Toys ‘R’ Us demise has ‘created a monster’ as retailers scramble to fill the void

Owners of smaller toy shops are devising clever ways to compete with Amazon and big box retailers, after the demise of Toys “R” Us and with the arrival of the holiday season.

Without Amazon, Suffolk Downs may become a huge new neighborhood

Boston aims to strike a balance as major development plans for Suffolk Downs move forward.

Indigo Ag chief executive David Perry, shown in a company greenhouse in Cambridge, is among Indigo executives who will be based in Memphis.

Boston startup Indigo Ag growing down south

Charlestown company that produces stronger seeds for agriculture is expanding in Memphis.

The emergency room of Morton Hospital in Taunton

Business groups aim to curb emergency room use, and save money, too

Companies might change co-pays to encourage their workers to use lower-cost health care settings — charging more for emergency rooms, for example, or less for primary care.

Latest Business headlines

Columbia Gas appoints new executive in Massachusetts

Mark Kempic will be chief operating officer of Columbia Gas of Massachusetts and see out the final work restoring service in the Merrimack Valley following the Sept. 13 disaster.

State gives Wayfair $31 million in tax breaks for 3,300 jobs in Boston and Pittsfield

The online retailer also unveiled plans for a third location in the Back Bay.


Predictions for Boston’s tech scene: A colder winter, but no big chill ahead

Columnist Scott Kirsner convened a panel of experts, through group text messaging.

GE stock surges as grumpiest bear says worst just may be over

Steve Tusa, the JPMorgan analyst who has had a sell rating on General Electric for more than two years, upgraded the shares to neutral.

Boston missed out on Apple’s big expansion, but there’s a consolation prize

The company said it plans to expand its presence here in coming years, adding hundreds of new employees.


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// Listening to the inner worlds of children who can’t move or speak

A scientist is testing a device that might let parents and clinicians tap into the emotions of profoundly disabled children who aren’t able to communicate.

More Business headlines

Amazon went to New York’s City Hall. Things got loud, quickly.

NEW YORK — It was variously described as a rite of passage, a take-your-medicine moment, and a very New York-style welcome: Two Amazon executives raised their right hands and then faced more than three hours of public grilling by the New York City Council.

Business agenda

Networking, a Sketch workshop, and other events and things to know.

Timothy Springer, a professor of medicine at Harvard’s medical school, is among other things the fourth-largest shareholder of Moderna.

Professor made millions in Moderna’s IPO but still lives the academic life

Timothy Springer invested $5 million in the startup’s early days. His windfall is one in a series of savvy investments.

Workers in Staten Island are criticizing the incentives offered to Amazon, saying they are treated like robots.

Employees at Amazon’s new NYC warehouse launch union push

Labor unrest is the latest complication in Amazon’s plan to invest $2.5 billion and hire 25,000 people in the city over the next 15 years.

China to revise plan for global technology dominance

The new approach is a bid to address one of President Trump’s chief complaints about China’s trade practices.

Hackers fooled Save the Children into sending $1 million to a phony account

Save the Children Federation said it was the victim of a $1 million cyberscam last year.

JPMorgan Chase CEO Jamie Dimon visited Boston Wednesday as his bank launches a retail banking expansion in the area — something that Citi tried but failed to pull off.


New bank competition begins as Chase opens a branch in area

Breaking into Boston won’t be easy for JPMorgan Chase. But it’s not going to be easy on Chase’s local competitors, either.

FILE - This May 2, 2017, file photo, shows Verizon corporate signage on a store in New York's Midtown. Shares of Verizon are falling before the opening bell after the company said it would take a $4.6 billion hit for what’s become an expensive internet foray that’s never panned out. (AP Photo/Bebeto Matthews, File)

Verizon takes $4.6 billion write-down on its media business

The company attributes the massive drop to stiff competition in the digital ad market and a failure to realize benefits from combining the two companies it bought, Yahoo and AOL.

Wall Street ends higher, with help from tech and health care stocks

Stocks couldn’t hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose.

Hologic wins ruling in case involving alleged theft of trade secrets

Marlborough medical-device maker is suing a former employee and a Chinese imaging company.

