The Latest

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  Federal Aviation Administration Jan 17

  Panel Finds FAA Followed Procedures in Approving Boeing Max

  A government advisory committee has concluded that federal regulators followed established procedures when they certified the Boeing 737 Max and did not delegate too much safety analysis for the plane to Boeing.......In a report Thursday, the panel said the FAA correctly treated the Max as an update to older 737s and not as a new type of plane, whi...
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  candy Jan 16

  America’s Favorite Valentine’s Day Candy Is Back, But Not Without a Few Hiccups

  Sweethearts, the conversation heart candy, is back on shelves for Valentine’s Day after missing a year because of a change in its ownership. Sweethearts’ original producer, New England Confectionary Company, went out of business in 2018. Round Hill Investments, which bought Twinkie-maker Hostess while it was in bankruptcy proceedings, purchased the...
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  Starbucks Jan 16

  Starbucks Expands Presence in Low-Income Communities

  Starbucks is expanding a program that tries to help low-income communities by opening coffee shops in them and hiring local workers. The Seattle-based company plans to open or remodel 85 stores by 2025 in rural and urban communities across the U.S. Each store will have event space and Starbucks will partner with local United Way chapters to offer p...
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  Trade Deal Jan 16

  Here’s What China Agreed to Buy From US in Phase One Trade Deal

  China agreed to purchase an additional $200 billion in U.S. goods over the next two years as part of the “phase one” trade deal. The additional purchases will come on top of the 2017 U.S. export numbers. The deal stipulates that Beijing will buy $77 billion in additional goods and services in 2020 and $123 billion in 2021 to meet…
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  China Jan 15

  Emphasis on US Exports, Trade Secrets in China Trade Deal

  President Donald Trump on Wednesday described an initial trade agreement with China as “righting the wrongs of the past and delivering a future of economic justice and security for American workers, farmers and families.”
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  Build-a-Bear Jan 15

  Build-A-Bear Stock Pops on Promise of Baby Yoda Plush

  Is Baby Yoda good for business? We’ll soon see.  Shares of Build-A-Bear Workshop skyrocketed 15% Tuesday after the company increased its 2019 full-year forecast, citing stronger-than-expected holiday sales, and revealed that it would be releasing a Baby Yoda plush in the coming months, according to CNBC. “We are pleased to have seen ...
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  resort sale complete Jan 14

  Deal Closed That Sells Sugarbush Resort Ski Area to Alterra

  The deal to sell Vermont’s Sugarbush ski resort to the Alterra Mountain Company has been completed. In a news release issued Tuesday, Alterra, of Denver, says the purchase increases Alterra’s total year-round mountain destinations to 15 in six states and three Canadian provinces. Sugarbush president Win Smith will remain in that role an...
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  Snoop Dogg Jan 14

  Snoop Dogg’s New Plant-Based Sandwich Debuts at Dunkin’

  Got the munchies and craving something plant-based? For a limited time, Snoop Dogg and Dunkin’ are offering a sandwich made with Beyond Meat. The Beyond D-O-Double G sandwich, “inspired by Snoop Dogg’s passion for plant-based protein and love for glazed donuts,” was announced Monday and will be available for just one week. T...
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  Massachusetts Jan 14

  Mass. Retailers Scramble After Tariffs Threaten to Double Price of European Wine

  From Prosecco to Barolo, the price of your wine could soon be skyrocketing. A potential 100% tariff on nearly all European wine has Massachusetts retailers scrambling to try and stop what they say would kill their business. In response to two unrelated trade fights, President Donald Trump’s administration is threatening to slap the tariff on ...
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  2020 Presidential Race Jan 14

  Warren Says Sanders Told Her a Woman Couldn’t Win the Presidency

  Sen. Elizabeth Warren said late Monday that Sen. Bernie Sanders had told her he didn’t think a woman could win the 2020 election — a statement the Sanders campaign had blasted as “a lie” earlier in the day, NBC News reports.
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  BBJ Jan 14

  These Businesses Pay the Most Property Taxes in Boston

  Boston Properties Inc. holds the most valuable Boston properties, at least from the tax man’s perspective. The developer’s property in Boston proper soared past $4 billion in taxable assessed value in 2019, putting the real estate firm (NYSE: BXP) at the top of a list of the city’s largest taxpayers. City officials earlier this mon...
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  T.G.I. Fridays Jan 14

  TGI Fridays Plans to Revamp Its Bars as It Prepares to Go Public Again

  T.G.I. Fridays, which is known for being the original singles bar, is planning to revamp its bar business as the company prepares to be publicly traded again for the first time in decades.
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  Boeing Jan 14

  New Boeing CEO Inherits Crisis Created Under His Predecessor

  Boeing’s new CEO is in place, and he is laying out goals for this year, starting with the safe return to flight of the grounded 737 Max. David Calhoun has a long to-do list as he takes over for fired CEO Dennis Muilenburg. Calhoun will oversee Boeing’s legal strategy as it deals with dozens of lawsuits by families of the...
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  Elon Musk Jan 13

  Teslas Will Soon Talk and Make Fart Noises, Elon Musk Says

  Tesla CEO Elon Musk’s vision for transportation now includes talking cars. Musk teased a new feature over the weekend that appears to enable Teslas to communicate with pedestrians. He said in a tweet that the feature will “soon” roll out, but he did not offer a specific timeline. In the clip Musk shared on Twitter, a Model 3 rolls by......
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  Amazon Jan 12

  Amazon Fires Employees for Leaking Customer Email Addresses and Phone Numbers

  For the second time in a week, Amazon has acknowledged that its employees improperly accessed customer data. The company notified customers Friday that it fired several employees after they shared customer email addresses and phone numbers with third parties. The news was first reported by TechCrunch. “The individuals responsible for this incident ...
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  Boeing Jan 12

  Boeing’s Fired CEO Muilenburg Walks Away With More Than $60 Million

  Boeing denied former CEO Dennis Muilenburg severance when he was ousted for his handling of the 737 Max crisis, but he will get more than $60 million in pension benefits and stock, the company said Friday. Boeing fired Muilenburg last month amid a ballooning crisis around its 737 Max jets in the wake of two fatal crashes that killed 346 p...
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  BBJ Jan 11

  $34M Sale of Penthouse Fails to Top Boston Price Record

  One of the penthouse units at the 61-story Four Seasons Hotel & Private Residences, One Dalton St. has sold for $34 million, just missing the Boston record for most-expensive condo sale by $1 million. The sale of One Dalton St., Unit 6102 — which includes two parking spaces — was recorded Friday in Suffolk County. The buyer is listed as…...