Two big wind farms to rise off coast of Martha’s Vineyard

Massachusetts and Rhode Island officials selected two projects that could add dozens of turbines south of the island.

Necco Wafers are New England Confectionery Co.’s best-known candy.

Necco is sold for $18.8 million at bankruptcy auction

Spangler Candy, which makes Dum Dums lollipops, bested two other bidders to acquire the Revere candy maker. The result means Necco will stay in business, at least through the fall.

Facebook CEO Mark Zuckerberg was questioned on Tuesday by European lawmakers about data privacy.


EU’s new data-privacy rule will be felt by many Americans, too

Many companies, including those in the US, may find it easier to use European data rules that take effect Friday for all of their customers.

Superpedestrian chief executive Assaf Biderman said his company will use its new investment money to begin building electric bikes for services than rent bikes.

Electric bike maker charges into ride-sharing

Cambridge-based Superpedestrian is charging up on cash, in a bid to become a major supplier of bikes for ride-sharing services.

Latest Business headlines

Garelick Farms says it will close its dairy in Lynn

Garelick, a 90-year-old milk and dairy company, is the seventh largest employer in Lynn, and an estimated 300 workers are expected to lose their jobs. Dean Foods, the parent company, blamed the closure on falling milk sales.

Leslie Moonves and Shari Redstone dig in for a long legal war at CBS

The hostilities between two prominent media companies are unlikely to cool off any time soon.

France’s Macron takes on Facebook’s Zuckerberg in tech push

French President Emmanuel Macron took on Facebook CEO Mark Zuckerberg and other internet giants Wednesday at a Paris meeting to discuss personal data protection and taxes as France pushes for tougher European regulations.

Stop & Shop recalls frozen broccoli amid listeria concerns

The Stop & Shop supermarket chain has issued a recall for its store brand frozen broccoli after listeria was found during routine testing.

Fed gives stocks a boost; tech and retail companies rally

US stocks turned higher Wednesday after the Federal Reserve indicated it’s not in a hurry to raise interest rates.


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// 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 new VC firm will invest in your startup — and your health and wellness

Alpha Bridge Ventures is betting that overworked, unhealthy startup founders are bad for the bottom line.

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Business agenda

Mortgage rates, a real estate webinar, and other events and things to know.

Partners and Care New England Health System first announced their discussions to merge in April 2017.

Partners HealthCare, R.I. hospital system finalize merger deal

The health systems said they have signed a “definitive agreement” for Partners to acquire Care New England.

East Boston- 10/03414- It was the last day of racing at Suffolk Downs which will be ending live racing. Horses leave the gate for the last race. Boston Globe staff photo by John Tlumacki (sports)

Suffolk Downs group plans to conduct racing at Great Barrington in 2019

Suffolk’s parent company will lease the Western Massachusetts track, which will need upgrading.

 Dr. Kevin Tabb, chief executive of Beth Israel Deaconess Medical Center, at a state Public Health Council meeting in April.

If regulators OK the deal, the state’s new health care giant will be called Beth Israel Lahey Health

Officials say coming up with the new name required months of discussions and market research.

Workbar has expanded to eight Greater Boston locations.

Workbar, poised for more growth, has a new CEO

The Boston-based co-working company has tapped industry vet Sarah Travers to take over from cofounder Bill Jacobson.

There’s no sign of a slowdown in Mass. home prices

With demand outstripping supply, the latest data suggest a record hot summer for real estate.

Mass. pension fund enjoyed highest return from private equity investments of any in country

When it comes to private equity, at least, the state’s pension fund can brag again about being No. 1.

Thomas Bernhardt, Edward Boyden, Dr. Benjamin Ebert, Stephen Liberles, Beth Stevens, and Feng Zhang. (Scott Eisen for HHMI)

Six local biomed researchers awarded $8 million apiece, with no strings attached

They’re among 19 nationwide to share unrestricted funding from the Howard Hughes Medical Institute.

