The Latest in Financial & Business News

Indonesian fisherman Adrie Nelwan held a sign during a Rally for Migrant Fishers Rights at the Seafood Expo. Migrant fishermen from Indonesia and their allies called for Wi-Fi on every vessel in the Taiwanese fleet to the biggest seafood companies at the Seafood Expo North America.

Fishermen for Taiwanese suppliers rally for better conditions at Boston seafood trade show

Without Wi-Fi, fishermen — many of whom are migrant workers — are isolated from their families, employers, and unions, said Valery Alzaga, deputy director of Global Labor Justice-International Labor Rights Forum.

Less money, less house: How market forces are reshaping the American home
The nation's biggest and most powerful home builders are finally building more smaller ones, driving a shift toward more affordable housing.

Mass. cannabis delivery businesses say they barely break even. Will new rules help?
Massachusetts operators like Doobie, Rolling Releaf, and Lucky Green Ladies have faced thin margins in the dispensary-to-door business. New state regulations could change that.

DOJ opens criminal investigation into the Alaska Airlines 737 plane blowout, report says
The Wall Street Journal reported that investigators have contacted some passengers and crew who were on the Jan. 5 flight.

Biden signs a package of spending bills passed by Congress just hours before a shutdown deadline
President Biden on Saturday signed a $460 billion package of spending bills approved by the Senate in time to avoid a shutdown of many key federal agencies.

To give now or to give later? That’s the debate roiling philanthropy today.
Thanks to donor-advised funds, Fidelity Charitable is now the country’s largest public charity. But critics say these accounts can warehouse billions of dollars indefinitely without reaching charities.

Old money meets new approaches as Boston’s asset managers update their offerings

Nathan Guo, left, and his wife, Ada Lio, encourage their 19-month-old son, Lucas Guo, to take steps in his gate trainer at their home in Somerville. Lucas has one of the world's rarest diseases, ZTTK syndrome. He has weak muscle tone and multiple developmental delays. He can't crawl or stand on his own.

A Somerville boy has one of the world’s rarest diseases. His parents are determined to find a cure.

The rise and fall of Drizly, one of Boston’s great startup stories

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.

BoZton, a video series for The Hub's Gen Zers

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

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 AI

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 once again reinventing itself

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

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

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

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More business headlines

Houthi supporters attend a rally against the US airstrikes on Yemen and the Israeli offensive against the Palestinians in Gaza Strip, in Sanaa, Yemen, on March 8.

Yemen’s rebels target Singapore-flagged ship in Gulf of Aden as US and allies down Houthi drones

An attack by Yemen’s Houthi rebels set off explosions ahead of a Singapore-flagged vessel in the Gulf of Aden, authorities said, the latest in a campaign of assaults by the Iranian-backed group over Israel’s war on Hamas in the Gaza Strip. 3:35 a.m.

Fans sit under a TikTok ad at a baseball game at Yankee Stadium.

A bill that could lead to a nation-wide TikTok ban is gaining momentum. Here’s what to know.

On Thursday, a House panel unanimously approved a bipartisan bill that would require the Chinese firm to divest TikTok and other applications it owns within six months of the bill’s enactment in order to avoid a nation-wide ban. 4:21 p.m.

The WHOOP sign in Kenmore Square (top left). The Wayfair office location on Boylston Street (top center). The lobby of the DraftKings Back Bay offices (top right). DataRobot's office in downtown Boston (bottom left). Cambridge software company HubSpot at the Boston Convention and Exhibition Center (bottom center). A 3-D printer at the Desktop Metal headquarters in Burlington (bottom right). All of these Boston-area tech companies have conducted layoffs in the last six months.

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. 3:36 p.m.

A view of Antico Forno on Salem Street in the North End.

North End restaurants go another round in their bout with Wu over outdoor dining

Aggrieved restauranteurs slammed the mayor for playing "political bingo" and doubled down on claims of discrimination and lack of transparency. 1:53 p.m.

Rupert Murdoch is engaged again

The 92-year-old media titan is once again engaged — this time to retired scientist Elena Zhukova. 1:53 p.m.

A sign for Eli Lilly & Co. sits outside their corporate headquarters in Indianapolis on April 26, 2017.

FDA will take a deeper look into the safety and effectiveness of Lilly experimental Alzheimer’s drug

Lilly had expected the Food and Drug Administration to decide on donanemab’s approval by the end of the month. But the drugmaker said Friday that the agency now wants more information about its safety and effectiveness. 12:13 p.m.

Southcoast's hospitals include St. Luke's in New Bedford.

Southcoast Health emerges as possible buyer for Steward’s Fall River hospital

Southcoast, a nonprofit system, already operates three hospitals in Massachusetts, including Charlton Memorial in Fall River. 12:06 p.m.

The Twin Brooks golf course in Hyannis, Mass.

This Cape Cod golf course was going to be 300-plus apartments. Now, it’s set to be a private school.

The project ignited a contentious debate that pitted housing advocates and environmental interests against each other, and framed a broader conversation about the future of the Cape. 9:09 a.m.

An emergency room in Steward's Morton Hospital.

Senators demand answers from Steward Health Care and its CEO

The information could reveal whether Steward has violated securities laws and whether its executives have violated their fiduciary duties, Senators Elizabeth Warren and Edward Markey said. 8:59 a.m.

An employee straightens displays at a Kohl's store in Clifton, N.J., on Jan. 26.

US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength

Friday’s government report reflected the job market’s sustained ability to withstand the 11 rate hikes the Federal Reserve imposed to fight inflation, which made borrowing much costlier for households and businesses. 8:51 a.m.

Amylyx cofounders Joshua Cohen (left) and Justin Klee in Cambridge.

In setback for ALS patients, Cambridge biotech’s drug fails clinical trial, could be withdrawn from market

The drug, called Relyvrio, was approved in September 2022 even though an advisory panel to the FDA cited weak scientific evidence in its recommendation that the agency reject it. 8:50 a.m.

John Brennan, a former Boston Beer brewery sales representative in New Hampshire, filed a lawsuit against the company in January after an executive there contacted his new employer, Lone Pine Brewing Co. in Maine, and threatened legal action over the noncompete agreement.

The brewer behind Sam Adams has long kept former employees on a tight leash. Now some are suing to break free.

Boston Beer Co. requires workers to sign noncompete agreements, which former employees say stifle their ability to make a living. 5:51 a.m.

Several websites have appeared recently with names suggesting US-based journalism, but they are all Russian creations.

Spate of mock news sites with Russian ties pop up in US

The websites are meant to mimic actual news organizations to push Kremlin propaganda by interspersing it among an at-times odd mix of stories about crime, politics, and culture. 8:38 p.m.

TALKING POINTS

Iberdrola owns an 82 percent stake in Avangrid and is offering $34.25 a share to buy the rest.

Parent of Avangrid wants to own all of it

Stories you may have missed from the world of business. 7:46 p.m.

The entrance at Boston Scientific's global headquarters in Marlborough.

Boston Scientific likely faces FTC scrutiny on $3.7 billion Axonics deal

The deal would give the Massachusetts-based firm — whose urology business brought in $1.96 billion in 2023 — the two leading treatments for stress urinary incontinence in women. 6:01 p.m.

A General Electric F110 turbofan jet engine. GE Aerospace is poised to become an independent company following the April 2 spinoff of GE Vernova, its collection of energy-related businesses.

GE Aerospace sets tone with post-breakup profit goal, dividend

Operating earnings at GE Aerospace are forecast to reach $10 billion by 2028, the company said Thursday in a statement, up from a maximum of $6.5 billion expected this year. 5:59 p.m.