Survey says: Many Americans love their fake news

Unreliable news sites are riding a wave in the United States. Nearly 10 percent of the online stories followed most closely by readers in the United States in December came from such sites, a 20 percent increase from the previous month.

The No Name Restaurant abruptly closed at the end of the year.

Chesto Means Business

No Name’s unpaid tax bill could be the big one that got away

Of all the delinquent commercial property tax owners in Boston, nobody even comes close to the now-defunct No Name Restaurant.

Springfield casino rethinks its business plan as gambling revenue lags

When Jim Murren, CEO of MGM Resorts International, flies in from Las Vegas to greet Red Sox owners and players in Springfield on Friday, he will bring a plan to change up the business mix at the company’s first New England casino.

A dealer inspected a 3½-pound lobster in Kennebunkport, Maine. This week’s preliminary trade pact does not mean the end of trade-war tariffs on two New England staples, lobster and cranberries.

Trade deal leaves cranberry, lobster industries frustrated

The agreement calls for China to buy $200 billion worth of goods from the United States while the two countries continue discussions on a broader trade deal.

Latest Business headlines

5 things you have to check out at the new 99 Ranch supermarket

The California grocery chain’s newest location caters to Quincy’s large Asian population, although the store is big and bright, showing a Western-style approach.

Jon Chesto | Chesto Means Business

Convention center authority looks to buy its own ferry, to bolster Seaport service

The Massachusetts Convention Center Authority is no longer just trying out ferry service. In fact, it’s doubling down.

Aeronaut Brewing says its former CEO took trade secrets

But the departed co-founder of the Somerville company maintains that many of the allegations amount to misunderstandings with his longtime friends.

If you have Windows 7 on your computer, read this

Microsoft has ended support for the consumer version of its still-popular operating system, leaving home users vulnerable to bugs and breaches.

US agency examining Tesla unintended acceleration complaint

The US government’s auto safety agency is looking into allegations that all three of Tesla’s electric vehicle models can suddenly accelerate on their own.


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The private sector is unwilling to take on the financial risk, experts say, despite desperate need.

More Business headlines

Passengers went through security at John F. Kennedy International Airport in New York.

US will test for deadly virus at JFK, SFO, LAX Airports

Passengers flying into three of the busiest US airports from Wuhan, China, or via connecting flights will be screened for a deadly new virus that has sickened dozens in China and already spread in Southeast Asia.

US housing construction jumps 16.9% in December

Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labor market helped lift the prospects of the housing industry.

First woman, and person of color, to head labor council

For the first time in its 62-year history, the Greater Boston Labor Council has elected a woman, and a person of color, as its leader.

Swissbakers is known for its pretzels.

Swissbakers reopens Allston cafe less than two months after chain’s abrupt shutdown

The local company says that it hopes to eventually turn the lights back on at three other locations, too.

Scape’s proposed Fenway apartment complex clears key hurdle

British company had originally planned the 451-unit building as a dorm for college students.

Trucks headed for the border crossing into Texas, in Nuevo Laredo, Mexico.

Senate sends a revised NAFTA to Trump, who’s expected to sign it

Congress on Thursday gave final approval to President Trump’s revised North American Free Trade Agreement, handing the president his second trade victory of the week.


New master developer chosen to remake former Weymouth air base

Stories you may have missed from the world of business.

Weekend Agenda


Stock indexes rally to more record highs, led by tech gains

A batch of solid economic data injected more optimism into markets a day after the signing of an initial US-China trade deal.

How swallowing a star might keep you from missing a dose of medicine

A Watertown startup’s ingestible drug delivery system is designed to dole out treatments over time.

CEO of Smith & Wesson owner out after misconduct allegations

CEO of Smith & Wesson owner out after misconduct allegations


For newsrooms in Fall River, Beverly, and elsewhere, it’s inevitable: They’re moving to smaller digs

Your local daily newspaper’s office might soon be tougher to find.

NBC consolidates its four Boston-area stations in to spacious new digs in Needham

NBCUniversal’s fancy new home in the Boston market is finally ready for its close-up.


WBZ radio personalities caught up in iHeartMedia layoffs

Stories you may have missed from the world of business.

Visitors enjoyed the views while eating at the Top of the Hub at the Prudential Center.

Prudential Tower’s Top of the Hub, Skywalk to close in April

The upscale “jackets recommended” restaurant has been serving New England standards to tourists and special-occasion guests since the Pru opened 54 years ago. But the building’s owner, Boston Properties, didn’t renew its lease, according to John Quagliata, chairman of Select Restaurants Inc.

Children evacuate the Park Avenue Elementary school in Cudahy, Calif., Tuesday, Jan. 14, 2020. Fire officials say fuel apparently dumped by the aircraft returning to LAX fell onto the school's playground. A fire department tweet says firefighters are assessing

Delta jet dumped fuel over LA without warning, FAA says

The crew of a Delta Air Lines Inc. flight that experienced engine trouble shortly after taking off from Los Angeles failed to notify air traffic controllers before they dumped fuel over a densely populated area that included several elementary schools, the Federal Aviation Administration said.

Business Agenda


Chinese Vice Premier Liu He and President Trump shook hands after signing a limited trade agreement at the White House Wednesday. The pact is intended to open Chinese markets to more US companies, increase farm and energy exports, and provide greater protection for US technology and trade secrets.

Trump signs China trade deal, putting economic conflict on pause

The pact is intended to open Chinese markets to more US companies, increase farm and energy exports, and provide greater protection for US technology and trade secrets.

