Axios Boston

August 18, 2026
It's Tuesday.
- Today, we look at what worked — and what didn't — for Boston's small business owners this summer.
🌧️ Today's weather: Patchy fog then slight chance of rain showers, with a high of 79 and a low of 67.
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Today's newsletter is 1120 words — a 4-minute read.
1 big thing: "Best summer ever?" Depends on who you ask
Seven miles south of City Hall, Mayor Michelle Wu convened 17 city officials, business leaders and entrepreneurs in a brewery for a victory lap.
- A blue sign hanging at the center of the U-shaped table summed it up: "Celebrating Boston's best summer ever."
The big picture: A trio of events this summer brought new life — and, for many downtown, higher revenues — to the Boston area, but the economic boost never materialized for some businesses based in Roxbury, Hyde Park and other neighborhoods.
- Some business leaders say those missed opportunities will continue if event organizers don't cast wider nets months, or even years, in advance.
State of play: Nine business owners told Axios they jumped on the chance to host watch parties and other World Cup-related festivities.
- Seven reported higher revenues in June and July compared with the same period in 2025, with some raking in tens of thousands of extra dollars.
What they're saying: "We certainly had enough press and online presence to really cement the Haven in being a destination for the World Cup," says Jason Waddleton, who owns the Scottish pub the Haven, in Jamaica Plain.
- Others beyond downtown saw a revenue boost, from Roundhead Brewing and Las Delicias Colombianas in Hyde Park to La Hacienda in East Boston.
By the numbers: The city's preliminary data suggests an overall boost for businesses across Boston's 23 neighborhoods.
- In an initial survey of 54 businesses, over half said they saw more customers compared with last summer.
- Over half saw an increase in revenue.
- Most of the respondents who were eligible for later hours said they saw a positive impact and would like to see the option return.
Reality check: This summer didn't pay off for everyone.
- Suya Joint invested in its food truck, permitting, staffing and other expenses to host watch parties and vend at offsite events, pulling from the restaurant's operating funds, chef Cecilia Lizotte told Axios.
- She never saw the World Cup bump materialize.
- "The distress is real enough that we are having conversations about whether we can continue operating and whether we may ultimately have to close our doors," she said.
Follow the money: The Black Economic Council of Massachusetts (BECMA) didn't receive public funding for summer 2026 events, so it spent $155,138 of its own funds to offer grants, devices, training and other services to members.
- 87 members collectively generated up to $7.15 million in net new economic activity and 358 job and work opportunities, per a report BECMA released Thursday.
- "Just imagine if somebody had helped us and put more in; it would have been even better," says Nicole Obi, BECMA's president and CEO.
Still, we don't know the full economic impact yet. The city is still collecting survey responses.
- And the Boston Symphony Orchestra, which received $2.5 million for its July Fourth festivities, hasn't released any figures on its impact or local contractors.
- A spokesperson said in an email the BSO didn't have any data to share.
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2. 💸 "Widening the table"
It's easy to blame FIFA. Its rigid restrictions on what kind of sponsors local host committees could get and what brands vendors could sell, combined with a lack of transparency, hampered local organizers.
Yes, but: Business owners and leaders say Boston can do better, especially when it comes to including business owners who aren't downtown or well-connected to power players.
- "This is an amazing opportunity for Boston to be on the world stage, so I'm grateful for that," Collin Knight, who runs Live Like a Local tours, told Wu and later Axios.
- "But what I'll say from my business, as a local tour company, I didn't see any of that."
What's next: Wu and other city officials met recently to discuss plans for Boston's 400th anniversary in 2030.
- Knight said he hopes the city also prepares to bring in business partners for local events in between.
The bottom line: Mike Nichols, president of the Downtown Business Alliance, calls it "widening the table," something he saw at least one other host city accomplish.
- "There are so many organizations that would lend their voice, their energy to solving a problem that we can anticipate is coming," he told Wu at the roundtable.
- "This is, I think, not classically the fault of the city, but the city may ultimately be in the best position to help us through it."
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3. 🌃 Beyond the 18-hour city
When asked what worked, business owners repeatedly gave one answer: the state's experiment loosening liquor laws.
Catch up quick: Boston businesses jumped at the chance to extend alcohol service by an hour under the temporary state law that extended last call and allowed public drinking districts.
- 211 restaurants citywide got approved to extend their alcohol service hours by an hour this summer.
- 140 got the green light to operate until 3am.
Friction point: Modernizing the liquor laws isn't up to Wu.
- She needs the Legislature to pass a bill allowing it.
- Boston also needs later MBTA service to make longer hours work, business owners say.
- Corean Reynolds, Boston's nightlife czar, said she has met with MBTA leadership over the years and has seen more flexibility in hours for special circumstances, like during the June 13 World Cup match.
Meanwhile, the city is expanding its nightlife resources where it can, between its social drinking pilot in 2024 and events on City Hall Plaza like the pajama party and comedy night, Reynolds says.
- Boston also made permanent its late-night food truck pilot, permitting food sales in at least a half-dozen neighborhoods from 10pm to 3am.
4. 🔙 Back That Mass Up: Harvard's SpaceX stake
🔫 A National Academies scientific committee began closed-door meetings on a proposed machine gun range at Joint Base Cape Cod, reviving a debate Gov. Maura Healey had effectively shut down in 2024. (WBUR)
🚉 Boston police identified Latavius Owens, 29, of Memphis, Tennessee, as the victim of a fatal stabbing last Wednesday at South Station. (WCVB)
ICYMI: 🚀 Harvard's endowment disclosed a $2.2 billion stake in SpaceX, making it by far the largest holding in its publicly reported stock portfolio and worth more than all its other reported holdings combined. (The Harvard Crimson)
5. 🍽️ Lunch spotlight: Suya Joint
Steph here. I stopped by Suya Joint last week for a plate of stewed chicken, jollof rice and plantains with pineapple juice for $42.
Review in six words: Better than my abuela's cooking (sorry!).
Deehan wonders how popular onions were on hot dogs at Fenway to begin with.
Steph hopes you enjoyed diving deep into how small businesses fared this summer.
This newsletter was edited by Jeff Weiner.
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