Business Headlines
News and analysis from the Business section.
Business Headlines
Thursday, January 16, 2025
This morning's top stories

R.I. home sales had the biggest yearly jump in a quarter-century last month

“The anticipation of further rate cuts by the Federal Reserve seems to have lit a fire in our housing market in December,” said Chris Whitten, president of the Rhode Island Association of Realtors.  Continue reading →

Union movement grows as R.I. resident physicians organize at second hospital system

“Now, the physicians are all calling for their employers to come to the bargaining table as soon as possible to begin negotiations for living wages, strong benefits, and other essential support for their well-being and patient care,” said Rachel Nass, an organizer for the Committee of Interns and Residents.  Continue reading →

Biden executive order aims to shore up US cyber defenses

Provisions in the order call for the development of minimum cybersecurity standards for government technology contractors and require that contractors submit evidence that they’re complying with the rules.  Continue reading →

Jeff Bezos’ Blue Origin launches massive New Glenn rocket on first test flight

Years in the making with heavy funding by Amazon founder Jeff Bezos, the 320-foot rocket carried an experimental platform designed to host satellites or release them into their proper orbits.  Continue reading →

TikTok CEO plans to attend Trump inauguration

Trump’s support for TikTok ​marks ​a stunning reversal from 2020, when he tried during his first term to block the app in the United States and force its sale to American companies​.  Continue reading →

Trump adviser says president-elect is exploring options to “preserve” TikTok

Trump has reversed his position on the popular app and tried to ban it during his first term over national security concerns.  Continue reading →

White Stadium project opponents pitch a scaled-down, cheaper alternative

The Emerald Necklace Conservancy hired a consultant to draw up a plan for the sports facility that it argues is more in keeping with the character of Franklin Park.  Continue reading →

Boston City Council passes home rule petition to expand property tax breaks for eligible senior homeowners

The home rule petition uses the same language that's included in Mayor Michelle Wu's revived property tax proposal for bringing more tax relief to seniors.   Continue reading →

Could Boston implement a sugary drink tax? Some city councilors want to explore the idea.

Boston City Councilor Sharon Durkan proposed the idea as a way to promote healthier habits among residents and also raise additional revenue for the city.   Continue reading →

Southwest Air faces US lawsuit for ‘chronic flight delays’

Stories you may have missed from the world of business.  Continue reading →