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

More business headlines

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.


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.


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.


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.


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.

US applications for jobless benefits rise but remain historically low despite recent layoffs

Massachusetts reported 9,276 new “advance” initial claims for unemployment insurance last week.

Will fast-food restaurants try surge pricing? Here’s how that might work.

There was a lot of talk this week that Wendy’s might start charging higher prices for burgers and fries during the busiest times of day. While the company backed away from the concept, the idea is far from dead.


Rhode Island surpasses neighbors in business tax rankings as Massachusetts plummets following ‘millionaires tax’

Rhode Island inches up to 41st in Tax Foundation rankings as Massachusetts drops from 34th to 46th after applying a 4% surtax on income over $1 million. Connecticut remains stuck at 47th.

Leap year software glitch shuts down gas pumps across New Zealand

Fuel suppliers Z Energy, Allied Petroleum and Gull said automated pumps were down across the country, leaving only staffed stations able to process payments.

Biden administration to investigate national security risks posed by Chinese-made ‘smart cars’

The probe could lead to new regulations aimed at preventing China from using sophisticated technology in electric cars and other so-called connected vehicles to track drivers and their personal information.