‘Fearless Girl’ statue gets new permanent home

The bronze statue that inspired millions with a message of female empowerment has a new permanent home in front of the New York Stock Exchange.

Bernard Madoff.

Talking Points AM/Larry Edelman

Bernie Madoff and the coming stock market apocalypse

After a tumultuous couple of months, it feels like our good luck is about to run out. Is it?

This year’s opening of the MGM Springfield casino is one of the positive developments in Springfield.


New bank may be a sign things are looking up in Springfield

Is it another sign that Springfield’s economic renaissance has finally taken hold?

Huawei Technologies executive Meng Wanzhou (right) and her translator are depicted during a court hearing Friday in Vancouver.

China protests Canada’s detention of Huawei executive

The country warned of “grave consequences” if Meng Wanzhou is not released.

Latest Business headlines

Prosecutors in Japan indict Carlos Ghosn and Nissan

Tokyo prosecutors have charged Nissan's former chairman Carlos Ghosn, another executive and the automaker itself for allegedly underreporting income.

Amid suspicions of price-fixing, probe of generic industry grows to 300 drugs

What started as an antitrust lawsuit brought by states over just two generic drugs in 2016 has exploded into an investigation of alleged price-fixing involving at least 16 companies and 300 drugs.

Lean In movement may have a Sheryl Sandberg problem

Amid a flurry of damaging headlines surrounding the Facebook executive, the organization is trying to figure out how independent it can become from the Sheryl Sandberg brand.

The week ahead in business

Holiday parties, innovation showcases, and other events and things to know.

Average US price of gas drops 22 cents per gallon in 3 weeks

The national average for a gallon of gas is $2.51, according to the Lundberg Survey.

Sponsored by Rockland Trust Bank

Flipping Wahlburgers across the country

Famous family's burger chain success is more comfort food basics than Hollywood sizzle.

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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/2011-2020/2018/12/10/BostonGlobe.com/National/Images/stat_PhRMA_ink_1st-1-1024x576.jpg Will Democrats in Congress keep the door open for pharma — or slam it?

Current and former staffers and lobbyists connected to the industry said PhRMA is struggling to preserve its clout.

More Business headlines

Uber said to file for initial public offering

Bankers have told Uber that the ride-hailing company could be worth $120 billion.

A recently completed luxury condo building on Washington Street in Union Square sits alongside the neighborhood's stock of older apartment buildings in Somerville.

Forming a more perfect Union Square

The Somerville square is teetering on the edge of a $1.5 billion overhaul. When it’s done, the neighborhood will be more modern — and likely more expensive.

Lance Armstrong’s financial prospects looked bleak. Then his investment fund bought into Uber.

How Lance Armstrong made a boatload on one investment

The cyclist’s prospects looked bleak after a 2013 interview where he admitted to doping while dominating the sport. Then his investment fund bought into Uber.

Automated garages, which can tightly stack cars, are coming to two Boston developments.

Stack my car, please, my good robot

Two new Boston complexes aim to maximize space in parking garages through automation.

Tesla may consider buying idle General Motors plants

It’s the second automaker in two days to step up with possible job-creating moves as GM takes political heat for cutting workers.


Cambridge biotech’s record-setting IPO slumps in its debut

Moderna Therapeutics watched its share price slip within hours of pulling off the biggest initial public offering in biotech history. Shares were down 19 percent by the time the markets closed.

Chinese executive facing US extradition appears in court

A top Chinese telecommunications executive facing possible extradition to the United States appeared in court Friday as she sought bail in a case that has rattled markets and raised doubts about the United States being able to reach a truce in its trade war with China.

Stocks close down more than 550 points, continuing a dismal streak for markets

US stocks fell sharply Friday, erasing an early gain, as the market closed in on its third weekly decline in four weeks.

Marlboro maker places $1.8 billion bet on marijuana

Marlboro maker Altria Group Inc. is taking a 45 percent stake in Cronos Group, the Canadian medical and recreational marijuana provider said Friday.

National Wholesale Liquidators, a discount department store in Dorchester, is closed.

Dorchester loses two discount department stores, leaving a gaping hole behind

The rapid succession of discount store closures has many residents concerned about what stores might come to fill in those gaps, and whether they’ll continue to offer affordable options for the working-class and low-income families who live nearby.

Eliot Buchanan, Plastiq cofounder and CEO, and Chief Technology Officer Trevor Brosnan at the company’s offices in San Francisco.


