Major concert club planned for near North Station

‘Big Night Live’ will occupy 40,000 square feet and hold up to 2,000 people.

Boston, MA - 2/27/2018 - Massport CEO Tom Glynn of Massport speaks during a panel to discuss the Boston Globe Spotlight Team's series on race at the JFK Memorial Library in Boston, MA, Feb. 27, 2018. (Keith Bedford/Globe Staff)

Can the Massport board look beyond the usual players as it hires a new CEO?

The Massachusetts Port Authority board hasn’t picked a headhunting firm yet to replace its departing CEO, but the jockeying for the job has already begun.

A view of Long Island City in Queens, where Amazon plans to build a campus for up to 25,000 employees.

Was Boston just not big enough for Amazon?

Amazon on Tuesday confirmed that it will split its second headquarters between the Washington, D.C., region and New York City.

Amazon’s headquarters in Seattle.

Chesto means business

We may have ‘lost’ Amazon HQ2 but we still won in other ways

State officials and real estate brokers have a ready-made list of properties that community leaders are eager to see developed.

Latest Business headlines

MassChallenge is looking for a new CEO

John Harthorne is stepping down to form a venture designed to help participants grow after they complete the program.

DraftKings to open betting facility in Atlantic City

DraftKings and Resorts Casino are firing the latest shot in New Jersey’s sports book arms race, with a full-fledged sports betting facility due to open in a week.

Bitcoin plummets below $6,000 to lowest level in over a year

Bitcoin tumbled below $6,000 for the first time since August and reached its lowest level in over a year, breaking the recent stretch of tranquility exhibited by the notoriously volatile digital alternative to cash.

Gillette battles back in razor business

A P&G spokesman says the grooming business enjoyed double-digit sales and volume growth in the last quarter in the United States.

Postal Service in red for 12th year as letter mail drops

The US Postal Service on Wednesday reported a financial loss for the 12th straight year, citing declines in mail volume and the costs of its pension and health care obligations.


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Globe Magazine

Special section | Game Changers

// 51 bright ideas and breakthroughs for 2017

In a revolutionary place like Boston, innovators and innovations are as common as bad drivers. See who made our annual list.


// A startup for diabetes patients will only get paid by insurers if its service works

Virta Health is one of a number of medical companies experimenting with payment structures tied to how well patients fare.

More Business headlines

Business agenda

A Thanksgiving party, a hackathon, and other events and things to know.

Enrollment at Wentworth Institute of Technology has leaped 20 percent since 2005, from 3,500 to 4,200 students, said its president, Zorica Pantić.

Wentworth Institute opens first new academic building in 45 years

The four-story Center for Engineering, Innovation and Sciences on Huntington Avenue features a 3D printing center, biology and chemistry labs, and collaboration spaces.

(FILES) In this file photo taken on February 06, 2018 A picture taken on February 6, 2018 shows a visual representation of the digital crypto-currency Bitcoin, at the

Bitcoin calm shattered as price dives below $6,000 to lowest level in over a year

The decline marked a break in the recent stretch of tranquility exhibited by the notoriously volatile digital alternative to cash.

Leerink Partners bought for $280m by Silicon Valley Bank parent

The Boston-based bank has managed dozens of life sciences initial public offerings and helped arrange financing rounds for venture-backed companies.

Crystal City signage stands in Arlington, Va. Seattle-based Amazon will split a planned second headquarters between Crystal City and Long Island City, in the New York borough of Queens. MUST CREDIT: Bloomberg photo by Andrew Harrer

Talking Points | Larry Edelman

Go ahead and scoff, but Amazon HQ2 was not all about money

While there are plenty of smart and reasonable people who will never see it otherwise, let's consider the reasons why New York and the D.C. suburbs beat out more than 200 other bids.

The investment team of Bain Capital Ventures met in San Francisco.

Bain is the latest Boston firm with a billion-dollar venture fund

The largest venture firms are raising increasingly large caches to compete for stakes in highly valued startups.

Virgina Newes loved using Zipcar, but then the car-sharing company abruptly dropped her after a minor accident.

The Fine Print | Sean Murphy

Zipcar ended her membership because of a car dent. But was it really about her age?

An 89-year-old Cambridge woman was terminated from the service after a minor mishap in a parking garage.

Boston reacts to Amazon HQ2 decision

It’s official. Amazon’s HQ2 isn’t coming to Boston and people have mixed feelings about it.

