A new report says visa restrictions and bureaucratic red tape are holding back entrepreneurship from international students in the US that could lead to billions of dollars in economic activity and the creation of hundreds of thousands of jobs in the US.
Economy
Posted inEconomy
The ‘Codfather’ is back in business
Three years after his release from prison, fishing mogul Carlos Rafael, banned from owning fishing vessels, has embarked on a different business venture: a multimillion-dollar real estate financing operation sprawling across New Bedford and its suburbs.
Posted inOpinion
Lawmakers should give worker-owned cooperatives a boost
Worker-owned cooperatives are emerging as a powerful force in the Massachusetts economy. The Legislature can help but
Posted inEconomy
Senate preps for economic developent debate, including Everett soccer stadium
The Senate’s bill authorizes $2.444 billion in borrowing, giving the executive branch flexibility to put as much of that amount into use as it determines is necessary and wise, and $350 million in tax credits mostly to be deployed in the climate technology sector.
Posted inOpinion
Legalizing project labor agreements would be huge step backward
NO ONE WOULD tolerate a law that bans union labor from public construction. So why is it OK to shut out non-union workers? The House of Representatives has voted to do just that. A trained and licensed construction worker could be excluded from public construction for choosing not to join organized labor, under the House’s […]
Posted inBallot Questions
Tech-backed ballot question dead after settlement
WHAT WAS SHAPING up to be perhaps the buzziest ballot measure of the cycle, with Massachusetts residents barraged with millions of dollars of ad spending by both sides, will not go before voters after all. After a last-minute $175 million settlement that establishes new rights for Uber and Lyft’s app-based drivers while leaving their labor […]
Posted inOpinion
Bet on Massachusetts
CEOs and senior executives from some of the largest employers across the Commonwealth continue to value the state’s access to world class talent, its education system, industry clusters, and top research institutions, but we must be willing to tackle the cost of living and cost of doing business headwinds that threaten our standing.
Posted inOpinion
A professional soccer stadium in Franklin Park is a bad deal for Boston
The plan to convert White Stadium in Boston’s Franklin Park into a stadium for a professional women’s soccer team, with the city committing $50 million toward the project, is bad financial deal for the city, a subsidy of $30 million or more for a for-profile sports enterprise at a time when municipal revenues are under stress.
Posted inGovernment
Healey’s capital spending plan puts bond bills in perspective
The state’s plan for actual capital spending dedicates $2 billion for housing over the next five years, and $400 million in fiscal 2025, which is a 30 percent increase over fiscal 2024.
Posted inMarijuana
Cannabis regulators allow marijuana to be transported over state waters
“This was turned around in a really quick time frame,” said Commissioner Kimberly Roy. “At the end of the day, this was about public health and public safety and patients and consumers alike having access to safely regulated products.”