Charlestown looks at bringing new life to an old navy yard

The South Boston Waterfront may hog the limelight these days. But city officials are turning their attention to Charlestown’s historic Navy Yard, where nearly 2,000 people live.

Ex-CBS chief executive Leslie Moonves was an entertainment industry titan until a magazine article detailed sexual harassment claims.

CBS says Leslie Moonves will not receive $120 million severance

CBS Corp. said its former chief executive, Leslie Moonves, misled the company about multiple allegations of sexual misconduct and tried to hide evidence.

Sanofi, based in France, is the largest life sciences employer in Massachusetts.

Sanofi signs megalease at Cambridge Crossing

French drug maker plans to move 2,700 employees into 900,000 square feet at new development.

Amtrak workers and their supporters at South Station Monday protested cuts in dining service, and the possible outsourcing of food and beverage jobs.

Unions protest at South Station over possible outsourcing of Amtrak jobs

A demonstration in Boston was the latest in a series of actions across the country denouncing reductions in Amtrak meal service and the job losses that could ensue.

Latest Business headlines

Move over, champagne: Consumers in search of bubbly are increasingly reaching for prosecco

Prosecco has become the best-selling sparkling wine in the world by volume, and experts say it is eroding the market share of champagne.

Entrada Therapeutics launches with $59 million in VC funding

Boston biotech aims to develop new drug-delivery method.


Tuition that goes down over four years? It’s true at Lasell

Lasell president Michael Alexander said an off-campus sophomore year saves money for the school and its students.

Business agenda

A coding crash course, an energy talk, and other events and things to know.

Federal Reserve expected to hike interest rates Wednesday, a move Trump calls ‘foolish’ and ‘incredible’

Federal Reserve expected to hike interest rates Wednesday, a move Trump calls ‘foolish’ and ‘incredible’


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// The 2018 Top Places to Work in Massachusetts

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// Recovery experts set up new ‘religion’ in Maine that may skirt drug laws

The Church of Safe Injection illegally distributes clean syringes. Branding as a “religion” may offer some legal protection.

More Business headlines

Les Moonves in 2017.

CBS says Les Moonves misled company about misconduct claims, won’t receive $120m severance

The company said its former chief executive tried to hide evidence as he made a frenzied attempt to save his legacy and reap a lucrative severance.

NEW YORK, NEW YORK - DECEMBER 17: People walk by the New York Stock Exchange (NYSE) and the NYSE Christmas Tree on December 17, 2018 in New York City. Stocks fell again in morning trading as investors remain jittery over trade with China, interest rates and the threat of a global slowdown. (Photo by Spencer Platt/Getty Images)

Dow plunges 500 points, stocks close at 14-month low in broad sell-off

US stocks skidded Monday as another day of big losses took the market to its lowest level in more than a year.

Northeastern receives $50 million gift to further AI studies

The university’s information and sciences college will be named after the donor, Amin Khoury.

NEW YORK - APRIL 03: People demonstrate in the financial district on April 3, 2009 in New York, New York. Dozens of anti-capitalist protesters gathered in the financial district to begin a two day rally against Wall St. and the recent government bailout of banks and financial institutions. (Photo by Spencer Platt/Getty Images) / library tag 04042009 business

Ex-president of only bank charged with fraud in US crisis bailout program gets 6 years prison

The former president Wilmington Trust in Delaware is going to prison for covering up the bank’s troubled condition in the wake of the 2008 financial crisis.

FOR USE ANYTIME--Traders on the floor of the New York Stock Exchange work frantically as the Dow Jones industrial average plummets 508 points for a loss of over 22 percent on October 19, 1987. It was the biggest one-day loss in history. (AP Photo/Peter Morgan)

Talking Points AM | Larry Edelman

When the Dow fell 22 percent, the world didn’t end. Keep that in mind this nervous Noel

The world is a scary place, especially these days. But we’ve always powered through bad times.

Netflix’s movie blitz takes aim at Hollywood’s heart

Moviegoers may not know Scott Stuber, but he is fast becoming one of the most important — and disruptive — people in the film business.

