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Here’s what you need to know about the stimulus bill

The Senate passed its version of the $1.9 trillion American Rescue Plan on Saturday. The pandemic relief bill now goes back to the House of Representatives, which must approve the Senate’s changes before it can go to President Biden’s desk. Here are some answers to some frequently asked questions.

Latest Business Headlines

Third ex-Cuomo aide recounts inappropriate behavior, report says

A former aide of New York Governor Andrew Cuomo became the third woman to accuse him of inappropriate behavior as she recounted unwanted advances at the workplace, the Wall Street Journal reported.

Thousands of Microsoft customers may have been victims of hack tied to China

Businesses and government agencies in the United States that use a Microsoft email service have been compromised in an aggressive hacking campaign that was probably sponsored by the Chinese government, Microsoft said.

City of Boston has a shot at developing Fort Point Channel neighborhood into a waterfront for all. Can it?

Boston has a chance to turn the Fort Point Channel neighborhood into the waterfront the Seaport District has failed to become. Can the city deliver, or will we see, yet again, more broken promises?

As Massachusetts prepares for final phase of reopening, businesses warn recovery ‘is not going to be flicking a switch’

Instead of the rapid rebound projected by economists, many local employers expect a more gradual recovery marked by fits and starts. So they’re ramping up slowly and delaying hiring decisions until the picture is clearer.
CHESTO MEANS BUSINESS

Egg industry warns of shortage in Mass. without legislative action

If eggs disappear from stores or skyrocket in price next January, as predicted by major egg producers, you can chalk it up to a quirk in Massachusetts law.
VACCINE TRACKER

The latest on COVID-19 vaccine front-runners

A number of drug companies and labs are looking to develop COVID-19 vaccines. Find updates on estimated efficacy, clinical trial timelines and dose regimens.

On the Street

Chelsea
In tackling the pandemic, Chelsea finds new strength
As a second wave of the pandemic rises, many people in Chelsea are starting to think about how to steer the city through the recovery that will someday come, and ensure that any rebound benefits those who most need support.

Brockton
Brockton offers a gateway to a new generation
The city’s resurgence has been a long time coming. As it arrives, many say it must make sure to include those who live in Brockton now.

Click here to explore the full series

More business headlines

Shirley Leung

Widett Circle offers Boston a chance to think big. There is still time to keep thinking

The pandemic has exacerbated entrenched inequities between rich and poor, Black, Latino, Asian and white. A lot of things must happen to change that. Putting a massive Amazon warehouse on what could be prime real estate isn’t one of them.

The economy added 379,000 jobs in February as unemployment drops slightly

The level surpassed analysts’ estimates but remains below the rate needed to regain the more than 9 million jobs lost since last year.

Here’s a look at who’s running the state’s mass vaccination sites

Some of the executives running the state’s mass vaccination sites believe that their entrepreneurial mindset and ability to scale operations quickly gives them an advantage. The state apparently agrees.

Fed Chair Powell offered a patient message. Markets quivered anyway.

Federal Reserve Chair Jerome Powell said he and his colleagues have a “high standard” for what full employment means, underscoring that the central bank is likely to be patient in removing its support for the economy.

US added a strong 379,000 jobs in February as hiring rebounded in hopeful sign for economy

The February gain marked a sharp pickup from the 166,000 jobs that were added in January and a loss of 306,000 in December. Yet it represents just a fraction of the roughly 10 million jobs that were lost to the pandemic.

Where city leaders once saw a potential Olympic stadium, Amazon eyes a massive distribution center

The new owners of Widett — just south of downtown between South Boston and the Southeast Expressway ― are in serious talks with the e-commerce giant about building a shipping hub on the roughly 20-acre site, according to several people familiar with the discussions.

Mass General Brigham names CFO, treasurer

Stories you may have missed from the world of business.

State, city embark on a million-dollar study to improve Morrissey Boulevard corridor

The hope is to use the study’s findings to determine and coordinate the mitigation efforts requested of developers as they propose new projects along the corridor.

database

See all the Mass. companies approved for PPP loans

A full list of the local companies and non profits that have been awarded money from the federal government’s small business loan program.
Most PPP money in Mass. went to a small number of companies What we know about PPP in the federal stimulus bill