What department stores say about America’s changing income classes

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By Lucy Schouten | The Christian Science Monitor Coach has a message for department stores: it’s time to redefine the relationship. The apparel brand has announced a decision to pull its products from 250 department stores nationwide and to emphasize the Coach specialty stores and online marketplace, Fortune reported. This is just one example of marketplace […]

Local control on the line amid Biogen takeover speculation

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By Robert Weisman | The Boston Globe It’s happened before. For many in the Massachusetts biotech community, the buyout buzz surrounding Biogen Inc. has revived vivid memories of other homegrown heavyweights, notably Genzyme Corp. and Millennium Pharmaceuticals Inc., being snapped up by out-of-state pharmaceutical giants. A purchase of Biogen — which was approached by Merck & […]

Mass. economy outperforming US with steady growth

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By Deirdre Fernandes | The Boston Globe The Massachusetts economy kept steady in the second quarter of the year, despite lagging consumer spending, slowing growth elsewhere in the world, and the UK’s decision to leave the European Union, the University of Massachusetts reported Friday. The state’s economy grew at an annual rate of 3 percent, a […]

Dracut adopts aggressive strategy to build business

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By Todd Feathers | Lowell Sun  After years of agonizing about the town’s small commercial tax base and grasping sporadically for prospective businesses, Dracut is now working with a research-driven economic-development strategy. Its creators hope it help usher in a steady stream of new businesses, jobs and tax dollars. Many of the familiar problems still exist. The […]

Should police live where they patrol? Baton Rouge mulls residency rule

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By Christina Beck | The Christian Science Monitor After a fraught couple weeks for Baton Rouge, La., law enforcement, which saw protests after the death of Alton Sterling at the hands of police, as well as murder of three law enforcement officers, some city council members are contemplating changes in city residency requirements for officers. Two […]

Mass. employer confidence falls

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By Colin A. Young | State House News Service Amid uncertainty over global conditions and slowing domestic job growth, employer confidence fell in Massachusetts last month as companies took an increasingly bearish view of the U.S. economy, according to survey results released Monday. The Associated Industries of Massachusetts’ monthly business confidence index dipped 1.6 points to 56.1 […]

Foreclosures continue climb in Lynn

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By Thomas Grillo | The Daily Item The number of homeowners facing foreclosure in Lynn grew by nearly 30 percent this year as the economic recovery continues to elude many local families, according to The Warren Group, the Boston-based real estate tracker. Lenders filed 105 petitions to foreclose, the first step in the foreclosure process, from January […]

Hunting for a starter home in Greater Boston? Good luck.

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By Michael Bodley | The Boston Globe Greater Boston is running out of starter homes. Many communities in Eastern Massachusetts often have just a handful of homes for sale for less than $500,000, and inventory has been shrinking rapidly in recent months. While the region has long struggled with a shortage of properties across the range of […]

Uncertainty chips away at Mass. business confidence

State House News

By Colin A. Young | State House News Service Amid uncertainty over global conditions and slowing domestic job growth, employer confidence fell in Massachusetts last month as companies took an increasingly bearish view of the U.S. economy, according to survey results released Monday. The Associated Industries of Massachusetts’ monthly business confidence index dipped 1.6 points to […]

Is Boston ready for climate change?

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By Joan Fitzgerald   | The Boston Globe Last week’s Boston Globe story indicating that Boston will experience more flooding sooner than thought due to climate change came as no surprise. Scientists monitoring the ice sheet in the Arctic and Greenland noted that it was melting faster than predicted in April. But, is Boston doing enough to […]

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