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Macy’s to furlough majority of its 125,000 workers
News 4 hours ago
Macy’s to furlough majority of its 125,000 workers

NEW YORK (AP) - Macy's says it will temporarily stop paying tens of thousands of employees who were thrown out of work when the chain closed its...

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One Boston landlord offers tenants relief as officials mull rent, mortgage moratoriums
News 5 days ago
One Boston landlord offers tenants relief as officials mull rent, mortgage moratoriums

Proposed mortgage and rent moratoriums could "cushion the blow" for people struggling to make ends meet amid unprecedented layoffs, but Tufts...

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Some grocery stores hiking pay; Plainridge suspends racing
News 1 week ago
Some grocery stores hiking pay; Plainridge suspends racing

Workers at Shaws, Stop & Shop and other grocery chains across the Northeast are getting temporary pay raises as stores struggle to keep up with...

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Starbucks limits access, Target raises pay
News 1 week ago
Starbucks limits access, Target raises pay

Less than three months ago came the first reports of cases of pneumonia related to a virus first detected in Wuhan, China. The outbreak of the...

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Coronavirus-related construction crackdown could spur real estate market correction, says BU economist
News 1 week ago
Coronavirus-related construction crackdown could spur real estate market correction, says BU economist

Construction work ground to halt in Boston this week - setting up a "health-driven" coronavirus crisis that Boston University finance instructor...

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1,740 apartments, mixed-use campus pitched for old Bayside Expo Center site
News 3 weeks ago
1,740 apartments, mixed-use campus pitched for old Bayside Expo Center site

Developers are taking a major step forward in the redevelopment of the old Bayside Expo Center site, pitching a sprawling mixed-use campus that...

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Target offers solid profit outlook despite virus uncertainty
News 3 weeks ago
Target offers solid profit outlook despite virus uncertainty

NEW YORK (AP) - Target Corp. offered a solid annual profit outlook on Tuesday and said that it hasn't seen anything related to the spreading new...

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Target sales dinged by shortened holiday season
News 3 weeks ago
Target sales dinged by shortened holiday season

NEW YORK (AP) - Target reported strong fourth-quarter profits, though its sales were weighed down by weak demand for toy and electronics during the...

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Massport building boom has created a crowded Seaport, critics say
News 3 weeks ago
Massport building boom has created a crowded Seaport, critics say

Massport's lucrative real estate ventures on Boston's waterfront may have served as a "catalyst" for a building boom throughout the city over the...

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Joe Coulombe, founder of popular Trader Joe’s markets, dies
News 1 month ago
Joe Coulombe, founder of popular Trader Joe’s markets, dies

LOS ANGELES - Joe Coulombe envisioned a new generation of young grocery shoppers emerging in the 1960s, one that wanted healthy, tasty, high...

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Boston’s property values soar
News 1 month ago
Boston’s property values soar

Property values are surging in Boston and it's not just homeowners who are feeling the squeeze - a report released Tuesday said commercial property...

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More ‘checks and balances’ needed on short-term rental rules
News 1 month ago
More ‘checks and balances’ needed on short-term rental rules

The city's controversial short-term rental regulations need more "checks and balances" to "protect residential neighborhoods" from landlords...

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Strong fourth quarter for Macy’s heading to transition year
News 1 month ago
Strong fourth quarter for Macy’s heading to transition year

NEW YORK (AP) - Macy's reported stronger-than-expected sales and profits for the fourth quarter less than a month after it announced a major...

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New bill would tout `MassMade’ products
News 1 month ago
New bill would tout `MassMade’ products

Legislation unveiled Monday would spark buying and selling among Massachusetts small businesses and keep money within the local economy, according...

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Supreme Court hears battle over Atlantic Coast Pipeline
News 1 month ago
Supreme Court hears battle over Atlantic Coast Pipeline

The Supreme Court on Monday appeared ready to remove an obstacle to construction of the Atlantic Coast Pipeline, with a majority of justices...

