
Park Bagelry brings a new brand of bagel to Allston; El Barco takes over at Summer Shack
Farewells
: Latin American grocery and snack supplier
Super Bien
closes at Brighton's Charles River Speedway (525 Western Ave.) this weekend, confirms owner Melissa Stefanini.
However: 'Super Bien, the business, isn't going anywhere,' Stefanini promises, focusing instead on private events and popups. (Hopefully, she'll still sell her signature
Stefanini's empanadas brand,
Buenas
, continues at Union Square's Bow Market as well as at retailers like
Formaggio Kitchen
and
Russ & Mimi's
. Next door, she also stocks many Super Bien staples at a new market,
BOWdega
.
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Ernie Campbell of Jamaica Mi Hungry got started as a personal chef 13 years ago and branched into catering and a food truck, supported by culinary incubator CommonWealth Kitchen, before opening his first restaurant in Jamaica Plain in 2019.
Bonnie Rosenbaum of CommonWealth Kitchen
Openings:
Office dining has become more exciting: Chef Ernie Campbell opens a downtown location of
Jamaica Mi Hungry
(289 Devonshire St.) this week. Campbell is known for braised oxtail, jerk chicken, and curry goat.
Campbell got started as a personal chef 13 years ago and branched into catering and a food truck, supported by culinary incubator
CommonWealth Kitchen
, before opening his first restaurant in Jamaica Plain in 2019.
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Dandelion
has sprouted at the
Boston Harbor Hotel
(70 Rowes Wharf), serving quiches, pastries, grab-and-go sandwiches, and bowls, plus kombucha and craft beer. Pop in daily between 6:30 a.m. and 3:30 p.m.
Pop-ups
: Springtime looks a little different this year at the Back Bay's
Summer Shack
(50 Dalton St.): Martha's Vineyard favorite
El Barco
takes over starting on Thursday, April 17, serving trendy tacos (a Smashburger version comes with beef, American cheese, and pickles) and tequila. Per a rep, El Barco will test the waters as a pop-up, with the possibility of staying in the space longer. Cambridge's Summer Shack remains open.
Rebrands
: Nightlife venue
Mariel Underground
(10 Post Office Square) closes on Saturday, May 31. Their COJE Management Group replaces it with a new concept this fall.
Restaurant Week:
Portland, N.H., and the surrounding area celebrates Restaurant Week: Portsmouth & The Seacoast, kicking off on Thursday, April 10, and running until Saturday, April 19. Enjoy prix-fixe meals at more than 30 destinations, with prices starting at $32. Check out the tasty lineup at
Kara Baskin can be reached at
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29 minutes ago
- Business Upturn
PensionBee Survey Reveals Nearly Half of Americans Have Less Than One Year of Retirement Savings
NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) — Nearly one in three Americans (30%) couldn't survive more than six months on their retirement savings if they had to stop working tomorrow, while 42% have less than one year of savings total, according to new data from PensionBee's Q2 Happy Retirement Report. Just one in ten Americans believes they can live off their savings for 10 years or more. These findings reveal more than a retirement problem—they expose a survival crisis hiding in plain sight. With traditional pensions declining and Social Security facing potential cuts, Americans across all generations are more dependent on personal savings than ever before. Yet most are lacking basic financial resilience. 'Low saving levels among older workers are particularly troubling,' said Romi Savova, CEO of PensionBee. 'In an economy where companies are cutting costs and older workers often face the longest unemployment periods, inadequate savings isn't just about retirement, it's about basic survival. Too many people are one layoff away from being forced into a retirement they can't afford. With AI poised to reshape entire industries, this financial vulnerability becomes an existential threat for millions of American families.' The Actions Behind the Numbers But here's what separates financial confidence from financial fantasy: specific, measurable actions. The survey reveals that confidence isn't built on hope—it's built on behavior. Among respondents who feel 'very positive' about retirement, 61% have structured retirement plans, half with professional guidance, and 25% have consolidated multiple accounts. In stark contrast, just 9% of Americans who feel 'very negative' about retirement have any structured retirement planning in place. Americans who felt 'very negative' about their retirement were also twice as likely (41%) to have delayed saving until age 30, compared to just 20% of those who reported a 'very positive' outlook. The data reveals the specific actions that separate confident savers from worried ones: starting early, maximizing employer benefits, consolidating old retirement accounts, and, when it makes sense, working with financial advisors. These aren't just nice-to-haves—they're the foundation of financial security in an uncertain economy. Retirement Preparedness Across Generations Gen Z: Building Financial Foundation Despite Early Challenges At 43%, Gen Z reports the second-highest retirement optimism, yet their behavior suggests financial vulnerability. Nearly one in five (19%) have already taken hardship withdrawals from retirement accounts—a concerning trend for a generation just starting their careers. However, they're also the most proactive: 25% plan to seek financial advice this year, and 29% are embracing online planning tools. Their challenge isn't awareness—it's building financial resilience while navigating an increasingly expensive economy. Millennials: Navigating Multiple Financial Priorities Millennials show clear signs of economic pressure from competing priorities. They report the lowest retirement confidence (41%) and are most likely to be managing student debt, aging parents, and childcare. Nearly one in four (22%) cash out their 401(k)s when changing jobs, compared to just 14% of Baby Boomers. Having entered the job market during the Great Recession, many developed financial habits that prioritize immediate needs over long-term wealth building. At 29%, they're most likely to delay starting retirement savings, missing crucial years of compound growth. Gen X: Managing Time Constraints and Competing Demands Gen X faces significant time pressure: 36% have less than one year of savings with fewer than 10 years until retirement age. Supporting both aging parents and college-bound children, they're working to build adequate retirement funds within a compressed timeframe. Further, only 23% consistently contribute enough to receive full employer matching funds, representing missed opportunities that could meaningfully improve their retirement outlook. Baby Boomers: Confident Outlook with Limited Savings Baby Boomers report the highest optimism (51%), though this confidence may not fully align with current retirement trends showing later retirement ages and continued reliance on part-time work. Despite being around retirement age, nearly half (49%) of Baby Boomers reported having five years or less of savings. This generation's optimism reflects a different economic era—one with pensions, affordable healthcare, and more predictable career paths. What Comes Next Despite these challenges, the survey reveals reason for optimism: half of Americans plan to increase contributions this year, suggesting growing awareness of the problem. 