The Latest in Financial & Business News

In this Monday, March 1, 2021 file photo, the first Alaska Airlines passenger flight on a Boeing 737-9 Max airplane takes off on a flight to San Diego from Seattle-Tacoma International Airport in Seattle.

Federal officials order grounding of Boeing 737 Max 9 jetliners after a plane suffers a blowout

Federal officials on Saturday ordered the immediate grounding of Boeing 737 Max 9 jetliners until they are inspected after an Alaska Airlines plane suffered a blowout that left a gaping hole in the side of the fuselage.

FDA issues first approval for mass drug imports to states from Canada
The Food and Drug Administration has allowed Florida to import millions of dollars worth of medications from Canada at far lower prices than in the United States, overriding fierce decadeslong objections from the pharmaceutical industry.

Florida can import prescription drugs from Canada, US regulators say
In a first-of-the-nation plan to import cheaper medication, Florida was approved by the Food and Drug Administration on Friday to receive prescription drugs from Canada.

Cambridge, Brookline among seven Mass. communities OK’d for gas-ban pilot program
These communities will require new construction and major renovation to embrace fossil fuel-free infrastructure for uses like heating and cooling.

Raymour & Flanigan, Bob’s Discount Furniture to open at Assembly Row
The new shops will replace the Christmas Tree Shops and Bed Bath & Beyond, both of which filed for bankruptcy in 2023.

Robert Gavin | Trendlines
The case of the disappearing Massachusetts residents
While the overall population is growing again, concerning trends remain in place – namely the flight of residents to other states.

How a billionaire grocer from New Hampshire built one of Boston’s biggest tech companies

Frank Agresti visited the grave of his wife, Lorene, for the first time since he had a "porcelain portrait" of them permanently fixed to the headstone at the Wildwood Cemetery.

A snapshot, a headstone, and a final wish realized

The Dana-Farber Cancer Institute plans to work in partnership with Beth Israel Deaconess Medical Center.

How many cancer beds does Boston need? Planned Dana-Farber hospital sparks questions.

Gen Z in Boston

In Chapter One of BoZton, we’ll touch on the burdens of soaring rent, the scramble to find an apartment, and the elusive dream of homeownership as it pertains to young people of the city.

Introducing BoZton, a video series for The Hub's 20-somethings

In Chapter One, we break down the burdens of housing for the city's Gen Z population.

Watch the trailer Can young people make it in Boston?

tech power players 50

Introducing the Tech Power Players 50 list of 2023

Our second annual ranking spotlights leaders keeping New England’s technology scene vibrant in a challenging climate.

See who ranked No. 1Explore the full project

BOLD TYPES

Rana el Kaliouby sits down with Globe reporter Janelle Nanos to talk about human-first AI.

Rana el Kaliouby talks human-first artificial intelligence

Globe reporter Janelle Nanos sits down with leaders in the city’s business community to talk career paths, accomplishments, and visions for Boston’s future.

Explore the full series

ON THE STREET

A heart sculpture on display near Framingham's downtown, with "welcome" written in a variety of languages.

Framingham is reinventing itself. Again.

The On the Street series looks at the past, present, and future of neighborhoods in Greater Boston.

Framingham’s public schools offer a pipeline for inclusionExplore the full series

See the Tech Unicorn Tracker

The Boston Globe's tech unicorn tracker lists startups headquartered in Massachusetts that have a valuation of at least $500 million.

Tech Power Players 50 nominations for 2024 now open

Tell us who should be on our list of the most influential and interesting people on the Massachusetts technology scene.

Listen to Globe Opinion's new podcast, ‘Say More with Shirley Leung’

Congress Street in Boston's Financial District on July 29, 2020.

Sign up for Trendlines, the business newsletter from Larry Edelman

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More business headlines

The Barbara Lynch Collective said Friday that its three adjoining Fort Point restaurants — Menton, pictured here, as well as Sportello and Drink — would close immediately.

Read Barbara Lynch’s statement on closing and selling multiple of her restaurants

Famed Boston restauranteur Barbara Lynch is closing three of her renowned restaurants and selling off two more. Read a statement on the decision. 12:27 p.m.

Barbara Lynch photographed inside of her South End restaurant, The Butcher Shop, in 2018.

Embattled Boston restaurateur Barbara Lynch to close three restaurants, sell two others

Only No. 9 Park, B&G Oysters, and The Rudder, her newly opened Gloucester restaurant, will remain open. 12:25 p.m.

