Trump is bad at regifting. You don’t have to be.

“Well, I’m the namesake, so I got regifted all the things that were monogrammed for him at times,” Donald Trump Jr. said.

Three developers backed by major European energy companies paid a record $405 million to gain access to 390,000 acres of federal waters nearly 20 miles south of Martha’s Vineyard and Nantucket. Above: The wind farm off Block Island, R.I.

Chesto Means Business

Offshore wind auction draws huge interest and big money

Three developers backed by major European energy companies paid a record $405 million to gain access to 390,000 acres of federal waters.

Stephen Spinelli Jr., co-founder of Jiffy Lube International, will replace president Kerry Healey.

Babson College names Jiffy Lube cofounder as next president

Stephen Spinelli Jr. worked at Babson from 1993 to 2007. He will replace Kerry Healey, who is stepping down in June.

Bruce Boyd, facility manager of The Rashi School in Dedham, has a passion for the details that go into keeping buildings running smoothly.


This facilities manager acts like he owns the place

There’s “a place for everything and everything in its place,” says Bruce Boyd, facility manager of The Rashi School in Dedham.

Latest Business headlines

That perfect tree is just a few clicks away

Online ordering and internet-enabled sales strategies are transforming the Christmas tree trade for both tree sellers and their customers,

GM says it has 2,700 jobs for workers slated to be laid off

General Motors’ plans to lay off 14,000 salaried and blue-collar workers might not be as bad as originally projected.

Facebook says bug opened access to private photos

The social media platform announced Friday that it had discovered a bug that allowed outsiders access to private photos, potentially affecting some 6.8 million people who use the service.

The Weekly Standard, pugnacious to the end, will cease publication

The primary voice of conservative Washington that found itself out of step with the Trumpward turn in the Republican Party, is ceasing publication after 23 years, its owners announced Friday.

Dow sheds 500 points on weaker economic outlook for China

The S&P 500 was back in correction territory on the retreat and saw its sixth decline in eight sessions.


// Sign up for Talking Points

An afternoon recap of the day’s most important business news, delivered Monday through Friday.

The Fine Print

// Submit: Are you a consumer with a question?

Sean P. Murphy is the Globe’s consumer columnist, and he’s here to take your queries.

Globe Magazine

Top Places to Work

// The 2018 Top Places to Work in Massachusetts

These 128 businesses have the happiest employees in the state. Here are sortable lists of the winners, and how we compiled them.


// Appeals court rules that secret OxyContin documents must be released

A Kentucky appeals court side with STAT, upholding a ruling ordering the release of Purdue Pharma records about the marketing of the opioid OxyContin.

More Business headlines

Facebook says bug may have exposed user photos to developers

Up to 6.8 million people who use the service might have been affected.

A trader at the New York Stock Exchange got to work Friday after the opening bell.

US stocks stagger to lowest close since April

Mounting concern over the health of the global economy overshadowed positive trade developments and signs of US consumer strength. The Dow fell almost 500 points.

Talking Points AM | Larry Edelman

Nine takeaways from the Journal’s sprawling tale of GE’s collapse

The story provides a fly-on-the-wall view of events that Boston readers could never have expected when General Electric moved to Fort Point Channel in the summer of 2016.


Finding safe tech gifts is tougher than it ought to be

Companies like Mozilla are trying to create basic consumer tech standards to let shoppers know when gadgets are safe.

Eliza Dushku in 2016.

CBS made secret $9.5 million deal with Eliza Dushku after harassment claims

Dushku says she was written off the show “Bull” after she spoke up about misconduct on the set. The settlement came to light after CBS’s chief resigned when he was accused of harassment.

Boston won’t get Apple’s new $1 billion campus — that will be built in Austin, Texas. Once again, we missed out on a big-time corporate site, but online retailer Wayfair plans to add thousands of jobs here.

Here’s what Apple’s snub says about Boston’s status as a tech hub

The region seems capable of nurturing homegrown tech wunderkinds, but the area has struggled in the trophy class of tech expansions, the new campuses with thousands of jobs.

Quantitative easing “is part now of the toolbox; it’s permanent,” Mario Draghi, president of the European Central Bank, said Thursday.

Europe’s Central Bank ends one of the biggest money-printing programs ever

The wind-down of the bond-buying program showed that the central bank was confident enough in the eurozone’s health to begin taking the region off life support.