Treasury Secretary Steven Mnuchin denied that the United States is offering relief for ZTE in exchange for trade concessions.

US and China work on ZTE rescue; Mnuchin denies quid pro quo

President Trump said Tuesday that the deal might require ZTE to revamp its board and to pay a fine of $1 billion or more.

Representative Al Green, a Texas Democrat, called the GOP bill “a big-bank bonanza.’’

Congress moves to end key post-crisis bank rules

The House voted 258-159 to approve legislation rolling back the Dodd-Frank law, notching a legislative win for President Trump.

All three finalists for the chancellor position at UMass Boston withdrew from consideration after criticism from the faculty.

Shirley Leung

In the mess at UMass Boston, it’s hard to know whom to blame more

No one is a winner in the disarray at UMass Boston, and how to move forward isn’t evident.

Short-term rental hosts and industry giants such as Airbnb have been lobbying for looser rules on by-the-night rental of apartments and homes in the city.

City Council won’t vote yet on short-term rental rules

Councilors will probably spend at least two more weeks hammering out rules governing short-term rentals in Boston.

Stocks slip as smaller companies and industrials fade

Stocks finished the day mostly lower as industrial companies and retailers fell.

Business agenda

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Environmental group objects to zoning that allows waterfront towers

Conservation Law Foundation says state is giving away too much to developers.

Omni Hotels officials, Mayor Martin Walsh, Governor Charlie Baker, and other dignitaries met to ceremonially break ground on the Omni hotel project across the street from the convention center in the Seaport District.

Fidelity sues Omni hotel developers over use of ‘Seaport Hotel’ name

Fidelity says the name of a new hotel in the Seaport District conflicts with one it has owned nearby for 20 years.

Retired plumber Barney Smith, 96, greeted a visitor to his Toliet Seat Art Museum in Alamo Heights, Texas.

The ‘King of the Commode’ seeks an heir to his thrones

“This is my life’s history here,” said Barney Smith, a retired plumber and owner of the 1,350 toliet seats in his Toilet Seat Art Museum.

Gasoline prices were seen at a gas station near downtown Los Angeles.

Evan Horowitz | Quick Study

Gas and mortgages are getting expensive again. Welcome to a normal economy

Gas at $3 a gallon. Mortgage rates nearing 5 percent. It’s starting to look a lot like America before the financial crisis.

A computer-generated image shows a group of carbapenem-resistant Enterobacteriaceae bacteria.

Partnership based at BU gets $50m to help fight drug-resistant superbugs

Infections from drug-resistant superbugs cause around 700,000 deaths worldwide each year, including an estimated 23,000 in the United States.

McDonald’s workers in 9 cities file sex harassment claims

Two national advocacy groups are teaming up to lodge the complaints against the fast food giant.

Imported cars awaited distribution while sitting in a lot in Qingdao, China. Beijing said Tuesday it will reduce auto import duties effective July 1.

China will cut auto import taxes as of July 1

The immediate impact of the change was expected to be limited, as most cars sold in China by global automakers are produced domestically.

A “60 Minutes” segment is prompting Treasury Secretary Steven Mnuchin to seek an antitrust probe of the tech industry.

Mnuchin urges antitrust probe of tech after Google report

Treasury Secretary Steven Mnuchin is urging an antitrust probe of the tech industry.

McDonald’s workers block HQ, chant ‘We can see your greedy side’

About 150 cooks and cashiers blocked the entrance to the corporate headquarters in Chicago on Monday, protesting what they call unfairly low pay.

Critics say a toxic workplace culture was allowed to fester at Uber under former CEO Travis Kalanick.

Former Uber engineer’s lawsuit claims sexual harassment

As Uber works to remake its tarnished image, the company is still dealing with the fallout from its past misdeeds.

Southwest Airlines temporarily offered one-way fares as low as $49 last week.

Despite rising jet fuel costs, air fares steady

The airline industry has been so competitive that carriers haven’t been able to pass on much of the cost to consumers.

