The biggest barrier to Trump’s plan for cutting the trade deficit? It’s Trump

It’s the tax cutter versus the anti-free-trade crusader, and so far the cuts are winning

Allison Ritter is the creative director of IBM’s X-Force Command Center in Cambridge.


She uses her theater training to scare execs into better cybersecurity practices

IBM’s X-Force Command Center’s Allison Ritter creates crisis scenarios to help companies prepare for cyberattacks


Here’s one way to reduce the cost of college

A nonprofit offers tuition-free online courses for people to study for College Level Examination Program tests and Advanced Placement exams.

The Bunker Hill housing complex in Charlestown is nearly 80 years old.

After years of delays, developers unveil $1.25 billion plan for Charlestown housing complex

Developers want to build a mix of 2,700 low-income and market-rate units at Bunker Hill.

Latest Business headlines

The week ahead in business

A business book festival, an innovation showcase, and other events and things to know.

Ryanair under fire over racist incident on flight

Ryanair faced criticism after a video posted online apparently showed the airline’s crew failing to take action to remove a passenger who launched a racist tirade against a fellow traveler.

chesto means business

Rolling blackouts in New England could hinge on power plant’s fate

Brisk enough for you yet? Try going without electricity. As the heating season arrives, the cooler weather again brings concerns that we could run out of juice on chilly days.

Massport, Millennium reach a truce on the waterfront

The Massachusetts Port Authority and Millennium Partners have reached a peace on the waterfront, one that will cost Massport $6.5 million.

Maryland asks Supreme Court to uphold law on drug pricing

Maryland Attorney General Brian Frosh petitioned the US Supreme Court on Friday to uphold a first-in-the-nation law against pharmaceutical price gouging.


// 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

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.


// With genome sequencing, some sick infants get a shot at healthy lives

When babies become very ill, it can be difficult to know why. Answers can be hiding in their genes.

More Business headlines

EBSCO accused of including smut in school databases

The Ipswich-based information service is under fire from parents and conservative activists.

Slipping away

Whether it’s a beachfront home or a cabin in the mountains, there are several things to consider before investing in a winter getaway. |

Mass. sheds 6,200 jobs in September

The decline came as the summer season winded down, according to state data. The unemployment rate was unchanged at 3.6 percent.

Boston, MA - 10/116/18 - Abraham Mora Sosa (cq) practiced the team's skit. At an event called Guppy Tank, teams of sixth graders pitched product ideas to investors Shark Tank style. The students were from the Dennis C. Haley Pilot School in Roslindale, and made their pitches in the offices of Salsify, Inc., a downtown software company. (Lane Turner/Globe Staff) Reporter: (Allison Hagan) Topic: (18guppytank)

Fishing for a future in tech

Boston sixth-graders pitch and learned during a three-day Guppy Tank program.

A man checks the wiring on electric cables reaching out to homes in Saadoun Street in Baghdad. The country has faced chronic power shortages.

US persuades Iraq to quash Siemens deal in favor of GE

The Trump administration intervened to quash a $15 billion deal for Siemens Corp. to develop power stations in Iraq, instead persuading Baghdad to sign an agreement with General Electric Co., two administration officials said.

Boston, MA 12/07/2010- Nurse Robin McLaughlin (cq) runs to respond to a code red alarm from a patient during her shift at the Clinic Center at Beth Israel Deaconess Hospital West Campus. (Bill Greene/Globe Staff) cutline belwo from Liz: Nurse Robin McLaughlin runs to respond to a code red alarm for a patient during her shift at the Clinic Center at Beth Israel Deaconess Medical Center. Red alarms are among the most urgent and staff must go immediately to provide medical help. Library Tag 02132011 National/Foreign


Business groups could prove to be important allies for hospitals in Question 1 battle

Hospital administrators found a natural ally in their efforts to thwart mandatory nurse staffing ratios: other executives.

Facebook’s “War Room” is the nerve center of its fight against misinformation.

Facebook takes aim at fake news

The social network has set up a nerve center to combat fake accounts and bogus news stories ahead of upcoming elections.

Weekend agenda

Branding talks, a minority business conference, and other events and things to know.