41% of Americans reported a positive retirement outlook in Q2—down over 10% from Q1's survey . This declining confidence seems to reflect not only the market volatility but perhaps a growing awareness that individual effort alone cannot solve a systemic problem. 'The widespread lack of retirement preparedness we're seeing isn't something workers can solve alone,' added Savova. 'Employers have a critical role beyond just offering a 401(k). When workers are cashing out accounts during job changes and missing employer matches, that's a clear signal that current benefit structures aren't working. 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This survey is provided solely for informational and educational purposes and should not be relied upon as sole decision-making tools. Nothing presented here constitutes tax, legal, financial or investment advice. This information does not take into account the specific financial, legal or tax situation, objectives, risk tolerance, or investment needs of any individual investor. All information provided is based on publicly available data and research at the time of posting. This information, and any associated customer testimonial or third party endorsement, does not constitute an offer, solicitation, or recommendation to buy or sell any securities or investments. Your investment is at risk. Past performance is no guarantee of future results. Media Contact: Adela McVicarSR PR Manager [email protected]
Yahoo
an hour ago
- Yahoo
Meta is making a frightening foray into military technology
Under CEO Mark Zuckerberg, Meta is plunging headfirst into the world of military technology. Literally. Last month, in a joint statement, the social media and technology giant announced it's working with defense contractor Anduril to develop virtual reality devices that will deploy artificial intelligence to train military service members. According to The Wall Street Journal, which interviewed Anduril founder, Palmer Luckey, the devices include "new rugged helmets, glasses and other wearables that provide a virtual-reality or augmented-reality experience." The outlet reported: The system, called EagleEye, will carry sensors that enhance soldiers' hearing and vision — detecting drones flying miles away or sighting hidden targets, for instance. It will also let soldiers operate and interact with AI-powered weapon systems. Anduril's autonomy software and Meta's AI models will underpin the devices. But the deal, and Meta's apparent eagerness to wet its beak under the seemingly endless spigot of U.S. defense spending, raises a question for all to consider. That is: Should a company that's been tied to various disinformation scandals, even admitting at one point that its platform was used by violent extremists to promote genocidal propaganda, be given such access and influence when it comes to training the American military? In comments to Bloomberg last week, Meta's chief technology officer, Andrew Bosworth, described a "silent majority" within the tech industry eager to pursue such projects: Meta Platforms Inc. Chief Technology Officer Andrew Bosworth said that the 'tides have turned' in Silicon Valley and made it more palatable for the tech industry to support the US military's efforts. There's long existed a 'silent majority' who wanted to pursue defense projects, Bosworth said during an interview at the Bloomberg Tech summit in San Francisco on Wednesday. 'There's a much stronger patriotic underpinning than I think people give Silicon Valley credit for,' he said. Silicon Valley was founded on military development and 'there's really a long history here that we are kind of hoping to return to, but it is not even day one,' Bosworth added. For the record, that history Bosworth speaks of — which includes Silicon Valley's development of nuclear weapons — isn't as glowing as he suggests. In fact, journalist Malcom Harris' book, 'Palo Alto: A History of California, Capitalism, and the World,' helps chronicle the death and plunder that have historically undergirded the relationship between Silicon Valley and the defense industry. And Meta itself has repeatedly been used as a tool to promote propaganda and misinformation. In 2018, the company publicly acknowledged that its executives didn't do enough to prevent the spread of hate speech that helped fuel the genocide of the Rohingya people living in Myanmar. And in 2019, a bipartisan Senate report concluded that various social media platforms, including Facebook and Instagram, had been used by Russian officials to suppress the Black vote in 2016 to benefit Donald Trump's presidential campaign. The fact that Meta is currently facing Senate scrutiny over allegations it sought to develop censorship tools for China's autocratic regime in the past certainly doesn't inspire confidence that patriotism is its guiding light. A Meta spokesperson downplayed the company's development of those tools in comments to The Washington Post, saying the news had been "widely reported beginning a decade ago" and that the company "ultimately opted not to go through with the ideas we'd explored, which Mark Zuckerberg announced in 2019.' Nonetheless, one could say Meta has a blemished record of upholding human and civil rights that makes its foray into defense technology for an antidemocratic Trump administration all the more unnerving. It's not hard to imagine any number of horrifying things a virtual reality military helmet could train its users to do in the hands of a Trump administration led by a man who A) brazenly uses political propaganda against his perceived enemies, foreign and domestic, B) opposes efforts to root discriminatory bias out of artificial intelligence tools, and C) has threatened to deploy the armed forces against American citizens. In lieu of much needed regulation designed to rein in artificial intelligence, Americans ought to keep close watch of this Meta partnership, perhaps to ensure it isn't deployed in ways that undermine human rights and civil society — just as our previous president warned AI, in the wrong hands, could do. This article was originally published on
Yahoo
an hour ago
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