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Berlin starts controversial rent freeze on 1.5 million homes
News 1 month ago
Berlin starts controversial rent freeze on 1.5 million homes

BERLIN - Berlin is freezing the rents of 1.5 million apartments for the next five years starting this Sunday in a controversial move to control the...

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Cambridge backs down, takes out peace pipe over pot shops
News 1 month ago
Cambridge backs down, takes out peace pipe over pot shops

The threat of being held in contempt appears to have convinced Cambridge officials it was time to take out the peace pipe. The city announced,...

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A diminished Victoria’s Secret is sold
News 1 month ago
A diminished Victoria’s Secret is sold

NEW YORK (AP) - Victoria's Secret, beset by falling sales and uncomfortable questions about a billionaire founder who has run the company for five...

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Which Boston suburb has the fastest growing rent prices?
News 1 month ago
Which Boston suburb has the fastest growing rent prices?

Boston is now the third most expensive city in the nation to live in, according to market research firm Zumper. The median rent for a one-bedroom...

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Boston rents show signs they could be stabilizing, ‘good news’ for tenants
News 1 month ago
Boston rents show signs they could be stabilizing, ‘good news’ for tenants

Rental prices are still on the rise in Boston but are slowing - "good news" for tenants and a sign that efforts to ramp up building "is starting to...

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A rare miss for Walmart to end the year
News 1 month ago
A rare miss for Walmart to end the year

NEW YORK (AP) - Walmart reported disappointing fourth-quarter profits and sales after a sluggish and shortened holiday shopping season. Violent...

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Officials, advocates call on developers to create more affordable housing in Boston
News 1 month ago
Officials, advocates call on developers to create more affordable housing in Boston

Community activists and elected officials say Boston needs to be "demanding more from developers" to help slow the tide of gentrification...

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So goes the neighborhood? Resort wrestles with rental rise
News 1 month ago
So goes the neighborhood? Resort wrestles with rental rise

LAKE PLACID, N. Y. - Lake Placid is a picture-book village in the Adirondack Mountains offering tourists crisp air, pretty peaks, Winter Olympic...

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Boston to consider broker fees after New York City ban
News 1 month ago
Boston to consider broker fees after New York City ban

Boston may follow New York City's lead in getting rid of broker fees, as Mayor Martin Walsh plans to create a working group to study the fees as...

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Appeals court weighs tribe’s quest for casino land
News 1 month ago
Appeals court weighs tribe’s quest for casino land

A Native American tribe's long running effort to secure sovereign land for a casino in Massachusetts is now in the hands of the federal appeals...

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Macy’s to close 125 stores, shed 2,000 corporate jobs
News 1 month ago
Macy’s to close 125 stores, shed 2,000 corporate jobs

NEW YORK - Macy's said Tuesday it is closing 125 of its least productive stores and cutting 2,000 corporate jobs as the struggling department store...

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Charlie Baker touts affordable housing, zoning bill
News 1 month ago
Charlie Baker touts affordable housing, zoning bill

Gov. Charlie Baker announced a big chunk of state cash to build 143 new income-restricted housing units in Boston and hundreds more elsewhere - and...

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Mall owners among group bidding $81 million for Forever 21
News 1 month ago
Mall owners among group bidding $81 million for Forever 21

A consortium of buyers, including mall owners Simon Property Group and Brookfield Property Partners, is bidding $81 million for Forever 21, the...

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Mall owners among group bidding $81 million for Forever 21
News 1 month ago
Mall owners among group bidding $81 million for Forever 21

A consortium of buyers, including mall owners Simon Property Group, Brookfield Property Partners, are bidding $81 million for Forever 21, the...

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Rising rental unit costs pressure housing markets
News 1 month ago
Rising rental unit costs pressure housing markets

Boston - and the country - are failing to build their way out of a housing crisis where rents are becoming less affordable to people of...

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