 An image of a long-planned, but never formally-proposed, skyscraper developer Don Chiofaro wants to build on the downtown Boston waterfront popped up in a presentation given by Mayor Martin J. Walsh this week. BUSINESS 10-19-18

Wait, did Marty Walsh just tease a Don Chiofaro harbor tower?

The mayor’s PowerPoint presentation on preparing for rising seas included an intriguing image.

Brian Charlson, who was blinded at age 11, typed on a Braille keyboard in his office at the Carroll Center for the Blind in Newton.


How being blinded in an accident made Brian Charlson’s life better

The Carroll Center for the Blind’s technology director says he was inspired to work for change.

Startups trying to save water win big at MassChallenge

wo water conservation businesses were among the winners of the annual startup accelerator program.

Apple CEO Tim Cook discusses the new MacBook at the Steve Jobs Theater during an event to announce new products Wednesday, Sept. 12, 2018, in Cupertino, Calif. (AP Photo/Marcio Jose Sanchez)

Apple to unveil iPad, MacBook laptop overhauls on Oct. 30

Apple Inc. said it will hold a product announcement Oct. 30 in Brooklyn, New York, likely to unveil new iPads and Mac computers.

 The company that runs MoviePass is being investigated by the New York Attorney General on allegations that it misled investors.

MoviePass operations under investigation by New York AG

The company that runs the beleaguered MoviePass discount service for theater tickets is being investigated by the New York Attorney General on allegations that it misled investors.

Roger Crandall, the chief executive officer, of Massachusetts Mutual Life Insurance Co.

MassMutual sells OppenheimerFunds to Invesco

Mass. Mutual Life Insurance Co. and OppenheimerFunds employees will get about $5.7 billion in Invesco preferred and common stock for the fund unit, which has $246 billion in assets.

Praveen Tipirneni, CEO of Morphic Therapeutic.

Morphic signs $100 million licensing deal with AbbVie

The Waltham startup will work on developing treatments for fibrosis-related conditions.

A brain scan taken of a patient in a study launched by Rodin Therapeutics. The Cambridge company is testing the radioactive substance, developed by a Belgium-based drug maker, as it prepares to test its experimental medicine to treat Alzheimer’s disease.

New chemical eyed in fight vs. Alzheimer’s

A Cambridge biotech startup is using a new method to gauge the health of synapses in people’s brains as it prepares to test an experimental medicine to treat Alzheimer’s disease.

Business agenda

A crisis seminar, mortgage rates, and other events and things to know.

The tough working conditions for meatpackers have long forced the industry to turn to immigrants for workers. But tougher immigration policies have left many jobs unfilled.

Workers in demand in meat processing

On any given Monday, America’s biggest supplier of ground beef has 1,000 jobs unfilled, pushing Cargill Inc. to aggressively sweeten the pot on benefits to retain existing workers and hire new ones.

The Internet Research Agency is a Russian troll farm.

Twitter airs election meddling data

Twitter is releasing all known accounts and posts related to “information operations” dating back to 2016, when it was first learned that foreign operators were using social media to meddle in US elections.

The Universal Postal Union treaty has allowed Chinese goods to enter the United States at discounted shipping rates.

Trump ditches 144-year-old postal pact that boosts Chinese retailers

President Trump moved Wednesday to withdraw from a postal agreement that enables businesses in China to mail small packages to the United States at a hefty discount.

Boston Mayor Marty Walsh.

Chesto means business

Marty Walsh turns to business community to help solve financial puzzle of climate resiliency

Business leaders seem ready to embrace Marty Walsh’s vision of a “climate ready” Boston. Whether they’re ready to break out their checkbooks remains to be seen.

Boston Mayor Marty Walsh.

Walsh climate plan an early hit with business folks

The Chamber of Commerce set seemed willing to help — even though the cost is far from clear.

A rendering from page 44 of the

Walsh calls for major investment to guard city against flooding

Mayor Martin Walsh will roll out an array of projects designed to protect Boston from rising sea levels. And he’s asking business leaders for their help to make them happen.

Education Secretary Betsy DeVos wanted to develop her own loan regulations.

Delayed Obama for-profit fraud protection ordered into force

Students defrauded by for-profit colleges scored an important victory on Tuesday, when a court cleared the way for an Obama-era policy that will make it easier for them to get their student loans forgiven.

Business agenda

A fall mixer, a hacking contest, and other events and things to know.

