assemble its candy empire. And it will take just weeks for Necco to be disassembled and sold off in pieces.

Just Dunkin’: Dunkin’ Donuts to change its name

Doughnuts are still on the menu, but Dunkin’ Donuts is renaming itself Dunkin’ to reflect its increasing emphasis on coffee and other drinks.

Latest Business headlines

China says the US is ‘holding a knife to our neck’ in trade war

With both Beijing and Washington holding their ground, the dispute between the world’s two largest economies looks set to rumble on with no obvious end in sight.

US all but certain to miss weekend deadline to include Canada in three-way NAFTA deal

Major disagreements remain over Canada’s dairy management program, a dispute resolution process, and the fate of US tariffs on metals imports from Canada.

Just Dunkin’: Dunkin’ Donuts to change its name

Doughnuts are still on the menu, but Dunkin’ Donuts is renaming itself Dunkin’ to reflect its increasing emphasis on coffee and other drinks.

Uber drivers suing for better pay lose critical ruling

The rule barred hundreds of thousands of drivers from suing as a group for better pay and benefits.

Higher interest rates, oil prices pull stocks lower

Major US indexes finished mostly lower Tuesday. The S&P 500 index fell for the third day in a row.


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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.


// To make better biomedical tools, a scientist picks apart fireflies’ glow

Invertebrate evolution and biomedical research are more closely intertwined than you might think.

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Business agenda

A tech talk, workshops, and other events and things to know.

Don Mitchell of Cambridge rode his bicycle to the gym before going to work last week. Mitchell is a software engineer and has no plans to retire but has begun pondering when to begin collecting Social Security benefits.

When should I start taking Social Security? 60-somethings want to know

The question might seem straightforward if you haven’t started looking into it, but there are enough wrinkles and curveballs to warrant careful consideration.

Michael Kors ups the glamour, buys Versace for $2 billion

The deal continues the hard charge of Michael Kors into the world of high-end fashion.

Mike Krieger, left, and Kevin Systrom, the co-founders of Instagram, on the Facebook campus in Menlo Park, Calif., March 10, 2016. Instagram plans to follow in the footsteps of Facebook and Twitter by shifting from displaying posts in strictly reverse-chronological order to ordering them algorithmically. (Jason Henry/The New York Times)

Kevin Systrom and Mike Krieger, Instagram’s cofounders, will leave company

The exits add to the challenges facing Instagram’s parent company, Facebook.

Edward Lampert’s hedge fund has proposed a series of deals that would reduce Sears’s $5.6 billion debt load.

Sears’ chief executive and top investor sounds alarm on bankruptcy risk

Time is running out for the venerable retailer, Edward Lampert said Monday.

Business agenda

A pitch night, a networking dinner, and other events and things to know.

Siemens, General Electric wage battle for $15 billion power deal in Iraq

The energy titans are competing to win the deal to develop power stations in Iraq.


A new era for noncompetes in Mass. begins Oct. 1

Hey, HR directors: You have one week to get employees signed up under the old, anything-goes regime.

The Food and Drug Administration approved Verastem’s Copiktra to treat chronic lymphocytic leukemia and small lymphocytic lymphoma.

Verastem wins FDA approval for blood cancer drug

It will be the Needham company’s first medicine on the market.

Stocks dip on report China has called off US trade talks

Stocks worldwide took small losses Monday after China reportedly pulled out of trade talks with the United States.

Swiss biotech startup opens US headquarters in Boston

SOPHiA GENETICS uses artificial intelligence to search for disease clues in DNA.

Jim Watters (left) and Chris O'Connell


At Waters Corp., the mantra endures: Add something of value

When Chris O’Connell became CEO of Waters Corp., one of the first things he did was call company founder Jim Waters.

Sarepta’s Duchenne MD trial back on schedule

The Cambridge biotech says the FDA has lifted a hold on the study of an experimental treatment.

The ballot question backed by the Massachusetts Nurses Association, a labor union, would limit on the number of patients assigned to a nurses at any one time.

Health care watchdog to weigh in on costs of nurse staffing ballot question

The analysis by the Health Policy Commission will be the first independent look at the polarizing issue.

Subscription radio company SiriusXM says it’s buying music streaming service Pandora Media Inc.

SiriusXM to acquire Pandora in $3.5b deal

The subscription radio company says it’s buying the music streaming service in a stock deal that'll allow it to expand its service beyond cars and into homes and other mobile areas.

A container ship was unloaded at an Oakland, Calif., port earlier this year. China and the US imposed more tariff hikes Monday.

US, China tariff hikes go into effect

There was no sign of compromise in an intensifying battle over technology that is weighing on global economic growth.

Brian Roberts, chief executive of Comcast. Roberts has been a thorn in Disney’s side all year, and on Sunday Comcast topped Disney in the fight for control of the British pay-TV company Sky.

Comcast makes risky bet on global scale in response to Netflix

Ever since Netflix Inc.’s meteoric rise jump-started a revolution, media executives have debated how to respond.

GE says it’s developed the world's most powerful offshore wind turbine.

General Electric steps into Europe’s offshore wind market

Boston-based GE wants to become a force in the offshore wind-power industry, which is dominated by European companies.

The week ahead in business

Networking at a brewery, a business bootcamp for artists, and other events and things to know.

Any move toward a balanced budget could quickly backfire, pushing the economy into a near-permanent state of recession, said former Obama economic adviser Lawrence Summers.

Evan Horowitz | Quick Study

A balanced budget sounds good, but could it trigger a recession that drags on?