Unruly, a Boston startup, makes these programmable tiles that kids can use to create physical games.

STEM toys promise to turn kids into tech geniuses. Grown-up coders are skeptical

There’s a growing market for so-called STEM toys, which promise to teach science, technology, engineering, and math skills. Do they work?

The week ahead in business

An Excel boot camp, networking, and other events and things to know.

Travel sites like Needham-based TripAdvisor often rely on third-party booking sites to arrange your trip. TripAdvisor said it recently suspended its use of HotelQuickly after many of its reservations were canceled.

Sean P. Murphy | The Fine Print

Beware of those big travel sites offering great deals

Jon Harrington found out the hard way that sometimes the sites rely on smaller, less reliable agencies to do the booking.

Here are a few toys that math and science experts say can actually help your child learn

Colin Kroll (left) was the cofounder of the popular HQ Trivia app.

Colin Kroll, co-founder of HQ Trivia app, found dead in New York

Police said Kroll died of an apparent drug overdose.

Jeff Feccia was a welcome sight delivering trees in South Boston.

That perfect tree is just a few clicks away

Online ordering and Internet-enabled sales strategies are transforming the Christmas tree trade for both tree sellers and their customers.


Trump is bad at regifting. You don’t have to be.

“Well, I’m the namesake, so I got regifted all the things that were monogrammed for him at times,” Donald Trump Jr. said.

Three developers backed by major European energy companies paid a record $405 million to gain access to 390,000 acres of federal waters nearly 20 miles south of Martha’s Vineyard and Nantucket. Above: The wind farm off Block Island, R.I.

Chesto Means Business

Offshore wind auction draws huge interest and big money

Three developers backed by major European energy companies paid a record $405 million to gain access to 390,000 acres of federal waters.

Stephen Spinelli Jr., co-founder of Jiffy Lube International, will replace president Kerry Healey.

Babson College names Jiffy Lube cofounder as next president

Stephen Spinelli Jr. worked at Babson from 1993 to 2007. He will replace Kerry Healey, who is stepping down in June.

GM says it has 2,700 jobs for workers slated to be laid off

General Motors’ plans to lay off 14,000 salaried and blue-collar workers might not be as bad as originally projected.

Facebook says bug opened access to private photos

The social media platform announced Friday that it had discovered a bug that allowed outsiders access to private photos, potentially affecting some 6.8 million people who use the service.

The Weekly Standard, pugnacious to the end, will cease publication

The primary voice of conservative Washington that found itself out of step with the Trumpward turn in the Republican Party, is ceasing publication after 23 years, its owners announced Friday.

Bruce Boyd, facility manager of The Rashi School in Dedham, has a passion for the details that go into keeping buildings running smoothly.


This facilities manager acts like he owns the place

There’s “a place for everything and everything in its place,” says Bruce Boyd, facility manager of The Rashi School in Dedham.

Dow sheds 500 points on weaker economic outlook for China

The S&P 500 was back in correction territory on the retreat and saw its sixth decline in eight sessions.

Facebook says bug may have exposed user photos to developers

Up to 6.8 million people who use the service might have been affected.

A trader at the New York Stock Exchange got to work Friday after the opening bell.

US stocks stagger to lowest close since April

Mounting concern over the health of the global economy overshadowed positive trade developments and signs of US consumer strength. The Dow fell almost 500 points.

Talking Points AM | Larry Edelman

Nine takeaways from the Journal’s sprawling tale of GE’s collapse

The story provides a fly-on-the-wall view of events that Boston readers could never have expected when General Electric moved to Fort Point Channel in the summer of 2016.


Finding safe tech gifts is tougher than it ought to be

Companies like Mozilla are trying to create basic consumer tech standards to let shoppers know when gadgets are safe.

Eliza Dushku in 2016.

CBS made secret $9.5 million deal with Eliza Dushku after harassment claims

Dushku says she was written off the show “Bull” after she spoke up about misconduct on the set. The settlement came to light after CBS’s chief resigned when he was accused of harassment.