Governor Charlie Baker and Attorney General Maura Healey will be featured in a Massachusetts Taxpayers Foundation event Friday focusing on the opioid crisis.

Report shows opioid crisis is costing Mass. workforce billions in lost productivity

The toll that the opioid epidemic is taking on the Massachusetts economy now has a cost in dollars.

GE shares were up 7.76 percent Tuesday as investors applauded CEO Larry Page’s decision to pivot away from GE’s ownership in Baker Hughes.

GE heads for biggest gain since 2015 as Larry Culp speeds up oil exit

General Electric Co. surged as Chief Executive Officer Larry Culp accelerated plans to pare the company’s stake in Baker Hughes with a deal that would raise almost $4 billion at current prices.

Boeing’s first 737 MAX 9 jet at the company’s delivery center before a ceremony transferring ownership to Thai Lion Air in Seattle. Investigators into a Lion Air crash in October are focusing on whether it was linked to a new feature in the MAX model.

After fatal crash, pilots say Boeing didn’t warn of new feature

Boeing didn’t tell airline pilots about features of a new flight-control system in its 737 MAX that reportedly is a focus of the investigation into last month’s deadly crash in Indonesia, according to pilots who fly the jet in the United States.

Business agenda

A sustainable dinner, an environmental technology showcase, and other events and things to know.

A Juul Labs Inc. e-cigarette, USB charger and flavored pods.

Juul halts store sales of some flavored e-cigarettes

The nation’s leading e-cigarette maker says it has halted store sales of some flavors to deter use by kids.

The Anable Basin in Long Island City.

Four new things we learned today about Amazon’s expansion plans

When Amazon made its official selection for the locations of its second headquarters, it was hardly a surprise to anyone following the lengthy HQ2 saga. But there were still a few new tidbits.

The Pocket Closet is on display at the West Elm Fenway.

Robotic furniture maker Ori debuts a collapsible walk-in closet

The company, which has so far exclusively sold to property developers, said Tuesday that it is launching its first consumer product.

Five things Amazon’s HQ2 snub says about Boston

Being an also-ran might be what’s best for the region, but housing and transportation issues remain.

Crystal City, in Arlington, Va., is seen Tuesday, Nov. 13, 2018. Crystal City is expected to be named as one of Amazon's new headquarters. (AP Photo/Cliff Owen)

It’s official: Amazon announces selection of New York City and Northern Virginia for HQ2

Amazon has officially announced its selection of New York City and Northern Virginia as the new sites of its next headquarters.

GE stock surges on deal to raise $4 billion from sale of Baker Hughes shares

General Electric Co. is speeding plans to pare its stake in Baker Hughes with a deal that would raise almost $4 billion at current prices. The shares of both companies climbed.

People stand in front of a bank's electronic board showing the Hong Kong share index in Hong Kong Tuesday, Nov. 13, 2018. Asian stocks sank Tuesday after a tech sell-off dragged Wall Street lower. Hong Kong's Hang Seng lost 1.1 percent. (AP Photo/Vincent Yu)

Talking Points AM/Larry Edelman

What’s wrong with the stock market? Hint: Trump has it wrong.

Plus the latest on GE, Amazon, and Airbnb in Boston.

Paul Singer, founder and CEO of hedge fund Elliott Management Corporation. Elliott acquired a bunch of athena shares in early 2017, presaging Jonathan Bush’s exit.


$5.7b deal brings some measure of stability to athenahealth

At least for now, this deal could bring a measure of stability to athenahealth.

Business agenda

A pitch competition, an innovation showcase, and other events and things to know.

Bold Types

Boston about to give hotel manager a cold welcome

Reed Kandalaft’s career in the hotel industry has taken him to a number of sunny, warm-weather locales. Think Florida or Hawaii.

Trump’s NAFTA plan could be upended by Democrats’ House takeover

President Trump’s promise to quickly pass a revamped North American Free Trade Agreement has been upended by the midterm elections, with Democrats who will soon control the House vowing to withhold their support to extract greater protections for American workers.

FILE- In this Nov. 7, 2018, file photo trader Timothy Nick, center, works with specialist Michael O'Mara on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Nov. 12. (AP Photo/Richard Drew, File)

Dow drops 600 points as tech giants slide

Stock trading turned jittery again after two weeks of gains amid a broad sell-off in technology companies.

