Business stories in Boston

Norfolk Southern's first-quarter profit fell 27% to $547 million due to the lack of insurance payments from the Ohio derailment and merger costs. The railroad's expenses rose significantly, impacting earnings despite stable revenue.

Wall Street futures showed mixed results as oil prices fell after President Trump extended a waiver allowing foreign vessels to transport energy products to the U.S. This move aims to stabilize energy prices amid ongoing tensions in the Middle East.

As the Strait of Hormuz remains effectively closed due to geopolitical tensions, businesses are paying exorbitant fees to navigate the Panama Canal. The average additional cost for crossing has surged, reflecting a significant shift in global trade dynamics.

Meta is laying off 8,000 workers, about 10% of its workforce, to enhance efficiency and invest in AI. Meanwhile, Microsoft plans voluntary buyouts for 8,750 employees as the tech industry faces upheaval.

Capital One will distribute payments to eligible holders of its 360 Savings account as part of a $425 million settlement. The payments are expected to be issued by July 21, 2025, to those who held the account between September 2019 and June 2025.

Hey. Has anyone done a cross-border move from Canada direct to Boston? I've found a couple of movers, like Miracle Movers and Centennial Moving, who do the route, but I was wondering if there's anything else I need to know. I definitely want to use a moving company to ease the border crossing, but I

Somerville-based artist and web developer Liv Capello brought together the many administrative tasks of managing an art practice into a single platform.

[Link: https://www.unionleader.com/news/business/7-eleven-set-to-close-on-webster-street-in-manchester/article_beaf2db6-b64b-4d26-8793-c6c472dddd54.html] Hopefully this will be the only store in New Hampshire to close. Anyone seen any others winding down?

I’m in the mood for some hot and sour soup and I’ve already been burned once lol. Would also love if the restaurant provided or offered fried wonton strips/some kind of crunchy bits with the soup.

[Link: https://indepthnh.org/2026/04/23/advocates-rally-in-plymouth-calling-for-citizens-bank-to-cease-funding-ice-operations/]

[Link: https://www.nhpr.org/nh-news/2026-04-22/nh-newhampshire-taxes-business-enterprise-tax-rate-cut-statehouse]

A young driver in Massachusetts is facing a staggering $3,200 annual car insurance premium for a 16-year-old vehicle. Many in their early 20s are sharing similar experiences, raising concerns about affordability and transparency in the insurance market.

Maple & Ash, a Chicago-based wood-fired restaurant, opens its fourth location in Boston's Seaport District on April 30. The restaurant aims to offer a unique dining experience with fire-roasted seafood and a focus on seasonal cooking, appealing to foodies and women.

Massachusetts farmers are facing significant financial challenges due to rising costs, prompting support for the recently passed FARM Bill. While the bill aims to strengthen the agriculture sector, concerns remain about its adequacy for aquaculture.

By SCOTT JACKSON The state Office of the Inspector General found that the attorney who works for the Quincy Retirement Board abused public funds by expanding his private law practice while serving as the head of the Worcester Regional Retirement System. Michael Sacco served as the CEO of the Worcest

Tree House Brewing Company is seeking to expand into Faneuil Hall Marketplace, potentially taking over the space of the former Cheers bar. The brewery has applied for licenses to operate in the iconic location, which has been vacant since 2020.

A new Tufts University study forecasts that over 260,000 jobs in Massachusetts could be lost to AI systems in the next five years, with Greater Boston being particularly affected. The findings highlight the potential economic impact, estimating a loss of $25.6 billion in wages.

[Link: https://share.google/V6ETtN8ghV1F4qlai]

The CEO of The Onion, a Massachusetts native, explains the satirical news outlet's ongoing efforts to acquire Infowars. This move highlights the intersection of satire and serious media in today's landscape.

[Link: https://www.bostonglobe.com/2026/04/20/business/arthur-demoulas-market-basket-judge-ruling/?s_campaign=audience:reddit]

I've been offered a job at a company near Station Road which requires working on site at least three times a week. My only end-to-end public transport option would be buses, but it'd require taking an irregular service to the bus station and changing there. The obvious parking at or near the stati

Dear all, does anyone know a reliable company that can help me move my household items (sofa, TV, bed, etc.) from Copenhagen to Cambridge?

Does anyone have any recommendations for a good housekeeper (either individual or company)? We would be looking for someone to come weekly - clean our house, change sheets, put washing on and generally having a bit of a tidy?

Jeffrey Markley, president of the Markley Group LLC, has acquired over 422,000 square feet of property in Lowell for nearly $5.6 million. This move may signal an expansion into generative AI data center services, as indicated by updates on their website.

Wall Street showed cautious gains in premarket trading following President Trump's extension of a ceasefire with Iran. Boeing shares rose after a positive earnings report, while Best Buy's stock fell due to CEO changes.

The ongoing Iran war is causing significant increases in the costs of petroleum-derived products, affecting a wide range of consumer goods. Manufacturers are already reporting price hikes of 10% to 15% for materials, highlighting the deep connection between oil supply and everyday items.

Trump Media & Technology has replaced CEO Devin Nunes with Kevin McGurn following a 67% stock drop that erased over $6 billion in investor wealth. The company, known for its Truth Social platform, has struggled to gain traction since its public debut.