Boston won’t get Apple’s new $1 billion campus — that will be built in Austin, Texas. Once again, we missed out on a big-time corporate site, but online retailer Wayfair plans to add thousands of jobs here.

Here’s what Apple’s snub says about Boston’s status as a tech hub

The region seems capable of nurturing homegrown tech wunderkinds, but the area has struggled in the trophy class of tech expansions, the new campuses with thousands of jobs.

Quantitative easing “is part now of the toolbox; it’s permanent,” Mario Draghi, president of the European Central Bank, said Thursday.

Europe’s Central Bank ends one of the biggest money-printing programs ever

The wind-down of the bond-buying program showed that the central bank was confident enough in the eurozone’s health to begin taking the region off life support.

Senator John F. Keenan, Democrat of Quincy, plans to file legislation to end daylight saving time.


Bill on Beacon Hill would eliminate clock-changing

Early sunsets got you down? A Quincy lawmaker has a cure for those wintertime blues.

Farmer Terry Davidson walked through his soy fields in Harvard, Ill., on the same July day that China imposed retaliatory tariffs aimed at the US soybean market.

Trump gets win as Xi makes good on pledge to buy US soy

China resumed buying US soybeans, bringing some relief to farmers in Donald Trump’s heartland as President Xi Jinping works toward a trade deal with his American counterpart.

General Electric stock rose 7.3 percent Thursday.

GE stock surges as grumpiest bear says worst just may be over

Steve Tusa, the JPMorgan analyst who has had a sell rating on General Electric for more than two years, upgraded the shares to neutral.

An architectural rendering shows the residential project that would replace a city-owned parking lot on Tremont Street.

Developers get OK for high-rise affordable housing on Chinatown parking lot

Millennium Partners and a team of developers it’s leading received a green light Thursday to turn a Chinatown parking lot into a high-rise full of affordable housing.

Weekend agenda

A business brunch, a finance workshop, and other events and things to know.

Newly built Seaport office building sells for $455 million

121 Seaport Blvd. is home to tech firm PTC and drugmaker Alexion. It was among the richest office space sales ever in the city.

Stock market settles down, but small companies’ shares slip again

Stocks wobbled Thursday as the markets turned fairly quiet after a very turbulent start to the week.

Many Wall Street stocks down, but Dow rises slightly

The Dow rose 70 points, or 0.3 percent, to 24,597. The Nasdaq and S&P 500 finished down.

Mark Kempic was named chief operating officer of Columbia Gas of Massachusetts

Columbia Gas appoints new executive in Massachusetts

Mark Kempic will be chief operating officer of Columbia Gas of Massachusetts and see out the final work restoring service in the Merrimack Valley following the Sept. 13 disaster.

Online retailer Wayfair already has more than 5,000 employees in Boston at its Copley Place headquarters.

State gives Wayfair $31 million in tax breaks for 3,300 jobs in Boston and Pittsfield

The online retailer also unveiled plans for a third location in the Back Bay.

Is Kendall Square no longer “the” place for tech types to meet and greet?

Scott Kirsner | Innovation Economy

Predictions for Boston’s tech scene: A colder winter, but no big chill ahead

Columnist Scott Kirsner convened a panel of experts, through group text messaging.

Without Amazon, Suffolk Downs may become a huge new neighborhood

Boston aims to strike a balance as major development plans for Suffolk Downs move forward.

Amazon went to New York’s City Hall. Things got loud, quickly.

NEW YORK — It was variously described as a rite of passage, a take-your-medicine moment, and a very New York-style welcome: Two Amazon executives raised their right hands and then faced more than three hours of public grilling by the New York City Council.

Indigo Ag chief executive David Perry, shown in a company greenhouse in Cambridge, is among Indigo executives who will be based in Memphis.

Boston startup Indigo Ag growing down south

Charlestown company that produces stronger seeds for agriculture is expanding in Memphis.

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.