fb-pixelBBC Russian
Svoboda | Graniru | BBC Russia | Golosameriki | Facebook
Skip to main content

More business headlines


New England’s largest fossil fuel-fired plant is shutting down for good

The riverfront site of the Mystic Generating Station in Everett will be redeveloped, potentially to include a soccer stadium for the New England Revolution.

Tech Lab

Mass. voters passed a ‘right to repair’ automotive law in 2020. Why is it still on hold?

Consumers, automakers, car repair shops, and Massachusetts’ attorney general are all waiting for a single federal judge to make up his mind.

New Mexico judge grants Mark Zuckerberg’s request to be dropped from child safety lawsuit

The case is one of many filed by states, school districts and parents against Meta and its platforms over concerns about child exploitation.

House votes to approve bill adding 205 liquor licenses in Boston

The measure emerges from the House with fewer new licenses, a set aside for nonprofits, and the addition of full-value licenses that can be used anywhere in the city.

Shares in Trump Media slump after former president convicted in hush-money trial

Trump Media's stock was down about 9 percent in after-hours trading Thursday as news of the verdict emerged.

Tufts Medicine extends its financial losses, another alarming sign for Mass. health care

The state’s sixth-largest health system is growing revenue but is failing to keep pace with labor expenses amid a severe worker shortage.

Boeing gives FAA plan to address systemic quality-control issues

The issues have damaged the company’s reputation and put the aircraft manufacturer at the center of several federal investigations.

TALKING POINTS

Campbell gets agreement involving former Everett tank farm

Stories you may have missed from the world of business.


‘I’m not sure people are actually paying attention’: Wu struggles to rally popular support for property tax push

By pushing the proposal, Wu has stirred up further animosity with the broader business community, which was already unhappy with some of her policy moves.

WeWork cleared to exit bankruptcy, shedding Neumann legacy

US Bankruptcy Judge John K. Sherwood on Thursday said he’d approve the co-working company’s restructuring plan, clearing WeWork’s path to exiting bankruptcy under the ownership of its senior lenders.

A year ago, Takeda pledged to create local jobs in exchange for $1.9 million in tax breaks. Now, it’s laying off hundreds.

The series of events demonstrates how quickly the prospects of a multinational pharmaceutical giant can fluctuate.

OpenAI says Russia and China used its AI in covert campaigns

Efforts to deceptively manipulate public opinion around the world were run by state actors and private companies in Russia, China, Iran, and Israel, OpenAI said in a report about covert influence campaigns.

Amazon gets FAA approval allowing it to expand drone deliveries for online orders

A Federal Aviation Administration spokesperson said the approval applies to College Station, Texas, where the company launched drone deliveries in late 2022.

Moderna nears deal with US government to receive funding for bird flu vaccine, report says

The vaccines in the trial appear to protect people from the bird flu variant that is circulating in the US right now, according to Moderna.

TECH LAB

You’ve heard of self-driving cars. What about self-flying planes?

Local firm Merlin is working with MIT’s Lincoln Lab, the FAA, and the US Air Force to test systems that would enable aircraft to operate with just one person at the controls — and someday, perhaps, with no people at all.

RI ARTS

Crisis in R.I.’s creative capital: Arts organizations are fighting to survive

The Columbus Theatre in Providence is closing in June, and arts leaders say more closures will follow unless the state bails the arts sector out.