TECHNOLOGY

GE plugs Current division near South Station

When General Electric unveiled plans to base its new Current division in Greater Boston back in October, it was unclear where in the region Current would set up shop. Now we know the answer, at least for the short term: Current, led by longtime GE exec Maryrose Sylvester (left), has opened at the WeWork co-working space at 745 Atlantic Ave. near South Station in Boston. Sylvester said she expects to have about 20 employees there within the next two weeks, and possibly as many as 40 by the time Current’s existing lease is up at WeWork in six months. The Current division includes energy-related businesses, and its primary goal is to help GE’s industrial and commercial customers achieve energy savings using such tools as solar panels and energy-efficient LED lighting. Current’s inception in Boston, of course, has been overshadowed by even bigger GE news: the decision last month by the parent company to relocate its corporate headquarters from Fairfield, Conn., to Boston. A number of top executives will make the move from Fairfield to South Boston’s Fort Point section by this summer, but the final location for the permanent headquarters hasn’t been picked. Current is expected to eventually join the permanent corporate headquarters after it opens, something that’s expected to happen by 2018. As many as 200 Current employees could be working in Boston by that point. — JON CHESTO

TECHOLOGY

Uber drivers protest NYC price cuts

Hundreds of Uber drivers went on strike outside the company’s New York City offices Monday, chanting and holding signs with slogans like “Uber is Wal-Mart on Wheels,’’ to protest price cuts. Last week Uber Technologies Inc., the ride-hailing leader, reduced rates on its basic service, uberX, in New York City by 15 percent. A trip from Midtown to LaGuardia Airport is now $37.12, compared with $43.67 before. Uber’s reasoning is that lower fares spur demand so drivers don’t have as much down time between trips. Over the past weekend, drivers spent 39 percent less time without a fare and as a result saw a 20 percent increase in hourly earnings compared with two weekends earlier, the company said. — BLOOMBERG

ENERGY

Dim future for compact fluorescent lights

Just a few years ago, the compact fluorescent light (left) was the go-to choice for customers seeking an inexpensive, energy-efficient replacement for the standard incandescent bulb. But, as the light quality of LEDs improved and their cost plummeted, manufacturers and retailers began shifting their efforts in that direction. Now, General Electric is saying farewell to the compact fluorescent light, or CFL. The company said Monday that it would stop making and selling the bulbs in the United States by the end of the year. Compact fluorescents were the first big energy-saving alternative to standard incandescents, which no longer meet government standards for energy efficiency in the United States and many places abroad. — NEW YORK TIMES

RESTAURANTS

Chipotle’s E. coli outbreak over, US says

The federal agency that monitors public health says the outbreak of E. coli illness linked to Chipotle restaurants that sickened 60 people appears to be over. The Centers for Disease Control and Prevention said Monday the most recent illness reported to the agency started on Dec. 1. Although the CDC closed its investigation, the source of the illness that spread to 14 states is still unknown. Chipotle executives say they may never be able to identify what made people sick. Denver-based Chipotle Mexican Grill Inc. undertook an aggressive revamping of food preparation methods at its more than 1,900 locations. In December, an unrelated norovirus outbreak sickened dozens of students at Boston College. — ASSOCIATED PRESS

ENTERTAINMENT

SFX declares bankruptcy

SFX Entertainment, the company created four years ago to capitalize on the popularity of dance music festivals, declared bankruptcy Monday, after a troubled year in which the company’s founder abandoned a takeover bid and its stock plunged by more than 95 percent. The bankruptcy reorganization will take the company private, eliminate more than $300 million in debt from its balance sheet, and install a new chief executive to replace Robert F.X. Sillerman, who founded SFX in 2012 with a dream of creating a media empire around dance music. As part of the deal, a group of the company’s bondholders will convert their debt into equity and provide $115 million in financing. According to an announcement, the company’s many festivals around the world, including Electric Zoo, Tomorrowland, Mysteryland, and Stereosonic, will go on as planned, and other businesses, like its digital music store Beatport, will remain operational. — NEW YORK TIMES

RETAIL

US fines Lumber Liquidators $13m

Lumber Liquidators will pay more than $13 million for illegally importing hardwood flooring. The Department of Justice says the penalty is the biggest for timber trafficking under the Lacey Act. In October Lumber Liquidators Holdings Inc. pleaded guilty to environmental crimes related to importing flooring manufactured in China from timber illegally logged in eastern Russia. — ASSOCIATED PRESS

ECONOMY

Home building bolsters construction

US construction spending rebounded slightly in December, helping push total spending for 2015 to the highest level in eight years. Construction spending increased 0.1 percent in December after falling in October and November, the Commerce Department said Monday. The December increase was driven by gains in home construction and spending on government projects. That offset declines in spending on private construction of shopping centers, office buildings, and hotels. Construction jumped 10.5 percent to $1.1 trillion in 2015, the highest total since 2007. — ASSOCIATED PRESS

INVESTING

Berkshire Hathaway to stream annual meeting

Now anyone with an Internet connection will be able to watch Warren Buffett dispense his investing insights. Berkshire Hathaway is streaming its annual meeting online for the first time ever this spring. That will make it easier for people to see Buffett and Berkshire vice chairman Charlie Munger spend several hours answering questions. The all-day meeting serves as the centerpiece of what Buffett likes to call ‘‘Woodstock for Capitalists.’’ — ASSOCIATED PRESS

ENERGY

Gasoline prices fall again

The price of a gallon of gasoline fell for the eighth straight week to reach an average of $1.81 in Massachusetts Monday, according to AAA Northeast. A gallon of regular, unleaded ranged from $1.63 to $2.09, according to a survey by the nonprofit auto club. Motorists reported prices as low as $1.60 at Saab Energy in Brockton on the website GasBuddy.com. The nationwide average price per gallon was $1.80 Monday. Prices are at their lowest since 2009, as a huge supply of crude oil has driven down energy prices. Monday’s average price per gallon was 3 cents below the statewide average a week ago, and 25 cents below the price one year ago. — NIDHI SUBBARAMAN

TOYS

Mattel earnings top expectations

Mattel Inc., the owner of Barbie, Hot Wheels, and Fisher-Price, posted fourth-quarter earnings that beat analysts’ estimates, a sign the world’s largest toy company is making progress in its comeback bid. Barbie’s sales grew 1 percent last quarter and would have been up 8 percent if currency rates were held constant, the company said. Still, Mattel’s total gross sales fell last quarter. And revenue will take another hit this year as the licensing rights to Disney’s lucrative Frozen and Princess brands shift to rival Hasbro Inc. Last month, Mattel unveiled Barbie dolls in a wider range of sizes, including shorter and “curvier’’ versions, in a bid to boost the brand’s appeal. — BLOOMBERG