Facing new competition, Netflix bulks up for an arms race — by raising fees

Streaming services are in a costly war for original programming, and subscribers will have to pay.

Chesto Means Business | Jon Chesto

Sparks fly as Conservation Law Foundation weighs in on Boston Edison project

No one said redeveloping an old power plant in a booming urban neighborhood would be easy. But the owners of the old Edison complex in South Boston are finding out just how tough it can be.

A reverse motion detector in a bathroom — set off when a drug user overdoses and stops moving — often summons Dr. Jessie Gaeta.


When a reverse motion detector sounds, this MD becomes a lifesaver

Dr. Jessie Gaeta doesn’t spend much time in her office. She goes on the road, or into the bathroom, to take care of homeless people.

With economic development remaining strong in Boston, Mayor Martin J. Walsh has a new proposal to help more city neighborhoods benefit from that growth.

Walsh debuts mobile economic development help in Boston neighborhoods

The mayor is launching an “Economic Development Center,” a rotating series of free business workshops throughout the city.

Latest Business headlines

T-Mobile executives were Trump customers while seeking deal approval

A VIP Arrivals list for the Trump International Hotel in Washington reveals frequent stays by T-Mobile higher-ups as they attempted a contentious merger which required government approval.

Sears survives bankruptcy auction and will keep 400 stores open

Billionaire Eddie Lampert, the company’s chairman and largest shareholder, reportedly won the auction with a $5.2 billion takeover bid early Wednesday.

Big bank rally helps US stocks finish higher; Goldman soars

Bank stocks surged Wednesday following strong results from a slew of financial companies, and US stock indexes finished broadly higher.

SQZ Biotech will move to Watertown’s Arsenal Yards complex

The growing company will occupy more than 63,000 square feet at the former mall site.

Talking Points AM/Larry Edelman

Want a recession? Let this shutdown drag on

There will be significant consequences for businesses and investors.


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

The Fine Print

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

Globe Magazine

Top Places to Work

//c.o0bg.com/rf/image_90x90/Boston/2011-2020/2018/11/14/BostonGlobe.com/Magazine/Images/intro2018tptw.jpg 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.


//c.o0bg.com/rf/image_90x90/Boston/2011-2020/2019/01/16/BostonGlobe.com/National/Images/RinaldiHealey10-10056-ASIL-1024x576.jpg Documents reveal new details about Purdue’s marketing of OxyContin

Mass. AG Maura Healey filed a revised complaint Tuesday with new details about Purdue’s promotion of OxyContin.

More Business headlines

YouTube revises policy, bans dangerous prank videos

YouTube is trying to prevent otherwise bright people from doing dangerous things.

An American flag flies at half-staff above a Sears store in San Bruno, Calif., on Dec. 28, 2018. MUST CREDIT: Bloomberg photo by David Paul Morris.

Sears staves off liquidation, stores to remain open

The company’s chairman and largest shareholder, Eddie Lampert, won a bankruptcy auction for Sears in New York, averting liquidation of the iconic chain.

The Purdue Pharma headquarters in Stamford, Conn.

Purdue Pharma sought to put blame on addicts, Mass. says in lawsuit

Documents reveal new details about Purdue’s marketing of OxyContin and its cozy ties with Tufts University and Mass. General Hospital.

Facebook says it is investing $300 million over the next three years in local news programs, partnerships, and other initiatives. The cash investment includes reporting grants for local newsrooms and investing in nonprofits aimed at helping support local news.

Facebook is giving $300 million for local journalism

The money will fund projects to help local outlets strengthen their newsgathering operations and build their readership and subscription models.

Turkey's President Recep Tayyip Erdogan delivered a speech at the Parliament in Ankara, Turkey Tuesday, Jan.15 2019 announcing that Turkey will establish a 20-mile-wide “safe zone” in northern Syria.

Erdogan pledges Syria ‘safe zone’ as new UN envoy arrives

Turkey will establish a 20-mile-wide “safe zone” in northern Syria according to Turkey’s president in a speech on Tuesday, and will seek logistic and financial assistance from the United States and other allies.

US indexes hit one-month highs as Netflix leads tech rally

US stocks rallied to their highest level in more than a month Tuesday after China’s government moved to inject more life into the economy. Netflix led a surge in high-tech companies.

The Netflix Inc. app is displayed for a photograph on an Apple Inc. iPad mini tablet compute.

Netflix raising prices for 58 million US subscribers

The streaming company’s most popular plan will see the largest hike, to $13 per month from $11.