Some startups leave Boston, go west, and never look back. But this one is returning

There’s plenty of action out west, but lots of talent here, too.

The headquarters of Partners HealthCare in Somerville’s Assembly Row.

Partners HealthCare plans new outpatient clinics

Partners officials did not reveal how many new locations they plan to open, but they said the company would target busy suburban areas near major highway interchanges.

At the end of a tumultuous week, the modest, but steady, jobs gains reported for November should be welcome news on Wall Street.

Talking Points AM/Larry Edelman

The jobs report is good news — but Wall Street is still freaking out

The latest data weren’t enough to reassure investors fixated on the prospects of recession.

US hiring slowed to 155,000 jobs in November

Friday’s jobs report for November said the unemployment rate remained at 3.7%, nearly a five-decade low, for the third straight month.

The Boston Globe is among the tenants at 53 State St.

53 State St. tower is sold for $845 million

Among the building’s tenants: Hill Holliday, Acquia, and The Boston Globe.

An artist’s image of the newest version of the Dot Block development on Dorchester Avenue in Boston.

Dot Block project gets new team, new look

A long-delayed development that promises to reshape a key corner of Dorchester is moving forward again, with one of Boston’s best-known developers at the helm.

Ahead of IPO, Moderna’s valuation questioned

Moderna Inc.’s potentially historic stock-market debut on Friday is already attracting skeptics on Wall Street.

Fidelity is remaking its World Trade Center in the Seaport, and among the biggest changes is the closing of Commonwealth Hall.

Chesto means business

Fidelity plans big changes at World Trade Center complex

The mutual fund giant bet big on the Seaport in the 1980s and 1990s, when few other companies would, and it’s doing so again.

NEW YORK, NY - NOVEMBER 20: People stand in an Apple store in lower Manhattan on November 20, 2018 in New York City. Shares of Apple Inc. fell nearly 4% on Monday following reports that iPhone sales are slowing for the global technolgy company. (Photo by Spencer Platt/Getty Images)

Hiawatha Bray | Tech Lab

Apple’s holiday deals: a sign of weakness, or a clever move to boost revenue?

The company’s special rebate for trading in old iPhones might be a better deal for Apple than for consumers.

Lawyers for the Justice Department said the merger of AT&T and Time Warner could extract higher fees from rivals by threatening blackouts of channels. The AT&T lawyer said the company “has relinquished the source of leverage that the government identified.”

It’s not looking great for Justice Department’s appeal of AT&T-Time Warner merger

Lawyers for the Justice Department said the merger of AT&T and Time Warner could extract higher fees from rivals by threatening blackouts of channels.

Traders work on the floor at the opening bell of the Dow Industrial Average at the New York Stock Exchange on December 6, 2018 in New York. - Wall Street opened sharply lower Thursday, joining a global stocks sell-off after the arrest of a key Chinese executive at Washington's request revived worries over trade tensions. About three minutes into trading, the Dow Jones Industrial Average had fallen 2.0 percent, nearly 500 points, to 24,532.25. The broad-based S&P 500 sank 1.9 percent to 2,648.04, while the tech-rich Nasdaq Composite Index shed 2.2 percent to 7,002.02. (Photo by Bryan R. Smith / AFP)BRYAN R. SMITH/AFP/Getty Images

The Dow’s wild week explained

You’d be forgiven for asking, “What the heck is going on?” after the Dow went down, then up Thursday, after a tumultuous week.

The gap between what the United States sells and what it buys from foreign countries hit $55.5 billion in October, the Commerce Department said.

Record imports push US trade gap to $55.5 billion in October

Record imports in October drove the US trade deficit to the highest level in a decade.

Weekend agenda

A pop up shop, a startup boot camp, and other events and things to know.

An information desk at the Huawei Technologies Co. exhibition stand at a tech fair in Germany last spring.

China demands release of Huawei executive

The United States is ‘‘resorting to despicable hooliganism,’’ the nationalist Global Times wrote in an editorial published Thursday.

A profile of Huawei's chief financial officer Meng Wanzhou is displayed on a Huawei computer at a Huawei store in Beijing, China, Thursday, Dec. 6, 2018. Canadian authorities said Wednesday that they have arrested Meng for possible extradition to the United States. (AP Photo/Ng Han Guan)

Talking Points AM | Larry Edelman

How a Chinese executive you never heard of affected the markets

Did the US break the trade cease-fire over Chinese spying and Iran sanctions?  The stock market — which is plummeting again this morning — sure thinks so.