Senator John F. Keenan, Democrat of Quincy, plans to file legislation to end daylight saving time.


Bill on Beacon Hill would eliminate clock-changing

Early sunsets got you down? A Quincy lawmaker has a cure for those wintertime blues.

Farmer Terry Davidson walked through his soy fields in Harvard, Ill., on the same July day that China imposed retaliatory tariffs aimed at the US soybean market.

Trump gets win as Xi makes good on pledge to buy US soy

China resumed buying US soybeans, bringing some relief to farmers in Donald Trump’s heartland as President Xi Jinping works toward a trade deal with his American counterpart.

General Electric stock rose 7.3 percent Thursday.

GE stock surges as grumpiest bear says worst just may be over

Steve Tusa, the JPMorgan analyst who has had a sell rating on General Electric for more than two years, upgraded the shares to neutral.

An architectural rendering shows the residential project that would replace a city-owned parking lot on Tremont Street.

Developers get OK for high-rise affordable housing on Chinatown parking lot

Millennium Partners and a team of developers it’s leading received a green light Thursday to turn a Chinatown parking lot into a high-rise full of affordable housing.

Weekend agenda

A business brunch, a finance workshop, and other events and things to know.

Newly built Seaport office building sells for $455 million

121 Seaport Blvd. is home to tech firm PTC and drugmaker Alexion. It was among the richest office space sales ever in the city.

Stock market settles down, but small companies’ shares slip again

Stocks wobbled Thursday as the markets turned fairly quiet after a very turbulent start to the week.

Many Wall Street stocks down, but Dow rises slightly

The Dow rose 70 points, or 0.3 percent, to 24,597. The Nasdaq and S&P 500 finished down.

Mark Kempic was named chief operating officer of Columbia Gas of Massachusetts

Columbia Gas appoints new executive in Massachusetts

Mark Kempic will be chief operating officer of Columbia Gas of Massachusetts and see out the final work restoring service in the Merrimack Valley following the Sept. 13 disaster.

Online retailer Wayfair already has more than 5,000 employees in Boston at its Copley Place headquarters.

State gives Wayfair $31 million in tax breaks for 3,300 jobs in Boston and Pittsfield

The online retailer also unveiled plans for a third location in the Back Bay.

Is Kendall Square no longer “the” place for tech types to meet and greet?

Scott Kirsner | Innovation Economy

Predictions for Boston’s tech scene: A colder winter, but no big chill ahead

Columnist Scott Kirsner convened a panel of experts, through group text messaging.

Without Amazon, Suffolk Downs may become a huge new neighborhood

Boston aims to strike a balance as major development plans for Suffolk Downs move forward.

Amazon went to New York’s City Hall. Things got loud, quickly.

NEW YORK — It was variously described as a rite of passage, a take-your-medicine moment, and a very New York-style welcome: Two Amazon executives raised their right hands and then faced more than three hours of public grilling by the New York City Council.

Indigo Ag chief executive David Perry, shown in a company greenhouse in Cambridge, is among Indigo executives who will be based in Memphis.

Boston startup Indigo Ag growing down south

Charlestown company that produces stronger seeds for agriculture is expanding in Memphis.

Business agenda

Networking, a Sketch workshop, and other events and things to know.

Jamaica Plain, MA., 12/12/2018, At the Boing toy store, employees, Deva Jasheway , cq, on left, prepare to wrap and shif gifts. Amid the downfall of Toys

Toys ‘R’ Us demise has ‘created a monster’ as retailers scramble to fill the void

Owners of smaller toy shops are devising clever ways to compete with Amazon and big box retailers, after the demise of Toys “R” Us and with the arrival of the holiday season.

Timothy Springer, a professor of medicine at Harvard’s medical school, is among other things the fourth-largest shareholder of Moderna.

Professor made millions in Moderna’s IPO but still lives the academic life

Timothy Springer invested $5 million in the startup’s early days. His windfall is one in a series of savvy investments.

Workers in Staten Island are criticizing the incentives offered to Amazon, saying they are treated like robots.

Employees at Amazon’s new NYC warehouse launch union push

Labor unrest is the latest complication in Amazon’s plan to invest $2.5 billion and hire 25,000 people in the city over the next 15 years.

