Stock market volatility is back, and it is leaving older investors anxious about their retirement plans

Many retirees, and people nearing retirement, are well aware of the market’s recent volatility. But financial advisers warn against worrying about every up and down.

State Street Corp.’s headquarters, One Financial Center, at 1 Lincoln St. in Boston.

Is State Street leaving its HQ tower?

The financial services firm’s lease at One Financial Center ends in 2023, and it’s examining its options for downtown office space.

Traders worked the floor of the New York Stock Exchange.

Evan Horowitz | Quick Study

Stocks are plunging. Blame bonds

The yield on the 10-year Treasury bond touched 3 percent on Tuesday. The Dow closed down more than 424 points. There is a connection.

Facebook has not changed its Community Standards, but rather has just made them public.

Facebook rules at a glance: What’s banned, exactly?

Facebook has revealed for the first time what is banned on its service in a new Community Standards document released on Tuesday.

Latest Business headlines

Scientists release the most detailed star chart of the Milky Way yet

The European Space Agency released the most accurate census yet of stars in the Milky Way and neighboring galaxies.

Twitter is profitable again in 1st quarter, grows overseas

Twitter, driven by strong growth overseas, swung to a profit during the first quarter of the year, its second profitable quarter ever after a strong finish last year.

Automatic for the people: Logan to study if a train (or monorail) should replace shuttles at the airport

Officials will spend $15 million to design and study the feasibility of a “people mover” like the trains or monorails used at other busy airports.

Sky reconsiders Fox offer after Comcast bid

The London-based pay TV operator withdrew its recommendation to shareholders on the Fox deal just moments after Comcast placed a better offer on the table.

Condos more pricey than houses in Mass.

The median price of a condo sold in March was $20,000 higher than for single-family homes.


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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.


// ‘Regifting’ transplanted kidneys could ease the organ shortage

A surgeon has transplanted three “regifted” kidneys from previous transplant recipients who died — breaking an unspoken taboo.

More Business headlines

Loot boxes can be earned by playing video games or can be bought with money and are a substantial revenue stream for the video game industry. But some lawmakers say they constitute gambling and should be regulated.

Video game ‘loot boxes’ eyed by states as akin to gambling

Today, many video games let players at home spend a dollar — or much more — to open digital “loot boxes” that offer features like new character outfits and powerful weapons.

A seemingly innocuous comment from a Caterpillar executive prompted the markets to drop more than 2 percent Tuesday.

Stocks slide after a comment from a Caterpillar executive rattles the market

Brad Halverson said Caterpillar’s first-quarter profit ‘‘will be the high-water mark for the year’’ because of increased investment later in 2018. Traders freaked out.

The Food and Drug Administration said it had issued warning letters to several dozen retailers and demanded that Juul Labs submit company documents with health and marketing information.

US agency cracks down on Juul e-cigarette popular in schools

Federal health officials Tuesday announced a nationwide crackdown on underage use of a popular e-cigarette brand.

Kristen Mutacio will teach the basics of HTML and CSS coding on Thursday.

Business agenda

Learn website building, visit a mixer for women in business, and other events and things to know.

Harvard University’s endowment is about $37.1 billion.

Harvard land ownership in Brazil in dispute

The prosecutor’s office in the state of Bahia said it’s reviewing allegations that a company linked to Harvard’s endowment isn’t the rightful owner of land in the region, and it’s determining whether to sue to reclaim the titles.

The burgers feature the same blend of Angus brisket, chuck, and short rib used in the restaurants, a recipe created by Paul Wahlberg.

Wahlburgers looks to expand into retail business

The Wahlberg brothers have found a new place to grow their restaurant empire: the supermarket aisle.

The only time a Spyce Food employee touches food in the restaurant is to hand the grain bowl off the customer.

The robots are coming — to cook you a healthy grain bowl

The Spyce Food Co. is getting ready to open a restaurant with a mechanized kitchen in downtown Boston.

Dr. Leslie Gordon with her son, Sam Berns, who died in 2014.

A pediatric researcher whose son died of progeria sees promise in new treatment

Dr. Leslie Gordon, whose son Sam Berns died at 17, hasn’t found a cure — but she’s convinced that she and fellow researchers have hit on a promising treatment.

The Takeda Pharmaceutical plant in Osaka, Japan.

Shire accepts a $64b takeover offer from Takeda, will seek shareholders’ backing

Shire is headquartered in Ireland but has most of its operations in Lexington.

GM says more than 7 million owners of Chevrolet, Buick, GMC and Cadillac vehicles are eligible for Amazon’s new Amazon Key In-car delivery service.

Amazon begins delivery to vehicles

The company said it has started delivering packages in 37 cities to Prime members who own newer General Motors or Volvo vehicles with remote assistance systems.

Boston-based Vertex has faced challenges from governments in several countries about its drug prices.


Vertex to meet with UK regulators over disputed medicine

Two UK health ministers are calling on Vertex Pharmaceuticals to provide an “urgent resolution” to negotiations over access to its cystic fibrosis drug.

Even with Kyrie Irving sidelined for the playoffs, more than 97 percent of Celtics season ticket holders have renewed for 2018-19.


The renewal rate for Celts’ season tickets: It’s nearly perfect

The team can already chalk up this season as a financial success.

Even in the sharp-elbowed world of Boston politics, public attacks by an out-of-town company like Airbnb on a city councilor are rare.

The war over Airbnb regulations in Boston keeps escalating

The debate in Boston had been largely civil — at least compared to lawsuits and loud protests in cities such as New York and Los Angeles — until last week.

Homes near ocean risk losing value, even in a hot market

As the spring real estate season blooms, the memory of the winter’s inundating storms hangs over water-view properties that otherwise would command premium prices.