‘Choose Your Own Adventure’ publisher sues Netflix over ‘Bandersnatch’

The company that publishes the “Choose Your Own Adventure” novels is suing Netflix, seeking $25 million in damages over a “Black Mirror” interactive film.

The Friendly Toast in Burlington, Mass., one of the chain’s five locations.

Friendly Toast offering free meals to furloughed federal workers

The restaurant chain’s offer extends to all five locations as long as the shutdown continues.

The real estate listing for the lot at the corner of Newbury and Dartmouth streets is expected to draw wide interest from developers and investors.

Newbury Street parking, apt to fetch millions, offers rare development opportunity

The longtime owners of a modest parcel at the corner of Newbury and Dartmouth streets have decided to cash in.

The Gannett Co. Inc. headquarters in McLean, Va. MNG Enterprises, which is owned by the hedge fund Alden Global Capital and is known for making severe cuts in newsroom budgets, wants to buy the newspaper publisher.

Hedge fund called ‘destroyer of newspapers’ bids for USA Today owner Gannett

The unsolicited offer, worth over $1.3 billion, would create the largest newspaper company in the United States and further consolidate a struggling industry.

Workers moved a pallet of beer at Night Shift Brewing. The government’s partial shutdown threatens $1 million of projected revenue at Night Shift if the Everett company can’t release its big new spring beer on time.


For many companies, the US shutdown permits no progress

The partial government shutdown has spilled over to the private sector -- putting permits in limbo for everything from seafood processors to craft breweries.

A Pacific Gas and Electric crew worked to restore power in Sonoma County, Calif., last year. The utility, formed more than a century ago, has been blamed for scores of California fires that have started when trees fall on power lines, sending sparks onto dry vegetation.

PG&E to file for bankruptcy following devastating California wildfires

PG&E to file for bankruptcy following devastating California wildfires

Filene’s Basement’s Running of the Brides was a Boston tradition.

Talking Points AM | Larry Edelman

All sales final: Sears may soon join the ranks of these departed retail outlets

How many of these names from the retail graveyard can you remember?

John Fish


Suffolk CEO looks beyond construction for top talent

John Fish is trying to turn Suffolk into more of a tech company, and he’s looked outside of the industry to build his management team.

The near-vacant parking lot for Shaw’s on Pilgrim Hill Road in Plymouth.

Shaw’s is closing some grocery stores in Mass. and N.H.

Shaw’s will be closing three supermarkets in Massachusetts and one in New Hampshire next month because the locations are “underperforming.”

Another sign of weakness in China weighs on US stocks

Stocks took small losses Monday after China reported a drop in exports in December, but the market didn’t come close to matching its plunges of the last few months.

Cambridge software firm Quick Base sold in deal reportedly above $1b

Vista Equity Partners bought a majority stake in the company, which helps build work place applications.

The Gannet Co. headquarters in McLean, Va.

Digital First Media reportedly poised to make offer to USA Today publisher Gannett

Digital First currently owns five publications in Massachusetts, including The Boston Herald and the Sentinel & Journal Enterprise in Fitchburg.

Ken Westerman with his new Toyota Prius hybrid in his driveway in Ann Arbor, Mich. Automakers are rolling out models meant to widen the appeal of electric cars. But making it easier and faster to charge them is a crucial challenge.

Electric vehicles in the spotlight at Detroit’s Auto Show

Automakers are rolling out models meant to widen the appeal of electric cars. But making it easier and faster to charge them is a crucial challenge.

Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, Sept. 26, 2018. The Federal Reserve has raised a key interest rate for the third time this year in response to a strong U.S. economy and signaled that it expects to maintain a pace of gradual rate hikes. (AP Photo/Susan Walsh)

Talking Points/Larry Edelman

The Federal Reserve reaches truce with markets, but pays a price

The central bank’s decision to take a wait-and-see stance on interest rates has big implications for the economy, the Fed’s independence, and President Trump’s reelection campaign.

AstraZeneca departures continue as medical chief exits

A wave of high-level defections has been taking place amid a reorganization of the UK drugmaker.

NASA astronaut Buzz Aldrin visited Harmonic Drive in 1971, to thank employees of the Peabody company for their work on the lunar rover.


This company’s gears went to the moon, and they’re still going places

One of the most improbable and impressive companies that Boston has ever known is run out of a single-story brick building in Peabody.

