Economics

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(...)

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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(...)

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National Grid lockout of 1,200 workers drags on

National Grid lockout of 1,200 workers drags on

With hookups delays, some buildings not opening on time

As the National Grid lockout of 1,200 gas workers nears two months, there is growing pressure on the company by local officials to end the impasse. But there doesn’t seem to be much awareness by the general public of what’s happening, mostly because warm weather means low demand for natural gas. Quincy Mayor Thomas Koch is(...)

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Why 1,500 sheet metal workers are on strike

Why 1,500 sheet metal workers are on strike

Apprentice pay is not keeping up with cost of living

SHEET METAL WORKERS are building our region’s future, and they want their families to be a part of it. That’s why right now 1,500 union sheet metal workers are on strike. They work hard to make mortgage payments, educate their kids, provide good healthcare coverage for their families, and remain in the middle class. Like(...)

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Developer says he’s selling a lot of ultra-luxury condos

Developer says he’s selling a lot of ultra-luxury condos

At One Dalton, prices range from $1.5m to $40m

RICHARD FRIEDMAN, the developer of the ultra-luxury One Dalton tower in the Back Bay, said at a ceremonial topping-off ceremony on Tuesday that his company has already sold a lot of the building’s condos. Friedman did not provide any details and no sales have been recorded yet with the Suffolk County Registry of Deeds, but(...)

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National Grid explains its lockout

National Grid explains its lockout

'We've never made a harder decision'

AT NATIONAL GRID, we’ve always taken pride in our ability to negotiate fair, multiyear labor contracts with our unions and to provide robust compensation packages to our employees, who provide important services to our gas and electric customers. We are a heavily unionized company.  We have about 10,000 unionized employees in Massachusetts, Rhode Island, and(...)

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Disability insurers discriminate against women

Disability insurers discriminate against women

Legislation would put an end to higher prices for individual policies

WHILE MASSACHUSETTS HAS ENACTED the strongest laws in the country to ensure equitable pay for women, the reality is that there is still significant work to be done to ensure that women in the Commonwealth have the same advantages and stand on equal financial ground with their male counterparts. It is high time that we(...)

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Boston’s brand as tech destination is muddled

Boston’s brand as tech destination is muddled

State, industry, academia need to get on same AI page

WHEN WE CHOSE BOSTON as the US beachhead for our international software company, we knew we’d get a critical benefit: close proximity to innovators and other highly skilled professionals. Boston’s relatively easy access to Europe, where we do much of our business, also helped with our decision. But we also knew what we wouldn’t be(...)

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City councilors raise concerns about Walsh’s Airbnb regs

City councilors raise concerns about Walsh’s Airbnb regs

Wu says proposal contains ‘loopholes’ that need to be closed

SOME BOSTON CITY COUNCILORS said Mayor Marty Walsh’s proposed ordinance to rein in the burgeoning short-term rental industry is a good start but still lets investors buy up too much affordable housing stock and displace thousands of families in a tight market. City Councilor Michelle Wu on Monday called the Walsh proposal to regulate the(...)

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‘They that go down to the sea in ships’

For centuries, New England fishermen have provided much of the seafood for the world’s dinner tables. In 1623, the nation’s first fishing port was started in Gloucester, which became synonymous with the industry, and its iconic fisherman statue stands as a stark reminder of the dangers of farming the seas. While many have romanticized the fishing(...)

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