More business headlines
Papa Gino’s, a longtime New England pizza chain, will soon have Chicago owners
The chain, founded in East Boston in 1961, marks yet another ownership change in its long history of expansion and financial turmoil.
The Children’s Place has filed for bankruptcy. Its Mass. stores could be on the chopping block.
The Children’s Place said it is looking to sell “substantially all of its assets” and will be soliciting bids over the next month in hopes of finding a buyer to keep the business going.
MIT Graduate Student Union reaches tentative agreement with university leaders, bypassing planned strike
A strike is postponed pending ratification of an agreement between graduate student workers and MIT leaders. The vote is expected to be held by Nov. 15.
Tenants rally for 70-year-old East Boston resident facing no-fault eviction by ‘efficiency’-driven real estate start-up
Jose Velasquez, 70, is facing a no-fault eviction from his East Boston apartment that he’s lived in for two decades, after the building was bought by Groma last year.
‘Don’t give up on your local store.’ Small grocers across New England struggle with empty shelves, low supplies as strike drags on.
Independent grocers in the region say a distribution center strike has disrupted deliveries.
What we know — and what we don’t — as Nvidia investigates an alleged spy plot involving its CEO
Stunning allegations of a spy plot have prompted investigations of Nvidia CEO Jensen Huang’s affair with a purported Chinese government agent.
Nvidia chief told Trump he did not know Chinese woman was suspected spy
President Trump told reporters that he believed Jensen Huang’s account and said he did not recall receiving a briefing warning him about Huang’s liaison.
Justice Department sues Lyft alleging discrimination against riders with disabilities
The lawsuit is the latest from the federal government that targets ride-hailing companies for treatment of would-be riders with disabilities.
Elevated inflation keeps pressure on Fed to raise rates
Overall prices rose 0.4 percent in October after a 0.6 percent jump in September, according to the latest consumer price index report.
Anthropic seeks valuation of about $1.3 trillion when it becomes a publicly traded company
The company behind the Claude chatbot said in a regulatory filing that it will sell 825 million shares priced between $70 and $78 a share.
The Kraft Group wants to build a $16 billion data center campus in a small Central Mass. town
The proposed project, which would be the fourth-largest data center in the US, faced intense criticism at a Select Board meeting in Sutton.
Meghan Markle makes first public appearance since father’s arrest
Prince Harry spoke at the European Parliament in Brussels during the opening of a memorial to children who have died as the result of harm suffered on social media.
Nvidia and Jensen Huang face shareholder lawsuit alleging investors were misled about spy affair
The complaint comes after President Trump said the FBI is investigating the affair, which Huang has acknowledged and apologized for.
POWER PLAY
Joe Milano sold Union Oyster House to a Republican from Texas? Explain yourself, Joe.
Also: Liberty Square promotes from within, Boston’s building slowdown, Encore’s profitable future.
Citing ‘equity,’ this Western Mass. school said it would close its child care center. Parents are in an uproar.
Smith College recently announced plans to close its child care center. The news sparked hard conversations about equity, caregiving, and community in this college town.
Homes in a ‘low-priced town’ in Greater Boston are now $600,000, a new report says. Here are five striking findings.
The Boston Foundation's latest report card paints a grim picture of a stagnating housing market.