China to revise plan for global technology dominance

The new approach is a bid to address one of President Trump’s chief complaints about China’s trade practices.

Hackers fooled Save the Children into sending $1 million to a phony account

Save the Children Federation said it was the victim of a $1 million cyberscam last year.

JPMorgan Chase CEO Jamie Dimon visited Boston Wednesday as his bank launches a retail banking expansion in the area — something that Citi tried but failed to pull off.


New bank competition begins as Chase opens a branch in area

Breaking into Boston won’t be easy for JPMorgan Chase. But it’s not going to be easy on Chase’s local competitors, either.

FILE - This May 2, 2017, file photo, shows Verizon corporate signage on a store in New York's Midtown. Shares of Verizon are falling before the opening bell after the company said it would take a $4.6 billion hit for what’s become an expensive internet foray that’s never panned out. (AP Photo/Bebeto Matthews, File)

Verizon takes $4.6 billion write-down on its media business

The company attributes the massive drop to stiff competition in the digital ad market and a failure to realize benefits from combining the two companies it bought, Yahoo and AOL.

Wall Street ends higher, with help from tech and health care stocks

Stocks couldn’t hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose.

Hologic wins ruling in case involving alleged theft of trade secrets

Marlborough medical-device maker is suing a former employee and a Chinese imaging company.

A box of Kotex tampons.

Some Kotex tampons recalled after reports of unraveling inside consumers’ bodies

Some Kotex tampons have been recalled after reports that the feminine-care product was unraveling and coming apart inside consumers’ bodies.

22wenewton - Timothy Springer of Chestnut Hill (John Hilliard)

This Harvard professor made $400 million in Moderna’s biotech IPO

Timothy Springer invested $5 million in the startup’s early days. His windfall is one in a series of savvy investments.

British Prime Minister Theresa May spoke Wednesday during Parliament’s weekly question and answer session.

Talking Points AM/Larry Edelman

UK Brexiters attempt a coup: Tories force a no-confidence vote on Theresa May

The British prime minister is fighting for her job after at least 15 percent of the ministers in her Conservative party — the minimum needed — called for a vote of no confidence in her leadership.

Northeastern University has been hiring more therapists this year to add to its staff of 12 people who work with about 20,000 students.

Tech firms enter the business of campus mental health care

At many college counseling centers therapists are overwhelmed and students are forced to wait weeks for an appointment.

The emergency room of Morton Hospital in Taunton

Business groups aim to curb emergency room use, and save money, too

Companies might change co-pays to encourage their workers to use lower-cost health care settings — charging more for emergency rooms, for example, or less for primary care.

Wayfair has received $1.4 million in state tax credits during the past five years.


Who needs Amazon? We’ve got Wayfair

State officials are going back to the tax-credit well for Wayfair — the online seller of furniture and other home goods that is growing at a breakneck pace in Boston.

Protesters picketed outside of CBS’s shareholders meeting in New York Tuesday. No one at the meeting brought up sexual harassment.

With new board in place, CBS will decide on Moonves’ exit pay after scandal

The newly elected CBS board faces daunting tasks: deciding whether former CEO Les Moonves gets a $120 million exit package following a sexual-misconduct investigation.

A woman walked by shelves displaying bottles of American wine for sale at a supermarket in Beijing on Tuesday. China has said it will increase purchases of US goods and services by $1.2 trillion over the next several years.

Trump administration to step up pressure on China

The Trump administration is planning a series of actions this week targeting China’s trade, cyber, and economic policies.

Workers picked meat from the lobster (top), which is rapidly frozen with nitrogen. The tail shells are composted nearby.


The grueling and messy work of lobster processing

Maine’s lobster processing industry has been thriving in recent years. Since Shucks Maine Lobster opened in 2006, the lobster catch in Maine has nearly doubled, as has its value.

Google CEO Sundar Pichai spoke during a House Judiciary Committee hearing in Washington, D.C., on Tuesday, at which he the company strives to be politically neutral.

Google is now in the congressional spotlight as CEO Sundar Pichai testifies on Capitol Hill

Google is now in the congressional spotlight as CEO Sundar Pichai testifies on Capitol Hill

Innovation Economy by Scott Kirsner


Kirsner’s Innovation Economy column appears in the Boston Sunday Globe, and he contributes to the Globe’s Beta Boston website.