business

Winter costs make region cold for business

Winter costs make region cold for business

New Englanders pay $1 billion more for energy than the rest of the country

TO SAY THAT this has been a tough winter is an understatement. Already, we’ve seen record cold snaps, soaring energy bills and story after story about how Massachusetts has burned 2 million barrels of oil to generate electricity because we didn’t have an adequate supply of energy. And it’s only February. Already, Massachusetts is one(...)

Read More »

Businesses want stronger clean energy mandates

Businesses want stronger clean energy mandates

Corporations call on state to raise the renewable portfolio standard

FOR CENTURIES, MASSACHUSETTS has been a national hub for innovation. With cutting edge academic institutions, a superb health care sector, and a thriving real estate market, the commonwealth is an excellent place to do business. Massachusetts is also home to a rapidly growing clean energy sector, which has allowed commercial real estate service providers like(...)

Read More »

More tools needed to combat wage theft

More tools needed to combat wage theft

Problem costs state workers $700m a year

MASSACHUSETTS HAS AN epidemic of wage theft. An estimated $700 million in wage theft occurs annually in our state, robbing workers and their families of essential income and the ability to stay afloat financially. That’s also bad news for good employers. It creates an uneven playing field for companies that follow the law and that(...)

Read More »

Second thoughts on Globe property

Something must be amiss at the Boston Globe’s property on Morrissey Boulevard in Dorchester. First, Winstanley Enterprises of Concord struck a deal to buy the 16.5-acre property and then pulled out in early 2015. And now a second buyer, reportedly Center Court Partners, which has offices in New York and Boston, beat a last-minute retreat(...)

Read More »

Holyoke’s mayor isn’t afraid of pot

Holyoke’s mayor isn’t afraid of pot

Alex Morse sees potential for urban farming in his old city’s mills

Photographs by Mark Morelli  OUTSIDE HOLYOKE CITY HALL is a stone fountain that once gurgled with water, offering a more wholesome substitute for alcohol to “a thirsty humanity,” as the inscription reads. Erected in 1901, the monument was one of several put up by the Women’s Christian Temperance Union around the country as part of(...)

Read More »

Ira Stepanian will always be ‘Big Ira’

Ira Stepanian will always be ‘Big Ira’

BankBoston president practiced capitalism with a conscience

WHEN IRA STEPANIAN, then president of BankBoston, asked me to join him as executive vice president for external affairs, I told him that I didn’t know much about banking. “That’s OK,” he said. “I don’t know much about external affairs or community relations or how to communicate with employees and regulators and the press. We’ll(...)

Read More »

Earned sick time is good for workers — and businesses

Earned sick time is good for workers — and businesses

New law should be implemented fully and without delay

MASSACHUSETTS VOTERS PASSED the earned sick time ballot question by an overwhelming margin last November and the Commonwealth’s new earned sick time law is scheduled to begin on July 1.  Attorney General Maura Healey has released preliminary regulations and scheduled a series of hearings across the state to solicit public input.  Regrettably, last ditch efforts(...)

Read More »