Less government borrowing would mean long-term lower interest rates, and problems for the Fed.


Discrimination laws don’t protect employee not meeting performance requirements

Can a sales manager terminate me before my due date because I am not meeting my quota?

Thomas Goode of Durham, N.C., who has participated in clinical trials for multiple myeloma, said, “If I didn’t try a trial, who’s to say I would still be here?”

Minority patients often are excluded from clinical trials of potentially life-saving drugs

Stark underrepresentation of African-Americans is widespread in clinical trials for cancer drugs, even when the type of cancer disproportionately affects them.


7 credit myths that can cost you a lot of money

If you’re low-income, having bad or no credit can make you even more financially unstable, according to new research.

Aracelis Mercado has accumulated a duck collection that dominates her desk area. She works for Massachusetts Teachers Association president Merrie Najimy.


No place for stress in this office

Massachusetts Teachers Association president Merrie Najimy brings a sense of calm to her job.

Orleans-09/20/18 How will the shark attack death affect Cape Cod's embrace of everything shark. A shark weathervane atop a totem pole of signs at Nauset Beach. Photo by John Tlumacki/Globe Staff(business)

After Cape shark fatality, tourism industry reels

Escalating shark attacks could keep people away, or attract even more. Either way, locals say, things need to change.

Some Internet vendors were unsure how the state Department of Revenue would interpret the Supreme Court’s Wayfair decision in June. DOR just issued a memo to address the uncertainty, essentially telling them to start forking over sales taxes — for the past 12 months.

Chesto means business

The Mass. taxman cometh — for online retailers

Massachusetts tax collectors have two words for online retailers: pay up.

Aman Narang and Steve Fredette, two of the cofounders of Boston startup Toast.

Scott Kirsner | Innovation Economy

Toast finds its bread-and-butter business

After a slow start, the Boston restaurant tech company is rising fast.

Last year’s massive Equifax hack exposed the private information of more than 145 million Americans.

Credit freeze free nationwide as of Friday

The move comes in response to the massive hack at credit reporting giant Equifax last year.

The iPhone XS Max and the iPhone XS on display.

We tested the new iPhone XS Max. Here’s why you might need one — and why you wouldn’t

If you’ve bought an iPhone in the last year or two, you needn’t bother buying this new model. But if you’re in the market anyway, XS Max has a handful of technical tweaks that do matter.

Jerome Clark of Aldevron reacted to his shot while playing ladder golf during the FRAXA Biotech Games at MIT.

Biotechs compete against each other for a common cause

Teams representing 42 Boston-area biotechswent head to head in lawn games such as cornhole and ladder golf at the first annual FRAXA Biotech Games on Thursday.

A rendering of the building planned for 225 Wyman Street in Waltham.

Major office development coming to Waltham

Plans call for more than a half a million square feet off of Route 128.

Five MIT students shut themselves inside a transparent glass box Thursday.

Five budding entrepreneurs are living in a glass box at MIT this weekend

Students have pledged to eat, sleep, and work in the cube all weekend, in full view of anyone wandering past.

Trader Gregory Rowe works on the floor of the New York Stock Exchange, Thursday, Sept. 20, 2018. A wave of buying sent U.S. stocks solidly higher on Wall Street Thursday, pushing the Dow Jones Industrial Average above the all-time high it closed at in January. (AP Photo/Richard Drew)

Stocks at records; Dow beats all-time high from January

Wall Street delivered another set of milestones Thursday as a wave of buying sent US stocks higher, driving the Dow Jones industrial average above the all-time high it closed at in January.

Two conferences in Boston this weekend take different views of how to create affordable housing in the city, like this mixed-income building in Dorchester.

Two gatherings, two visions for fixing Boston’s housing crisis

Roxbury will host gatherings of activist groups that have differing approaches to affordability.

It’s Rockland Trust’s time to brag as the the state’s biggest independent retail bank after acquiring Blue Hills Bank.


Rockland Trust bulks up in Boston with Blue Hills deal

The state’s banking industry will soon crown a new king.

Alibaba chief Jack Ma says the trade war is preventing job creation.

Jack Ma scraps his pledge to create million US jobs

But was it ever serious?

EU Consumer Commissioner Vera Jourova is warning the US tech company that it could face sanctions for not complying with demands that it be more transparent about the use of consumer data.

EU getting ‘impatient’ with Facebook over consumer data use

The European Union’s consumer protection chief is warning the US tech company that it could face sanctions for not complying.

Weekend agenda

A Q&A, a blockchain discussion, and other events and things to know.

This July 14, 2018 photo, workers at the FanDuel sports book at the Meadowlands Racetrack in East Rutherford N.J. prepare to take bets moments before opening. New Jersey gambling regulators are investigating whether FanDuel should be ordered to pay a New Jersey man $82,000 for a bet he made on a football game at what the company said were erroneously high odds. (AP Photo/Wayne Parry)

FanDuel to pay out disputed $82K football bet

Upon further review, a New Jersey man will get his full $82,000 payout on a disputed $110 sports bet.

In a study released this week by J.D. Power, Logan came in 16th out of 19 airports. Above, JetBlue’s ticketing area.

In a J.D. Power survey, travelers rank Logan among the worst big airports in US

In a study of airports of comparable size, the J.D. Power study found that Logan came in 16th out of 19 airports. But travelers seem to love what Orlando and Las Vegas airports have to offer.

The New York Stock Exchange on Thursday.

Dow beats all-time high from January

Wall Street delivered another set of milestones Thursday as a wave of buying sent US stocks solidly higher.

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.