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

More business headlines


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.

TECHNOLOGY

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.

RI FOOD & DINING

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.

RI BUSINESS

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.

Airlines could face more fines for mishandling wheelchairs under a Biden administration proposal

Damage to wheelchairs and scooters during air travel is a growing problem. The Transportation Department said 11,527 of the devices were mishandled by airlines last year, up from 10,337 in 2022.

IDEAS | SHIRLEY LEUNG

Downtown advice from other cities

Every big downtown is adjusting to having fewer office workers. Some of those adjustments are worth borrowing.

TALKING POINTS

No surge pricing for Wendy’s

Stories you may have missed from the world of business.

US economy grew solid 3.2% in fourth quarter

The expansion in the nation’s gross domestic product — the economy’s total output of goods and services — slipped from a red-hot 4.9 percent from July through September.

FAA gives Boeing 90 days to develop plan to address quality control issues

It is the regulator’s latest push for safety improvements after a panel came off a Boeing 737 Max 9 jet in flight in early January.

An outlet mall in Kittery, Maine, to be demolished for hotel, officials say

The property is one of the shopping plazas that has made the southern Maine town a shopping destination for decades.