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on the street
On the Street: Fields Corner
Fields Corner, a Vietnamese enclave, boasts locally owned businesses. But as development continues, rising costs threaten to displace residents. (Shelby Lum/Globe Staf)

Known for its diversity, Fields Corner now must make room for development

Residents have come to know Dorchester’s Fields Corner as a place where newcomers can find a home. From Vietnamese to Haitian Creole to Spanish to Portuguese, signs in the store windows and chatter on the street reflect a neighborhood like few others in Boston.
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A Vietnamese enclave faces growing pressure

As new developments spring up around Fields Corner, the same displacement challenges facing Vietnamese residents also face its business owners.

Creating small-scale solutions to a big housing crunch

Experiments in a different sort of affordable housing are cropping up in Fields Corner as local developers grapple with rising demand to live in a neighborhood where the median income is 50 percent lower than the city as a whole.

Latest Business Headlines

At Studs in the Seaport District, a holistic approach to ear bling

Hoops, studs, cuffs, and dangles. Those are just a few of the earrings styles offered at at Studs, a buzzy store that popped up at The Current in the Seaport District this week.

EU agrees potential 1.8 billion-dose purchase of Pfizer jab

The European Union cemented its support for Pfizer-BioNTech and its novel COVID-19 vaccine technology Saturday by agreeing to a massive contract extension for a potential 1.8 billion doses through 2023.

COVID-19 relief efforts for India gather steam; tech executive Jonathan Bush commits up to $500,000

Several Massachusetts business executives have assembled millions of dollars in medical equipment for India, which they are airlifting to the virus-ravaged country.
Signage displayed on a fence at the Colonial Pipeline Co. Pelham junction and tank farm in Pelham, Alabama.

Major US pipeline halts operations after ransomware attack

Colonial Pipeline, the largest US gasoline and diesel pipeline system, halted all operations Friday after a cybersecurity attack.
Vineyard Wind has picked GE's Haliade-X model for the offshore wind farm south of Massachusetts. A prototype is seen in this photo.

Baker administration kicks off new round of bidding for offshore wind contracts

The race is on for the biggest round of offshore wind energy contracts in Massachusetts so far.
A sign advertising job openings at a restaurant in Detroit in May. Hiring in the hospitality and leisure sector was robust in April, but job growth overall was surprisingly weak.
larry edelman

The jobs report is too bad to be true: The economy will be fine

The current economic boom — powered by vaccinations, the easing of COVID restrictions, and massive federal stimulus spending — hasn’t run out of gas. Not even close.
Founder and chief scientific officer of Talaris, Suzanne Ildstad, and chief executive Scott Requadt.

Talaris completes $150 million IPO as it goes after organ-transplant drugs

Talaris Therapeutics, a biotech founded nearly 20 years ago, has gone public in the latest initial public offering in the local life sciences industry.

inequality at work

"It was such a toxic, damaging culture. It made me feel like a commodity, considering I was out selling this program. And in a lot of ways I felt like I was selling myself," said Angela Chan O'Donnell.

‘He asked me if I wanted to date a board member’: An Asian American grant writer on being treated like a commodity at work

Event planner Myriam Michel.

A Black event planner on standing out in a mostly white industry

Juan Lopera is vice president of marketing for public plans and corporate business diversity officer at Tufts Health Plan.

‘I felt liberated knowing I didn’t have to try to sound like a white executive’

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More business headlines

Housing activists erect a sign in front of Massachusetts Gov. Charlie Baker's house in Swampscott, Mass. on Oct. 14, 2020.

Biden administration allocates $21.6 billion in rental assistance

The Biden administration announced the allocation of $21.6 billion in emergency rental assistance to help prevent evictions of people who lost jobs during the pandemic.

Chelsea Eats participant Gloria Caballero said the program has helped her afford products other assistance programs don't cover.

Participants in Chelsea’s guaranteed income experiment are mostly spending at food stores, restaurants

City manager Thomas G. Ambrosino says a preliminary report shows people are using the monthly stipends “responsibly.”

TripAdvisor's headquarters in Needham.

TripAdvisor removes review of Auschwitz Museum after initially saying it complied with guidelines

The museum at the site of the Nazi concentration camp in Poland on Thursday tweeted that it had asked the Needham-based travel website to take down the review.

The New York Stock Exchange.

Stocks rally to records after grim jobs data undercuts rates

Stocks are rallying toward records on Wall Street Friday despite a grim report that showed hiring fell off sharply across the country last month.

A Help Wanted sign hangs in the window of a restaurant in the Greenwich Village neighborhood of Manhattan in New York.

US economy added 266,000 jobs in April, fewer than expected as hiring slows

America’s employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers as the economic recovery strengthens.

Eli Broad and his wife, Edythe Broad, in 2015.

Eli Broad’s medical research legacy will ‘touch almost the whole world’

Broad’s name will forever be tied to the role that the institute he founded played in helping the region emerge from the global pandemic. But the billionaire philanthropist, contemporary art collector, and entrepreneur, who died April 30, will be remembered for much more.

Moderna CEO Stephane Bancel.

Moderna’s CEO says he ‘didn’t lose a minute of sleep’ over potential waiver of vaccine patents

Chief executive Stephane Bancel said there aren’t enough manufacturing sites or skilled workers in the world to rapidly ramp up the supply of messenger RNA vaccines.

A rendering of the outpatient surgery center that Mass General Brigham is planning to build in Westborough.

Mass General Brigham’s plan for surgical centers in suburbs stirs controversy

An ambitious expansion plan by Mass General Brigham for Westborough, Westwood, and Woburn has set off a fight about the future of outpatient health care in Massachusetts. Competitors worry that the already dominant health care provider could become even more powerful.

database

See all the Mass. companies approved for PPP loans

A full list of the local companies and non profits that have been awarded money from the federal government’s small business loan program.
Most PPP money in Mass. went to a small number of companies What we know about PPP in the federal stimulus bill