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Stocks slam into reverse as virus keeps scarring economy

Wall Street got a painful reminder that the coronavirus pandemic isn’t going away, and a big early gain for stocks suddenly flipped to losses after California showed how it’s still scarring the economy. 2 hours ago

Stocks slam into reverse as coronavirus keeps scarring economy

Wall Street got a painful reminder that the coronavirus pandemic isn’t going away, and a big early gain for stocks suddenly flipped to losses after California showed how it’s still scarring the economy.

California shuts bars, indoor dining, and most gyms and churches as coronavirus cases keep rising

California Governor Gavin Newsom has extended the closure of bars and indoor dining statewide and has ordered gyms, churches, and hair salons closed in most places as coronavirus cases keep rising in the nation’s most populated state.

US budget deficit shattered one-month record in June, as spending outpaced revenue by $864 billion

Economists say that federal spending was badly needed to prevent tens of millions of Americans from being hurt by the pandemic, and that more remains necessary.

Another local biotech gets ready to make a public debut

Watertown-based Pandion Therapeutics plans to raise $94m in its IPO, more than originally anticipated.

Duck boat tours resume with a splash of hope

With Phase 3 of the state's reopening plan starting in Boston, duck boats took to the streets and waterways for the first time since the COVID-19 crisis began.


Norwood-based Analog Devices buying Maxim Integrated in all-stock deal

Norwood-based Analog Devices Inc. provides technology used in everything from healthcare to transportation.

A running list of businesses that are reopening (and not reopening) in Boston today

Museums, gyms, and movie theaters have the green light to reopen in Boston today as part of Phase 3 of the state’s gradual plan to reopen the economy amid COVID-19. Here is a running list of Boston businesses that have announced their plans to reopen, or not, starting today.

Fracking firms fail, rewarding executives and raising climate fears

Oil and gas companies are hurtling toward bankruptcy, raising fears that wells will be left leaking plant-warming pollutants with grave costs.

Look out, Mars: Here we come with a fleet of spacecraft

Three countries — the United States, China and the United Arab Emirates — are sending unmanned spacecraft to the red planet in quick succession beginning this week, in the most sweeping effort yet to seek signs of ancient microscopic life while scouting out the place for future astronauts.

Analog Devices is said to be near a deal to acquire a Silicon Valley company for $17 billion

Analog Devices Inc. is close to an all-stock agreement to acquire Maxim Integrated Products Inc., according to people familiar with the matter.

New York City reaches coronavirus milestone with no reported deaths

New York City, once the epicenter of the nation’s coronavirus outbreak, has just reported its first day with zero confirmed or probable virus deaths since the pandemic hit New York state.

Betsy DeVos again calls for school districts to open fully for 2020-21

Education Secretary Betsy DeVos made clear on Sunday that she wants schools to reopen fully for most students for the 2020-21 academic year, even as COVID-19 infection rates are soaring in some parts of the country and some superintendents say it is impossible for them to do that.

The latest on coronavirus: Houston officials call for return to lockdown

Top officials in Houston are calling for the city to lock back down as area hospitals strain to accommodate the onslaught of patients sick with the new coronavirus.