Carl Icahn (above) last tangled with Michael Dell in 2013, when Dell took his namesake company private.

Chesto Means Business

Michael Dell’s showdown with nemesis Carl Icahn can be traced back to EMC deal

Michael Dell’s old foe is back — and this time he’s armed with a copy of Machiavelli’s “The Prince.”

Ed (left) and Todd Park are trying to building another major player in the health care field.

This company, led by veteran athenahealth execs, just raised $300m

With Devoted Health, Ed and Todd Park are on their way to building another major player in the field.

“Our board of directors is confident that integrating the two companies’ portfolios is the right path,” said Warp Drive Bio CEO Laurence Reid.

Warp Drive Bio bought by California company

Under the deal, the Cambridge biotech’s local operations will be shut down. The combined firm will consolidate to an office in Redwood City, Calif.

The legal action is a twist in Attorney General Maura Healey’s campaign to police the so-called competitive energy market.

Conn. company is accused of overcharging more than 100k Mass. residents for electricity

Attorney General Maura Healey’s crackdown on competitive electricity suppliers took a twist this week as her office sued Starion Energy.

FILE- In this Oct. 11, 2018, file photo trader Thomas Ferrigno works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 16. (AP Photo/Richard Drew, File)

US stocks rally most since April as tech surges

Corporate earnings reports provided a respite from tensions over trade and geopolitics. The dollar declined.

Steve Pagliuca was on a list of speakers at Saudi Arabia’s Future Investment Initiative.

Bain Capital co-chairman won’t attend Saudi conference

Add Bain Capital co-chairman Steve Pagliuca to the list of executives who are bailing from Saudi Arabia’s Future Investment Initiative.

Steve and Diane Trask with their son, Brayden, 13.

Sean P. Murphy | The Fine Print

A dog dies, and his family wants answers

Steve Trask discovered his family’s pet puggle in rough shape at a boarding facility, and then things took a more dire turn.

Elon Musk

Judge approves Elon Musk’s $40m settlement with SEC over tweets

The judge’s decision was largely expected, even after Musk muddled the process by insulting the SEC in a series of tweets just a few days after reaching the settlement deal.

Facebook will force British political ad buyers to reveal identity

‘‘By having people verify who they are, we believe it will help prevent abuse,” Facebook said.

The buildings of the former Adak Naval Air Facility sit vacant in Alaska. The Trump administration may tap the base as a coal export hub.

US eyes West Coast military bases for coal, gas exports

It would be an end-run around local officials who have rejected private-sector efforts to build coal ports in their states.

“President Trump is taking historic action to bring patients more transparency through consumer advertising,” HHS Secretary Alex Azar said Monday.


Trump wants drug makers to disclose prices online

HHS Secretary Alex Azar suggested the policy change would help bring down drug prices.

More Wall Street executives pull out of Saudi conference, but Mnuchin plans to attend

The disappearance of a Saudi dissident journalist has put Steven Mnuchin, the US Treasury secretary, in an increasingly awkward position as he prepares to attend an investment conference in Riyadh next week.

A sign for a Sears department is displayed in Hackensack, N.J., Monday, Oct. 15, 2018. Sears filed for Chapter 11 bankruptcy protection Monday, buckling under its massive debt load and staggering losses. (AP Photo/Seth Wenig)

Girdles and socket wrenches: Sears was the Amazon of its day

Before there was Amazon — or, for that matter, Home Depot or Walmart or Kmart — there was Sears.

Bold Types

Inner-city entrepreneurs get boost from Steve Grossman

Under Grossman’s watch, the Initiative for a Competitive Inner City has broadened its scope, from three cities to 11, with four more planned in 2019.

Cryptocurrency coins. Fidelity will offer security and storage services, and trade execution for digital assets.

Fidelity starts cryptocurrency unit to serve Wall Street customers

Fidelity Investments is jumping into the emerging cryptocurrency arena with a new business to manage digital assets for hedge funds, family offices and trading firms.

Developers say this project will rise on the site of the former Boston Flower Exchange on Albany Street.

Chesto Means Business

Industrial market is hot in Boston, but is it hot enough to save the city’s middle class?

High office rents and soaring home prices get the attention, but Greater Boston’s industrial market is also on fire right now.

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.