NH BUSINESS

Blockchain potential excites N.H. lawmakers

With a 340-33 vote, the New Hampshire House approved a bill to “revolutionize” the ways people can create corporations in New Hampshire. 11:20 a.m.

An employee of the Lexington Candy Shop prepares a Coke float at the luncheonette on Sept. 28, 2023, in New York.

US employers added a surprisingly strong 216,000 jobs in December, a sign of continued economic strength

The latest data reflect an economy and a job market that are decelerating back to pre-pandemic norms. 8:44 a.m.

THE FINE PRINT

Gift cards displayed at a Target store. You can buy gift cards in grocery stores and elsewhere without worrying about size or style.

Got gift cards as holiday presents? Here’s what to know about using (or selling) them.

The major takeaway about gift cards? Use them promptly to avoid losing or forgetting you have them. 8:06 a.m.

The recalls follow a recall in the US last month of more than 2 million of Tesla EVs to improve its system for monitoring drivers.

Tesla recalls over 1.6 million imported vehicles for problems with automatic steering, door latches

When the automatic steering function is engaged, drivers might misuse the combined driving function, increasing a risk of accidents, the notice said. 5:27 a.m.

TALKING POINTS

Ed Park, cofounder and chief executive of Devoted Health.

Devoted Health has raised $2 billion

Stories you may have missed from the world of business. 8:50 p.m.

State utilities regulators are launching an investigation into how to help lower-income residents afford higher electrical costs as Massachusetts builds out more green infrastructure, such as offshore wind farms.

As Mass. greens its electric grid, state looks for ways to help ease bills on low-income customers

The Department of Public Utilities has ordered a study of affordability programs in an effort to ease the burden of higher electrical costs. 7:56 p.m.

Car dealers back away from Buick amid lower sales, EV push

Even as General Motors prepares to roll out electric versions of its Buick vehicles, hundreds of Buick dealerships nationwide, including at least four in Massachusetts, are turning their backs on the brand. 5:57 p.m.

Harvard has an insulated process to find a new president.

How does Harvard choose its president, anyway?

It's unique in how it chose Claudine Gay, and her predecessors, to lead. 5:51 p.m.

Pepsi soft drinks in plastic bottles are on sale at a grocery store in New York on Nov. 15, 2023.

Major French retailer drops Pepsico products over high prices

The economic headlines in Europe have been glowing recently: Inflation, according to official statistics, is finally coming down. But tell that to consumers still facing runaway prices when they head to the supermarket. 5:25 p.m.

A sign reading "Now Hiring" is posted outside a hotel on Jan. 3 in Los Angeles, Calif.

US companies ramped up hiring in December, ADP data show

Private payrolls increased 164,000 last month, the most since August, according to figures published Thursday by the ADP Research Institute in collaboration with Stanford Digital Economy Lab. 4:46 p.m.

Semiconductor shortages helped motivate lawmakers to pull together a funding bill aimed at shoring up American manufacturing and reducing reliance on foreign chips.

US plans to award chip supplier $162 million to bolster critical industries

The investment will enable Microchip to increase its production of semiconductors that are used in cars, airplanes, appliances, medical devices, and military products. 3:46 p.m.

Protesters calling for a cease-fire in Gaza gather in the rotunda of the Capitol during the first day of the California legislative session in Sacramento, Calif., Wednesday, Jan. 3.

Jewish protesters calling for cease-fire in Gaza disrupt first day of California legislative session

Hundreds of protesters gathered in the California Capitol building on Wednesday and called for a cease-fire in the Israel-Hamas war, prompting the Assembly to adjourn minutes after convening for the first day of the legislative session. 1:31 p.m.

Jeff Speck (left) is teaming up with Chris Dempsey to launch an urban design firm, Speck Dempsey LLC.

Jeff Speck, Chris Dempsey team up to launch new urban design firm

Two local planners aim to make America more walkable. 1:05 p.m.

Microsoft's new Copilot key is seen on a Dell computer, next to the alt key, in this undated photo provided by AxiCom.

Microsoft’s new AI key is first big change to keyboards in decades

Starting this month, some new personal computers that run Microsoft’s Windows 11 operating system will have a special “Copilot key” that launches the software giant’s AI chatbot. 12:31 p.m.