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Consumers are increasingly pushing back against price increases — and winning

Inflation has changed the way many Americans shop

Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi

As the World Trade Organization opens its latest biannual meeting of government ministers on Monday, its longtime moratorium on duties on e-commerce products is coming under pressure like never before

Houthi attack on ship led to ‘environmental disaster,’ US says

The missile attack by Houthi militants on a ship carrying a cargo of fertilizer has led to an “environmental disaster” in the Red Sea, US Central Command said Friday evening.

Steward does not provide all financial documents sought by Governor Healey

An aide to Governor Healey said that financial documents are necessary as state officials evaluate how Steward got into such a precarious financial condition.

UnitedHealth cyberattack cripples pharmacies’ and hospitals’ ability to process insurance claims

The severity of the attack started to become more apparent Thursday after UnitedHealth disclosed a “suspected nation-state” is behind the cyberattack, which began on Wednesday.

Could a New York private equity firm be hunting Tripadvisor?

In recent weeks, analysts have pointed to a potential buyer of the online travel firm: Certares Management, which focuses on the tourism and travel industry.

HEALTH CARE

CVS executive criticizes ‘egregious’ pricing of obesity drugs

CVS Health Corp.’s chief medical officer said the cost of buzzy new medicines for weight loss and diabetes has gotten out of control.

Mass. Clean Energy Center completes $30 million deal for Salem port land to help build wind farms

The transfer underscores how state policy makers are doubling down on offshore wind even amid escalating costs.


‘Some cars have a shelf life of days’: Falling prices give a jolt to used EV market

Inventories of used EVs are rising and prices are falling, while many consumers are taking advantage of federal and state subsidies.

AT&T says the outage to its cellphone network was not caused by a cyberattack

The outage, which the company said was the result of a technical error, knocked out cellular phone service for thousands of users across the US.

Vice Media says ‘several hundred’ staff members will be laid off, Vice.com news site shuttered

Once a swashbuckling media company geared to a younger audience with an immersive storytelling style that encompassed digital, television, and film outlets, Vice was valued at $5.7 billion in 2017.

THE RI FOOD CLUB NEWSLETTER

A century-old company just bought Bayberry Beer Hall, a popular hang out in Providence

Morin’s Hospitality Group, a longtime family business founded in 1911 in Attleboro, Mass., has purchased the beer hall in Providence and has plans to transform the space.

Larry Edelman | Trendlines

How can Healey stop the Steward crisis from spreading? Remember the lesson of Lehman Bros.

OK, the Steward-Wall Street analogy is a stretch. But the underlying moral is the same: Cooperation between the state and hospital leaders might mitigate much of the shock from a Steward shutdown.

TALKING POINTS

Vineyard Wind now generating power

Stories you may have missed from the world of business.

In Watertown visit, Senator Warren and FTC head Lina Khan look to jumpstart right-to-repair

“The people of Massachusetts have spoken to this issue by a margin of three to one and, by golly, they ought to have the right to repair that they voted for,” said Warren, during a tour of Direct Tire & Auto in Watertown.

Stocks rally as AI craze sweeps across the world

The stock rally powered ahead as Nvidia Corp.’s bullish outlook rekindled the artificial-intelligence mania and data showed the world’s largest economy is still going strong.