Economy

Mega misses — or wins?

Mega misses — or wins?

With no Olympics or Amazon, we’ll just have to do our jobs

LIKE A HIGH SCHOOL KID  working to move past an unrequited crush, Boston told Amazon it just wasn’t that into the e-commerce giant anyway. Mayor Marty Walsh said he was proud to have made it to the “short list” in the HQ2 sweepstakes, but added, “our future will not be defined by a single company.”(...)

Read More »

Airbnb sues Boston to halt regs

Airbnb sues Boston to halt regs

Company claims new rules violate constitutional rights

AIRBNB FILED SUIT against the city of Boston Tuesday seeking to block officials from implementing new regulations on short-term rentals set to take effect January 1, claiming the rules illegally require the company to turn over private host information and to bar investors from listing multiple units. In its lawsuit, Airbnb portrays itself as merely(...)

Read More »

State’s manufacturing past is part of the future

State’s manufacturing past is part of the future

Industry continues to be a key cog in Massachusetts’ economy

THE DIVERSITY OF the Massachusetts economy is one of its strengths. Our leading positions in health care, higher education, technology, and the life sciences have allowed the Commonwealth to thrive during periods of expansion and weather the storms of recession better than other regions. Manufacturing remains a vital sector of our national economy, and one(...)

Read More »

‘Big Marijuana’ is actually a thing

‘Big Marijuana’ is actually a thing

Dire warnings about large investors entering legal market were right, just not accurate

DURING THE 2016 CAMPAIGN, and since the passage of the law legalizing the sale and adult use of marijuana in Massachusetts, opponents of legal pot have continually pointed to the potential for wealthy investors to cash in on the billion-dollar industry and nudge smaller entrepreneurs to the side. They have labeled such corporate backers “Big(...)

Read More »

Massachusetts’ upside-down tax system

Massachusetts’ upside-down tax system

Asking the richest to pay their fair share would add $2B in revenue

AT A TIME when people across the state seem to agree that our Commonwealth needs additional resources for public investments, asking those with the highest incomes to contribute a similar share of their incomes in taxes as the rest of us could support major investments to boost prosperity and economic opportunity for all. Every state(...)

Read More »

State tallies up costs of N. Grid lockout

State tallies up costs of N. Grid lockout

$13m in unemployment benefits, plus food stamps, MassHealth

STATE HOUSE NEWS SERVICE THE FOUR-MONTH LOCKOUT by National Grid of more than 1,200 union gas workers has cost the state millions in lost tax revenue and triggered more than $13 million in unemployment benefits, according to a Baker administration analysis conducted at the request of House Speaker Robert DeLeo. Administration and Finance Secretary Michael(...)

Read More »

How do you license a fortune teller?

How do you license a fortune teller?

In Mass., we leave checking scrying qualifications to municipalities

IT’S ONLY NATURAL this time of year that we turn our attention to ghouls and ghosts and things that go bump in the night. Jack-o-lanterns, trick or treaters, funny costumes, and pranks are a staple of life everywhere in the US and especially here in New England. What is the intersection of Halloween and the(...)

Read More »

Lawmakers revive bill to pressure National Grid

Lawmakers revive bill to pressure National Grid

Measure would require utility to extend health benefits, deny rate increases during lockout

STATE HOUSE NEWS SERVICE THE HOUSE APPEARS ready to begin ratcheting up the pressure on National Grid to end its lockout of more 1,250 union gas workers, reviving a three-month-old bill that would force the utility to extend health benefits to the locked out employees and deny the company any rate increases or public money(...)

Read More »

Grid, steelworkers busy away from negotiating table

Grid, steelworkers busy away from negotiating table

Grid defends its contract offer, unions pressure DPU

NATIONAL GRID and the 1,200 steelworkers the company has locked out of work battled each other outside the negotiating room on Wednesday, with the union pressing state regulators to crack down on the utility for doing shoddy repair work and the company running newspaper ads defending its contract offer. The company said in a full-page(...)

Read More »

N. Grid spending stable, but hookups, leak repairs down

N. Grid spending stable, but hookups, leak repairs down

Numbers show the fallout from locking out union workers

STATE HOUSE NEWS SERVICE AFTER LOCKING OUT roughly 1,200 union gas workers in late June, National Grid has spent about the same amount money as in previous years on labor, materials, and other expenses but fixed fewer gas leaks and hooked up 50 percent fewer new gas customers, according to data provided to the state.(...)

Read More »