More business headlines
Boomerangs thrift stores to close in Jamaica Plain, South End, and Central Square
The main financial strain the company faced was the expense of the Dedham warehouse where it stored excess inventory, which cost $820,000 a year between rent, maintenance, staff salaries, and benefits.
TALKING POINTS
Healey signs law making cocktails-to-go permanent
Stories you may have missed from the world of business.
‘It’s absolute chaos’: Brigham nurses among Boston workers rallying for International Workers’ Day
Several workers groups rallied in Boston on Wednesday including hotel employees, teachers, and Uber and Lyft drivers.
House health care bill aims to contain costs, set rules to prevent another Steward crisis
Wide-ranging legislation would require licensed hospitals to own their real estate and increase financial reporting requirements.
Pot banking, stablecoin bills hit hurdles with House speaker
Prospects are dimming for fast-track congressional consideration of legislation to open banking services to marijuana businesses, regulate stablecoins, and promote more competition on credit-card swipe fees.
RI BUSINESS
CVS plummets as rising medical costs hit profit forecast
CVS Health reported first quarter revenue that missed expectations.
Police restricted reporter access during Columbia arrests, prompting criticism ahead of Pulitzer Prizes
Journalists, including some students, reported limited press access and police threatening them with arrest if they approached the scene.
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Fed issued its decision in a statement after its latest meeting, at which it kept its key rate at a two-decade high of 5.3 percent.
How to spot a deepfake: A little bit of critical thinking goes a long way
If the disembodied voice of your Uncle Bob wants you to wire him $10,000 right now, you shouldn’t need a degree in cyber security to smell a rat.
Grillo’s Pickles has unveiled new packaging to prevent spillage. It’s gone viral.
The Westwood-based pickle company recently unveiled new twist-top packaging, designed to sidestep the vinegary spillage common with its previous container.
The federal government is poised to loosen restrictions on marijuana. Here’s how that could impact Massachusetts.
The move could mark the largest federal cannabis policy change in decades, removing the drug from being classified as “Schedule I,” to a lower-risk category called “Schedule III.”
Trump awarded 36 million more Trump Media shares worth $1.8 billion after hitting price benchmarks
That brings his total ownership to more than 114 million shares, which based on Wednesday morning’s stock price, are worth $5.7 billion.
ADDRESS
Home of the Week: Don’t let the outside fool you. This Walpole Colonial is pastel perfection.
Boasting endless entertainment space, a custom bar, and a rainbow of wall colors, this four-bedroom home is spring in architectural form.
STAT news
What we’re starting to learn about H5N1 in cows, and the risk to people
The recent discovery that the virus has jumped into dairy cattle — whose udders seem to be where the virus either infects or migrates to — has dumbfounded scientists and agricultural authorities.
This weapons detection system is used at Fenway, TD Garden, and Gillette. But does it live up to the hype?
A chorus of critics say Waltham-based Evolv Technology has made false and misleading claims about the performance of its system, while selling it for a far higher price than rival products.
TALKING POINTS
At New England Council, Healey touts clean energy funding
Stories you may have missed from the world of business.