President Trump, seen at a bilateral dinner meeting with President Xi Jinping of China during the Group of 20 summit, issued tweets Wednesday that offered a positive take on the possible outcome of trade talks with China.

Trump cites ‘strong signals’ from Xi as trade fears return

The president tried to calm global markets and ease concerns on Wednesday, declaring in a series of Twitter posts that the Chinese government was sending “very strong signals” about a weekend agreement he reached with President Xi Jinping.

Takeda’s Long Battle for $62 Billion Shire Deal Gets Victory

Christophe Weber, the chief executive officer of Takeda Pharmaceutical Co., has faced a string of challenges in his $62 billion pursuit of U.K.-listed drugmaker Shire Plc. The Japanese company’s shares tumbled, dissident shareholders tried to derail the deal and Shire repeatedly rebuffed his initial bids.

Brian Lang, left, president of Unite Here Local 26 in Boston, spoke at a news conference last month about the settlement of the strike against Marriott Hotels in Boston.

Progressive Marriott union contract could have ripple effects

Protections for immigrants, required training for new technology, and a registry of guests accused of sexual harassment are being seen as a boon for workers everywhere.

Business agenda

A retail conference, mortgage rates, and other events and things to know.

A Sears department store with store closing signs at the Grand Teton Mall in Idaho Falls, Idaho.

Weaker Sears holiday forecast heightens doubts about survival

‘‘There’s no place in the world for a retailer who can’t produce cash flow during Christmas,’’ said Noel Hebert, a credit analyst.

Mark Zuckerberg, Facebook’s chief executive, and Sheryl Sandberg, the chief operating officer, have said they were slow to respond to some of the social network’s problems.

Facebook offered advertisers special access to users’ data, activities

But perceived rivals, such as Twitter, were cut off from the data troves.

Esther and JC Tetreault, owners of Trillium Brewing Co., are vastly improving wage levels after being roundly criticized over how — and how much — they pay workers.

chesto means business

Trillium, humbled by pay flap, boosts wages of retail workers

One of the buzziest craft brewers around was blasted for paying tip wages to retail employees.

For Aras founder and chief executive Peter Schroer, the rising tide of investment proves that the nearly two decades of risks he’s taken on the company are paying off.

This 18-year-old company is somehow one of Massachusetts’ hottest startups

Aras makes software to help businesses manage the development of complex products.

Takeda wins shareholder approval for $62b Shire deal

Takeda Pharmaceutical Co. received shareholder approval for its $62 billion acquisition of Shire Plc.

Mass. accountant one of 4 men charged in Panama Papers investigation

Richard Gaffey, an accountant from Medfield, was one of four men charged with conspiracy and tax fraud charges Tuesday in the first U.S. prosecution related to the so-called Panama Papers.

Business agenda

Basketball networking, a pitch competition, and other events and things to know.

The breach at Marriott International hotels took place over four years and affected 500 million guests.

Marriott will pay for new passports after data breach ‘if fraud has taken place’

The breach took place over four years and affected 500 million guests.

Chesto means business

Boston business groups wage war over city’s proposed work-schedule rules

City Councilor Michelle Wu wants to require the employers to provide workers with written notice of a change in work hours at least two weeks before it takes effect.

Adam Gravel, on his property in Durham, Maine


Biologist’s goal: wind turbines that kill fewer bats and birds

Some conservationists say that wind turbines kill thousands of bats and birds every year. It’s usually due to collisions with the giant turbine blades, often during fall and spring migrations. But the perception that wind turbine sites are littered with all sorts of dead carcasses isn’t totally accurate, says Adam Gravel, a wildlife biologist who has been documenting the impact of wind energy projects for more than a decade.

Jane Mansbridge just wanted to sit with her husband Christopher Jencks on the way home from Sweden.

The Fine Print | Sean P. Murphy

British Airways messed up this couple’s seating on a flight. Then it wouldn’t give them a refund

On the way home, a Harvard professor had paid $126 extra to be seated with her husband. But instead they were seated far apart, without an explanation, apology, or refund.

FILE- In this Nov. 28, 2018, file photo trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Dec. 4. (AP Photo/Richard Drew, File)

Dow sinks nearly 800 points on trade worries

Stocks slumped on Wall Street as traders worried that the US and China made less progress than originally thought on defusing their trade dispute.

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.