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US joins in other nations in swearing off coal power to clean the climate
The United States is now committed to the idea of phasing out coal power plants, joining 56 other nations in kicking the coal habit.
Biden rule aims to reduce methane emissions, targeting US oil and gas industry for global warming
The Biden administration on Saturday issued a final rule aimed at reducing methane emissions, targeting the US oil and natural gas industry for its role in global warming as President Biden seeks to advance his climate legacy.
Broadcom closes downtown Boston office, cutting 150 jobs
The move is as part of a much broader cost-cutting effort following the completion Broadcom's VMware acquisition last week.
US to limit China’s ability to benefit from electric vehicle industry
The Biden administration proposed new rules Friday aimed at shifting more production of electric vehicle batteries and the materials that power them to the United States, in an attempt to build up a strategic industry now dominated by China.
DCD Automotive drops the famed Boch name from eight dealerships
Affected dealerships include the Boch Honda and Boch Toyota stores on the “Automile” stretch of Route 1 in Norwood.
bozton
When you can’t afford to live in Boston, where do you go?
The third episode of the BoZton video series examines what the city loses when its sky-high cost of living pushes young people away.
R.I. reaps millions in first year of recreational cannabis sales
Despite a slow rollout, monthly recreational sales have doubled over the past year while medical sales have steadily decreased.
Larry Edelman | Trendlines
Cumberland Farms scion George P. Haseotes bets big on St. Regis condos
Haseotes, who has locked down 10 units in the Seaport tower, appears to believe that the market will turn around as mortgage rates decline.
TALKING POINTS
Average long-term US mortgage rate falls for a fifth week
Stories you may have missed from the world of business.
Federal Reserve’s preferred inflation gauge shows price pressures continuing to cool
Thursday’s report from the Commerce Department said prices were unchanged from September to October, down from a 0.4 percent rise the previous month.
OPEC Plus cuts production further to blunt falling oil prices
Even with the consortium’s latest move to reduce output, analysts speculate that prices may not rise considerably at a time when inventories are flush and nations outside OPEC have expanded production capabilities.
Autoworkers strike cut Ford sales by 100,000 vehicles and cost company $1.7 billion in profits
Ford will work to offset that cost through higher productivity and reducing expenses, said chief financial officer John Lawler.
‘Hypervisible and invisible’: Olin College president discusses journey as a Black woman in engineering
"I’ve gotten accustomed to entering spaces where I am the first, or the only," said Gilda Barabino.
Everett soccer stadium for Revolution hits legislative roadblock — again
The project faces an unclear future after legislative leaders failed to lift the industrial designation from a key property.
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.
Quiet cutting: Wayfair undergoes multiple, small rounds of layoffs
The Boston online retailer has cut dozens of jobs in recent weeks, despite undergoing two major layoffs over the past 18 months.