A box of Kotex tampons.

Some Kotex tampons recalled after reports of unraveling inside consumers’ bodies

Some Kotex tampons have been recalled after reports that the feminine-care product was unraveling and coming apart inside consumers’ bodies.

22wenewton - Timothy Springer of Chestnut Hill (John Hilliard)

This Harvard professor made $400 million in Moderna’s biotech IPO

Timothy Springer invested $5 million in the startup’s early days. His windfall is one in a series of savvy investments.

British Prime Minister Theresa May spoke Wednesday during Parliament’s weekly question and answer session.

Talking Points AM/Larry Edelman

UK Brexiters attempt a coup: Tories force a no-confidence vote on Theresa May

The British prime minister is fighting for her job after at least 15 percent of the ministers in her Conservative party — the minimum needed — called for a vote of no confidence in her leadership.

Northeastern University has been hiring more therapists this year to add to its staff of 12 people who work with about 20,000 students.

Tech firms enter the business of campus mental health care

At many college counseling centers therapists are overwhelmed and students are forced to wait weeks for an appointment.

Wayfair has received $1.4 million in state tax credits during the past five years.


Who needs Amazon? We’ve got Wayfair

State officials are going back to the tax-credit well for Wayfair — the online seller of furniture and other home goods that is growing at a breakneck pace in Boston.

Protesters picketed outside of CBS’s shareholders meeting in New York Tuesday. No one at the meeting brought up sexual harassment.

With new board in place, CBS will decide on Moonves’ exit pay after scandal

The newly elected CBS board faces daunting tasks: deciding whether former CEO Les Moonves gets a $120 million exit package following a sexual-misconduct investigation.

A woman walked by shelves displaying bottles of American wine for sale at a supermarket in Beijing on Tuesday. China has said it will increase purchases of US goods and services by $1.2 trillion over the next several years.

Trump administration to step up pressure on China

The Trump administration is planning a series of actions this week targeting China’s trade, cyber, and economic policies.

Workers picked meat from the lobster (top), which is rapidly frozen with nitrogen. The tail shells are composted nearby.


The grueling and messy work of lobster processing

Maine’s lobster processing industry has been thriving in recent years. Since Shucks Maine Lobster opened in 2006, the lobster catch in Maine has nearly doubled, as has its value.

Google CEO Sundar Pichai spoke during a House Judiciary Committee hearing in Washington, D.C., on Tuesday, at which he the company strives to be politically neutral.

Google is now in the congressional spotlight as CEO Sundar Pichai testifies on Capitol Hill

Google is now in the congressional spotlight as CEO Sundar Pichai testifies on Capitol Hill

Aetna settles with state over ‘ghost networks’

The health insurer has agreed to vastly improve information for consumers, after an investigation by the Massachusetts attorney general found that its provider directories are inaccurate and deceptive.

Wild ride to nowhere: Stocks rise, fall, then end the day where they started

Stocks careened between big gains and losses on Tuesday, the latest dizzying run for a market that’s been dominated by turmoil in recent months.

Business agenda

A social media panel, a holiday party, and other events and things to know.

Google CEO Sundar Pichai testified Tuesday before the House Judiciary Committee.

OK, Google, which side are you on? CEO is grilled by House committee

Google’s Sundar Pichai faced tough questions from Republicans and Democrats in his first congressional appearance.

Grace Greene and her husband John (not pictured), have had to place about $10,000 dollars on their credit card, after a travel vacation issue.

After winning island vacation in silent auction, family feels taken

When they arrived at the Dominican resort, they were told they owed almost $10,000 more upfront for food and drink and could not check in until they paid up.

Talking Points | Larry Edelman

Ten years later — The Madoff legacy? ‘No one remembers a thing’

It was just a few months after Bernie Madoff’s Ponzi scheme blew up that the stock market bottomed out and began what many consider the longest bull market on record.

Siding with Qualcomm, the court may block the sale of certain iPhone models in China.

Chinese court says Apple infringed on Qualcomm patents

The court ruling is the latest turn in the two companies’ fight over Apple’s use of Qualcomm technology in iPhones.

