More business headlines
larry edelman
The jobs report is too bad to be true: The economy will be fine
The current economic boom — powered by vaccinations, the easing of COVID restrictions, and massive federal stimulus spending — hasn’t run out of gas. Not even close.
Talaris completes $150 million IPO as it goes after organ-transplant drugs
Talaris Therapeutics, a biotech founded nearly 20 years ago, has gone public in the latest initial public offering in the local life sciences industry.
Biden administration allocates $21.6 billion in rental assistance
The Biden administration announced the allocation of $21.6 billion in emergency rental assistance to help prevent evictions of people who lost jobs during the pandemic.
Participants in Chelsea’s guaranteed income experiment are mostly spending at food stores, restaurants
City manager Thomas G. Ambrosino says a preliminary report shows people are using the monthly stipends “responsibly.”
TripAdvisor removes review of Auschwitz Museum after initially saying it complied with guidelines
The museum at the site of the Nazi concentration camp in Poland on Thursday tweeted that it had asked the Needham-based travel website to take down the review.
Stocks rally to records after grim jobs data undercuts rates
Stocks are rallying toward records on Wall Street Friday despite a grim report that showed hiring fell off sharply across the country last month.
US economy added 266,000 jobs in April, fewer than expected as hiring slows
America’s employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers as the economic recovery strengthens.
Eli Broad’s medical research legacy will ‘touch almost the whole world’
Broad’s name will forever be tied to the role that the institute he founded played in helping the region emerge from the global pandemic. But the billionaire philanthropist, contemporary art collector, and entrepreneur, who died April 30, will be remembered for much more.