NAFTA ministers set to meet again amid intensified push for deal

‘‘We have had some very energetic and productive conversations,’’ said Chrystia Freeland, Canada’s minister for foreign affairs.

Suspicious or fraudulent reviews are crowding out authentic ones in some categories, a Post study found.

How merchants quietly use Facebook to flood Amazon with fake reviews

Suspicious or fraudulent reviews are crowding out authentic ones in some categories, a Post study found.

Vanguard aims to bring low-cost investing to China as the country eases its restrictions

Vanguard Group revolutionized the US investment industry by offering low-cost funds. Now it wants to do something similar in China.

Sears’ biggest shareholder offers to buy Kenmore brand

Sears’ biggest shareholder has suggested the company sell its well-known Kenmore brand and some real estate holdings, offering itself as a potential buyer.

Stocks wobble as bond yields set four-year highs

US stocks couldn’t hang on to an early gain and finished mostly lower Monday as technology companies slipped.

Russian billionaire Oleg Deripaska, who heads aluminium producer Rusal, has been targeted as part of a US sanctions package that hit dozens of Russian tycoons, companies, and key allies of President Vladimir Putin.

US softens stance on Rusal sanctions; aluminum plunges

For the first time, the US Treasury discussed a path for lifting the sanctions on Rusal, saying it would provide relief if Oleg Deripaska relinquished control.

Regular gasoline is selling for an average price of $2.74 a gallon in Massachusetts, up 17 cents in the past month.

Evan Horowitz | Quick Study

Gas prices are up 15 percent — and they’re probably going higher

And the increases will wipe out any gains lower-income Americans got from the recently passed tax cuts, analysts say.

Business agenda

Networking, a panel discussion, and other events and things to know.

Eddie Lampert’s hedge fund, Sears’ biggest shareholder, has asked the struggling retailer to sell the Kenmore brand and its home improvement business.

Firm offers to buy Kenmore from Sears

The private equity firm that is Sears’ biggest shareholder has asked the struggling retailer to sell the Kenmore brand and its home improvement business.

Elijah Botkin has refused to pay a renewal fee that appears to be illegal in the state.

Sean P. Murphy | The Fine Print

Watch out for fees when renting an apartment

Elijah Botkin did something few tenants would dare to do: He refused to pay a surprise charge sprung on him by his landlord’s agent.

Alexander Kogan says he was upfront about how the information would be used and that he “never heard a word” of objection from Facebook.

Cambridge Analytica contractor defends role in data gathering

Alexander Kogan said he was upfront about how the data would be used and that Facebook never objected.


Amazon and its partners want to upend health care services

The direct primary care business is growing.

A combination of lousy weather, international demand, and iced-over Canadian fisheries has created a lobster shortage.

A $49 lobster roll? A recent shortage has lobster prices soaring.

The costs of lobster dishes on Boston restaurant menus have been off the charts as chefs look to claw back some of the margins.

The week ahead in business

An intro to product management, the future of food products, and other events and things to know.

Jeff Mcpherson, an applicant for an apprentice-ship program, worked with other IBEW Local 103 laborers at J&M Brown Company’s prefab shop.

White-dominated construction unions want more diversity

IBEW Local 103’s campaign attracted a record number of female and minority applicants, in line with a national push by building trades.

Harvard undergrads will launch a cryptocurrency fund, starting at $1m

Bushra Hamid, 19, has teamed up with three schoolmates to form Plympton Capital, which has already raised $700,000.

Developer Robert Korff has lived in Newton since 1995 and considers it his hometown.

Developer makes dramatic changes to main Newton drag, one property at a time

Amid this hodgepodge of older one- and two-story buildings, Robert Korff sees a golden opportunity for a modern version of the Garden City.


The week in business

Six of the top business stories from the past week.

Robert Chandler, who no longer shops at, teaches guitar in Wareham.

Think before you boycott: There are consequences

It’s an age-old way to push for change, but good intentions alone won’t get results.

A Verizon store in New York, April 10, 2018. The Justice Department has opened an investigation into whether AT&T, Verizon and a telecommunications standards organization hindered consumers from easily switching carriers.

AT&T, Verizon face collusion inquiry

The Justice Department has opened an antitrust investigation into potential coordination by the companies and a telecommunications standards organization to hinder consumers from easily switching wireless carriers.

An investigator examined damage to the engine of a Southwest Airlines plane.

Maker of jet engine in fatal accident wants more inspections

A spokeswoman for CFM International said the company plans to issue a service bulletin on Friday that would expand the number of engines to be checked beyond those in previous notifications.

State gains 4,700 jobs in March; unemployment rate unchanged

State officials say the Massachusetts economy picked up an estimated 4,700 jobs in March while the unemployment rate held steady at 3.5 percent.


What to do when a lunch break really isn’t a break

In Massachusetts, the law requires a 30-minute meal break for any employee who works six or more hours in a single shift.

Cambridge, MA- April 20, 2018: The Valium Room at Ironwood Pharmaceuticals in Cambridge, ME on April 20, 2018. (Craig F. Walker/Globe Staff) section: metro reporter: (viewed from outside the conference room the graphics are reflected the glass wall of another conference room.)

Heard in the halls of biotech: I’ll meet you in the Valium room.

Developing drugs is a serious business, but many Massachusetts biotechs go for the quirky when they name meeting rooms.


This is how it feels to be a millionaire and still feel broke

One woman’s story proves that you can never save too much.

Sarah Hodges is a partner at the venture firm Pillar.

Five things you should know about Sarah Hodges

Hodges believes Boston can be the center of the blockchain universe.

General Electric, GE Chairman and CEO John Flannery in 2017.

Finally GE had some better news to report

General Electric CEO John Flannery must be relieved. As far as GE shareholders are concerned, Flannery has been a bearer of bad news almost since taking the job in August.

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.