This undated photo provided by T. Rowe Price shows H. Lawrence Culp Jr., who was named chairman and CEO of General Electric on Monday, Oct. 1, 2018. The 55-year-old Culp was CEO and president of Danaher Corp. from 2000 to 2014. During that time, Danaher's market capitalization and revenues grew five-fold. He's already a member of GE's board. (T. Rowe Price via AP)

GE’s stock in another steep fall despite CEO’s attempt to soothe investors

Shares of General Eletric fell as much as 10 percent Monday as new CEO Larry Culp failed to instill confidence during a CNBC interview.

Nuance Communications Inc. is expected to release an earnings report on Monday.

Nuance selling its document business for $400 million

Burlington speech-recognition company to focus on A.I, cloud services.

Athenahealth to be acquired, combined with former GE Healthcare operation

The Watertown company agreed to the merger as part of an acquisition by two private equity firms for $135 per share.

A rendering of two proposed Back Bay buildings, as seen from Boylston Street.

Plans for two towers above the Mass. Pike move forward

The cost of the complicated Back Bay project has been pegged at about $350 million.

Jeff Immelt, former CEO of General Electric and current chairman of athenahealth.

TalkingPoints AM

Looks like Jeff Immelt played matchmaker in athenahealth deal

Immelt was quoted in the press release today, though it didn’t say whether he’d have a role in the combined company.

The company’s co-founder and longtime chief executive, Jonathan Bush, had sought to keep control of the company. But prospects for a deal improved after Bush resigned in June.

Watertown’s athenahealth to be bought by New York financial firms, report says

The $5.5 billion deal would end a period of uncertainty at the company, whose longtime CEO recently stepped down.

Workers readied the sports betting area last week at Twin River Casino in Lincoln, R.I.

Legal sports betting will begin in R.I. casinos later this month

Fans will be able to place legal wagers on their favorite teams at the Twin River Casino by the end of Thanksgiving week.

The week ahead in business

Speed networking, office hours, and other events and things to know.

The office of Santander’s US CEO, Scott Powell, includes a cricket bat (held by Powell).


Scott Powell is running Santander under less stress

As CEO of the Spanish bank’s US operations, Scott Powell has helped oversee a turnaround.

In this photo taken on Thursday, Nov. 8, 2018, cases of Pabst Blue Ribbon and Coors Light are stacked next to each other in a Milwaukee liquor store. Pabst Brewing Company and MillerCoors are heading to trial starting Monday, Nov. 12, to settle a contract dispute in which Pabst accuses the brewing giant of trying to undermine its competitor by breaking a contract to make their products. (AP Photo/Ivan Moreno)

Pabst says MillerCoors is trying to put it out of business

Pabst Brewing Company’s lawyers argue that the company’s very existence relies on the partnership with Chicago-based MillerCoors.

A page from the 2019 US Medicare Handbook.

Medicare expands access to in-home support for seniors

Starting next year, seniors in many states will be able to get additional services such as help with chores and respite for caregivers through private Medicare Advantage insurance plans.

graduation cap with 529 Plan text, on hundred dollar bills - college education savings concept


How a grandparent-owned 529 account affects need-based financial aid

The cost of college has risen so high that many families are relying on two generations to help cover expenses.

Representative Richard Neal.

Chesto Means Business

Momentum builds for Springfield-Boston rail service

Representative Richard Neal of Springfield is now poised to chair the powerful House Ways and Means committee.

Fortune magazine sold to Thai businessman for $150 million

Meredith Corp. will sell Fortune magazine to a Thai businessman for $150 million, the company said, as it continues to offload some of the storied brands it acquired with its purchase of Time Inc.

Conor Flaherty works in the lab at Moderna Therapeutics in 2015.

Moderna aims to raise $500 million in biotech’s largest-ever public offering

In an SEC filing, the Cambridge company says it hopes to raise $500 million.

Chick-fil-A plans to open first Boston store in Back Bay

The Atlanta-based chain has a devoted following in much of the country for its chicken sandwiches, its iced tea, and its waffle potato fries.

GE advertising at the New York Stock Exchange in March.

GE’s stock falls below $9 for first time since the financial crisis

The drop followed a report by JP Morgan analyst Stephen Tusa, who lowered his price target for the Boston-based company to $6.

Tech Lab by Hiawatha Bray


Bray writes about technology for the Business section. His Tech Lab column appears on Thursdays.

Shirley Leung


Leung writes a business column every Wednesday and Friday. Previously she served six years as the business editor overseeing daily and Sunday coverage.