Google’s revelation could sharpen the scrutiny of CEO Sundar Pichai when he testifies to Congress on Tuesday.

Google reveals new security bug affecting more than 52 million users

Google reveals new security bug affecting more than 52 million users

Business agenda

A salary negotiation workshop, office hours, and other events and things to know.

Fidelity widens its lead in cash business by adding $50 billion

Fidelity Investments is dominating a business that is thriving even as stocks and bonds struggle.

Carlos Ghosn, 64, remained in detention in Tokyo, where he has been held since being arrested Nov. 19.

Ghosn, ex-Nissan chief, and Nissan are charged with misstating his pay

TOKYO — Prosecutors in Japan on Monday indicted Carlos Ghosn, the former chairman of Nissan Motor, and the auto company itself on charges that they had violated financial laws by underreporting Ghosn’s compensation.

SNOW SLIDER4 East Boston, MA -- 3/13/2018 - A man walked past an empty ticketing area for Delta at a deserted Logan Airport after a Nor'easter cancelled the majority of flights. (Jessica Rinaldi/Globe Staff) Topic: Reporter: snow storm nor'easter blizzard


Delta plans massive expansion at Logan, will reclaim most all of Terminal A

Delta unveiled ambitious plans on Monday to fulfill the pledge its chief executive made last year, plans that will make Logan the airline’s fastest-growing airport in 2019.

Harper Oates smiled widely next to “Fearless Girl” on Monday.

Brookline mom, daughter helped make ‘Fearless Girl’ more accessible at new site

Six-year-old Harper Oates’ heavy wheelchair made it impossible for her to get close at the statue’s former location.

James Denaro, right, talks stock prices at the New York Stock Exchange, Monday, Dec. 10, 2018. (AP Photo/Mark Lennihan)

Dow closes up 34 points after a 500-point loss in earlier trading

Stocks ended another bumpy day slightly higher as gains by big technology companies helped the market erase an early plunge.

JD Sherman


No blarney: Kid who grew up fond of Ireland now helps run a big office there

JD Sherman had no way of knowing he would someday run a company, HubSpot, that will soon employ more than 1,000 people in his grandparents’ homeland.

The Fearless Girl statue is unveiled at her new home facing the New York Stock Exchange (NYSE) during an event on December 10, 2018 held by the city of New York and State Street Global Advisors. (Photo by TIMOTHY A. CLARY / AFP)TIMOTHY A. CLARY/AFP/Getty Images

‘Fearless Girl’ statue gets new permanent home

The bronze statue that inspired millions with a message of female empowerment has a new permanent home in front of the New York Stock Exchange.

Bernard Madoff.

Talking Points | Larry Edelman

Bernie Madoff and the coming stock market apocalypse

After a tumultuous couple of months, it feels like our good luck is about to run out. Is it?

Former Nissan Motor Co. Chairman Carlos Ghosn in a news program on Monday in Tokyo.

Prosecutors in Japan indict Carlos Ghosn and Nissan

Tokyo prosecutors have charged Nissan's former chairman Carlos Ghosn, another executive and the automaker itself for allegedly underreporting income.

In 2016, Mylan CEO Heather Bresch testified before Congress about EpiPen price increases.

Amid suspicions of price-fixing, probe of generic industry grows to 300 drugs

What started as an antitrust lawsuit brought by states over just two generic drugs in 2016 has exploded into an investigation of alleged price-fixing involving at least 16 companies and 300 drugs.

A sign in the offices of Lean In. Sheryl Sandberg’s message largely won over the feminist mainstream, and she became one of its best-known leaders.

Lean In movement may have a Sheryl Sandberg problem

Amid a flurry of damaging headlines surrounding the Facebook executive, the organization is trying to figure out how independent it can become from the Sheryl Sandberg brand.

The week ahead in business

Holiday parties, innovation showcases, and other events and things to know.

This year’s opening of the MGM Springfield casino is one of the positive developments in Springfield.


New bank may be a sign things are looking up in Springfield

Is it another sign that Springfield’s economic renaissance has finally taken hold?

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.