A ship-to-shore crane prepared to load a 40-foot shipping container onto a ship at the Port of Savannah in Savannah, Ga.

US companies are paying the price for new tariffs

For many businesses, tariffs are escalating costs, creating hardships, and magnifying uncertainty.

CareWell Urgent Care operates 16 centers in the state, including this one in Framingham.

Urgent care centers proliferate in Mass., but fewer low-income patients have access

An explosion of the largely unregulated urgent care industry is reshaping the health care landscape in the state.

Faneuil Hall Marketplace caters primarily to tourists these days, but that wasn’t the case when it opened in 1976.

Faneuil Hall’s promised retail revolution? We’re still waiting

The company that manages the marketplace wants to make its shops and restaurants more reflective of Boston, but says the changes will take time.

Michelle Singletary | The Color of Money

Here’s a way to stop living paycheck to paycheck

Even if you’re not affected, the government shutdown is a reminder of how important it is to have an emergency fund.

Racing at Suffolk Downs in recent years has been limited to a handful of dates each season.

Chesto Means Business

Suffolk Downs’s thoroughbreds could be headed to the Berkshires

The track’s operator could move racing to the Great Barrington Fairgrounds. First, Suffolk needs help from state lawmakers to pull it off.

Credit-reporting companies collect information about hundreds of millions of consumers worldwide. This information is used by banks, credit card companies, and mortgage brokers to help them make lending decisions.

New Mass. law provides more free credit protections

Data brokers such as Equifax are now required to provide free credit freezes, and up to three years of free monitoring to victims of data breaches.

Transportation Security Administration officials worked at the entrance to a concourse at San Francisco International Airport.

Some airport security lanes to shut as shutdown squeezes TSA

Separately, a union representing more than 10,000 air-traffic controllers filed suit in federal court in Washington on Friday, charging that it’s illegal to force them and other aviation employees to work without compensation.

General Motors shares soared more than 7 percent to close at $37.18 on Friday.

GM raises 2018 forecast, predicts stronger 2019 earnings

General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday.

Treasury Secretary Steven Mnuchin speaks to reporters after giving a classified briefing to members of the House of Representatives, telling them that the Trump administration will keep strict U.S. sanctions on the Russian oligarch Oleg Deripaska, on Capitol Hill in Washington, Thursday, Jan. 10, 2019. (AP Photo/J. Scott Applewhite)

Mnuchin: Next round of trade talks this month

Treasury Secretary Steven Mnuchin says the next round of trade negotiations with China will likely occur later this month in Washington.

What the government shutdown means for your mortgage, and more

The partial federal government shutdown is complicating the already complicated process of getting and managing a mortgage.

TSA workers.

Some airport security lanes to close as shutdown squeezes TSA workers

The Transportation Security Administration plans to begin closing a handful of security checkpoints at airports around the US.

Heavy equipment was seen at a site where sections of the Dakota Access pipeline were being buried near the town of St. Anthony in Morton County, N.D.

Dakota Access pipeline developer complied with settlement

The developer of the pipeline has planted tens of thousands of trees and taken other steps to settle allegations that it violated North Dakota rules during construction, state regulators have concluded.

It’s getting more expensive to eat out at restaurants

Full-service restaurants, facing higher labor and food costs, raised prices the most in more than seven years in December

Globe cuts ties with advertising executive

The Boston Globe has cut ties with its vice president for advertising, Michael Bentley, an executive whose name was removed this week from the paper’s masthead.


She’ll wait at the RMV so you don’t have to

Susan Ho reentered the workforce to start her one-woman concierge company, with a little inspiration from Mr. Rogers.

FILE This May 2, 2017 file photo shows corporate signage at Macy's flagship store in New York. Department stores fell sharply before the opening bell, Thursday, Jan. 10, 2019, with bellwether Macy's down nearly 19 percent after posting worse-than-expected sales in the period leading up to the holiday. (AP Photo/Bebeto Matthews)

Talking Points AM/Larry Edelman

The dog ate my homework, and other excuses you’ll hear this earnings season

Some companies will have a legitimate alibi for weak financial results. Others will be taking advantage of a particularly unsettled global environment to paper over their own problems.

Chesto means business

Wind turbine company picks Boston for US HQ

Boston’s reputation will get a significant boost on Friday when MHI Vestas Offshore Wind announces plans to put its US headquarters here.


American Airlines stock drops, pulling down other airlines, on weaker earnings

Eight stories you may have missed Thursday from the world of business.

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.