Bob Cordy.


Retired SJC justice Bob Cordy is still busy writing his next chapter

Cordy has continued his work in helping to reform Uzbekistan’s legal system.

Supreme Court says employers can bar worker class actions

A split decision potentially limits the rights of tens of millions of employees with legal claims against companies.

Hopes for better US-China trade relations lift stocks

Industrial and technology companies led stocks to solid gains Monday after the US and China appeared to make progress in trade talks.

GE Transportation, which had about 8,000 employees on Jan. 1, has faced falling sales after a decline in North American rail-shipping volume left an oversupply of trains.

GE will merge its locomotive business with Wabtecin an $11.1b deal

Boston-based General Electric stock rose the most in a month as its CEO took the biggest step yet in his plan to revitalize the beleaguered manufacturer.

Business agenda

A panel on fraud protection, a breakfast for IT professionals, and other events and things to know.

Necco wafers were sorted for packaging at the company’s Revere plant.

Three new bidders are sweet on acquiring Necco

The bankrupt Revere candy company is scheduled to be auctioned off Wednesday.

City Council divided on Walsh’s proposed rules to restrict Airbnb-type short-term rentals

Several councilors questioned the purpose of regulations that would all but ban by-the-night rentals of homes by non-owner-occupants through popular websites such as Airbnb.

Former president Barack Obama.

Barack and Michelle Obama sign on with Netflix

Netflix says that it has reached a deal with Barack and Michelle Obama to produce material for the streaming service.

Emorfily Potsidis prepared Jack Hogan, 13, for an eye exam at Mass. Eye and Ear.


After nerve-racking eye surgery, the world comes into focus for an early recipient of gene therapy

Jack Hogan, 13, was the first person to get an $850,000 therapy called Luxturna, in an attempt to improve his sight.

Treasury secretary says US and China are putting trade war on hold

The gesture will temporarily ease tensions, but rapidly increase pressure on President Trump to secure the type of tough deal he has said is necessary.

The library building on the campus of UMass Boston in Dorchester.

Somerville company offers free tuition at UMass Boston

Like many bosses around here, Triumvirate Environmental CEO John McQuillan is finding it increasingly tough to find the talent he needs.

(FILES)This file photo shows the GE logo on a sign outside the corporate headquarters of the General Electric company, in Fairfield, Connecticut. General Electric reported lower second-quarter earnings on July 21, 2017 following a mixed performance of its industrial division as outgoing chief executive Jeff Immelt prepares to step down.Net income was $1.2 billion, down 57 percent from the year-ago period. Revenues fell 11.8 percent to $29.6 billion. The results in the 2016 period were boosted by the inclusion of appliances assets that have since been sold. / AFP PHOTO / STAN HONDASTAN HONDA/AFP/Getty Images

GE is said to be in talks to merge its transportation business with another company

Boston-based General Electric is reported to be moving toward a merger of its transportation unit with another transportation company.

“We’re putting the trade war on hold,” Treasury Secretary Steven Mnuchin said on “Fox News Sunday.”

Treasury secretary says US and China are putting trade war on hold

The gesture will temporarily ease tensions, but rapidly increase pressure on President Trump to secure the type of tough deal he has said is necessary.

David Sinclair, professor of genetics and director of the Paul F. Glenn Center for the Biology of Aging, has been working on triggering an anti-aging enzyme called SIRT1.

Scientists in Mass. and beyond are working to slow the aging process

Serious scientists, who’ve long scoffed at “anti-aging” products such as nutritional supplements and growth hormones, are now warming to the idea of slowing human aging.

New Starbucks policy: No purchase needed to sit in cafes

Starbucks announced a new policy Saturday that allows anyone to sit in its cafes or use its restrooms, even if they don’t buy anything.

Missouri lawmakers approve measure regulating fake meat

Missouri lawmakers have approved legislation that bans companies from labeling lab-grown meat products or meat substitutes as meat.

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.