fb-pixelThe Latest in Financial & Business News - The Boston Globe Skip to main content

More business headlines


Lobster catch dips to lowest level since 2009 as fishers grapple with climate change, whale rules

Members of the lobster industry, based mostly in Maine, have said they face existential threats from proposed rules intended to protect the North Atlantic right whale and climate change that is influencing where lobsters can be trapped.

Healey’s life sciences plan: Another $1 billion investment, with some new areas of focus

Lawmakers are so far noncommittal on funding the proposal, which will be part of a broader economic development bill the Healey administration is expected to file soon.

ON THE BLOCK

Homes for sale on streets named for famous writers

Curl up with a book in these sun-drenched houses in East Boston and Waltham.

These 10 homes were among the most expensive sold in Massachusetts in 2023

In the past year, a number of properties across the state came with eight-digit price tags. The most expensive home, a sprawling estate on Nantucket, went for more than $38 million.

THE FINE PRINT

A billing dispute over hearing aids offers some valuable lessons

Months after paying $2,450 for hearing aids, Kevin Hamilton received a surprise "dispensing fee" bill for $1,000.

Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity

In the lawsuit, Musk said when he bankrolled OpenAI's creation, he secured an agreement with Altman and Greg Brockman, the president, to keep the AI company as a non-profit that would develop technology for the benefit of the public.

TALKING POINTS

Best Buy’s sales down last quarter

Stories you may have missed from the world of business.

State Street withdraws from $68 trillion climate investing group

The Boston-based firm said the organization has hamstrung the firm’s own approach to the matter and its ability to interact with corporations.


Healey aims to invest $1 billion to boost Mass. climate-tech economy

The investment is designed to make Massachusetts a climate-tech epicenter, much like how similar public investments launched about 15 years ago solidified this state’s leadership in life sciences.

A key inflation measure moderated in January

The personal consumption expenditures price index climbed 2.4 percent last month compared with a year earlier. That was in line with what economists had forecast and down from the 2.6 percent December reading.

RI HEALTH CARE

In R.I. nursing homes, deficiencies are on the rise. Advocates demand better standards.

Nursing homes in Rhode Island are increasingly failing to meet federal requirements that govern patient care, including preventable deaths.

Boston nonprofit commits over $60 million to White House anti-hunger effort

About Fresh also pledged $2.2 million over three years to support its Fresh Truck program, which deploys retrofitted school buses as mobile markets to bring fresh food to neighborhoods.

TECHNOLOGY

R.I. Governor McKee signs executive order on artificial intelligence

A task force headed by former US Representative James Langevin will advise the state on the risks and opportunities of artificial intelligence, and a new Center of Excellence for AI will create a state code of ethics for AI.

A running list of layoffs in the Boston-area tech sector

Dozens of companies have reduced their workforces, ranging from the regional offices of the tech giants to startups that have only been in a business a few years.

RI FOOD & DINING

A little neighborhood restaurant was named a James Beard semifinalist. And then rumors swirled that it closed.

Here’s what the next chapter of Bywater in Warren, R.I., looks like

Larry Edelman | Trendlines

The good, the bad, and the ugly of private equity

Most dealmakers aren’t Gordon Gekko. Nor are they Robin Hood.