Toyota makes $394m bet on flying taxis

The deal makes Joby Aviation the best-funded electric vertical take-off and landing startup.

Fidelity Investments’ top fixed-income executive, Nancy Prior, has announced her retirement.

Fidelity’s $1 trillion fixed-income head Nancy Prior is retiring

Nancy Prior, 52, will depart later this year and the firm will name a successor, Fidelity said.

LONDON, ENGLAND - AUGUST 14: Navinder Singh Sarao leaves Westminster Magistrates Court on August 14, 2015 in London, England. Navinder Singh Sarao, a British financial trader accused of helping trigger a multibillion-dollar US stock market crash, has been granted bail while he fights extradition to America. (Photo by John Phillips/Getty Images)

US recommends no jail time for ‘Flash Crash Trader’

Navinder Singh Sarao, the British trader blamed for helping cause the 2010 Flash Crash from his bedroom, should serve no additional jail time, US authorities said in a recommendation before his Jan. 28 sentencing in Chicago.

Slight gains on stock market send Dow above 29,000 for first time

Milestones came on a day when the market traded in a narrow range as investors weighed corporate earnings reports and the signing of an initial US-China trade deal.

Encore has its best month yet, while other two casinos slump

The $54 million in December gambling revenue at the Everett resort is still off the pace needed to reach the $800 million annual figure its owners promised regulators.

One of Bose’s trademark products has long been its Wave music system.

Citing shift to online shopping, Bose will close all of its US stores and many more elsewhere

The Framingham audio tech company is turning off the lights at 119 locations in North America, Europe, Japan, and Australia.


Boeing no longer world’s largest planemaker after 737 Max grounding

Stories you may have missed from the world of business.

Attorney General William Barr is pressuring Apple to provide access to two phones used by the gunman in last month’s killings at Pensacola Naval Air Station in Florida.

Standoff between Apple, US over Fla. shooter’s iPhone again has consumers’ data security in doubt

The federal government and Apple are again fighting over whether cell phones should be accessible to investigators in criminal cases.


Mass. employers become more bullish about the economy

If it seems like you’re hearing the “R word” less frequently in casual conversation lately, you’re not the only one.

Rent control supporters step up the pressure on Mass. lawmakers

Amid mounting worries about housing prices, they rally for protections.

Coffee Cup Collective founder Alison Rogers at a Flour bakery cafe in the Seaport District. Rogers said her focus at the moment is not scale but rather getting it right.

To save the planet, I subscribe to a stainless steel coffee cup

After reading this, you may never look at a disposable coffee cup the same way.

FILE - This Aug. 7, 2017, file shows a Microsoft Widows sign on display at a store in Hialeah, Fla. The National Security Agency has discovered a major security flaw in Microsoft's Windows operating system. Microsoft says the NSA notified the company about it. A fix was made available Tuesday, Jan. 14, 2020. (AP Photo/Alan Diaz)

National Security Agency finds major flaw in Windows 10; free fix issued

The NSA discovered a major security flaw in the operating system that could let hackers intercept seemingly secure communications.

Business Agenda


Stocks cling to tiny gains as investors parse signals on US-China trade

The benchmark S&P 500 and Nasdaq Composite finished slightly off their record highs from a day earlier. The Dow Jones industrial average notched a slight gain.

BlackRock chairman Larry Fink announced the focus on climate change in his annual letter to chief executives.

BlackRock makes climate change central to its investment strategy

‘‘Climate change has become a defining factor in companies’ long-term prospects,’’ BlackRock chairman and chief executive Larry Fink said in his annual letter to chief executives. ‘‘But awareness is rapidly changing, and I believe we are on the edge of a fundamental reshaping of finance.’’


Biogen buys experimental Alzheimer’s disease drug from Pfizer

Stories you may have missed from the world of business.

Gov. Janet Mills speaks to reporters, Tuesday, Jan. 7, 2020 at the State House in Augusta, Maine. (AP Photo/Robert F. Bukaty)

Mills becomes latest governor to express concern about regional fuel pact

Could Janet Mills be the next governor to hop off the TCI bandwagon?

Business Agenda


Juul has said its mission is to provide “adult smokers with a real alternative to cigarettes,” but federal regulators in 2018 began taking steps to stem the proliferation of its products.

Consumers made 2,600 health complaints to Juul about e-cigarettes, FDA says

The rate of complaints received per Juul pods sold “is very low,” said Austin Finan, a company spokesman. “We take product safety very seriously and implement stringent quality-control measures to ensure the safety of all our products.”

Vethúg Wintermind, one of the awakened dragons, wreaks havoc upon the Dwarves of the Grey Mountains.

Fantasy game maker is taking on a big rival: Amazon

But Needham’s Standing Stone says it’s not panicking over impending competition for its ‘Lord of the Rings Online.’

The United States has ended its designation of China as a currency manipulator seeking unfair advantages.

US Treasury will no longer designate China as a currency manipulator

As part of the trade deal that President Trump will sign Wednesday, China and the United States are expected to agree that they will avoid devaluing their currencies to achieve a competitive advantage for their exports.

Michael Gurry, a former vice president at Insys Therapeutics, is the first of seven former leaders at the company being sentenced this month.

Former Insys exec sentenced to nearly 3 years in bribery scheme

In Boston federal court, Michael Gurry was given 33 months in prison. Other executives, including the drug company’s founder, are still awaiting their sentencing.

Stocks climb ahead of trade deal, sending S&P 500 to a record

The rally, which added to the market’s gains from last week, came as investors looked ahead to the signing of an initial trade deal with China and the potential for future talks.

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.