R.I. reaps millions in first year of recreational cannabis sales

Despite a slow rollout, monthly recreational sales have doubled over the past year while medical sales have steadily decreased. 6:00 a.m.

Larry Edelman | Trendlines

Cumberland Farms scion George P. Haseotes bets big on St. Regis condos

Haseotes, who has locked down 10 units in the Seaport tower, appears to believe that the market will turn around as mortgage rates decline. 5:56 a.m.

TALKING POINTS

Average long-term US mortgage rate falls for a fifth week

Stories you may have missed from the world of business. 8:22 p.m.

Federal Reserve’s preferred inflation gauge shows price pressures continuing to cool

Thursday’s report from the Commerce Department said prices were unchanged from September to October, down from a 0.4 percent rise the previous month. 6:00 p.m.

OPEC Plus cuts production further to blunt falling oil prices

Even with the consortium’s latest move to reduce output, analysts speculate that prices may not rise considerably at a time when inventories are flush and nations outside OPEC have expanded production capabilities. 5:45 p.m.

Autoworkers strike cut Ford sales by 100,000 vehicles and cost company $1.7 billion in profits

Ford will work to offset that cost through higher productivity and reducing expenses, said chief financial officer John Lawler. 5:29 p.m.

‘Hypervisible and invisible’: Olin College president discusses journey as a Black woman in engineering

"I’ve gotten accustomed to entering spaces where I am the first, or the only," said Gilda Barabino. 2:55 p.m.

A running list of layoffs in the Boston-area tech sector

Dozens of companies have reduced their workforces, ranging from the regional offices of the tech giants to startups that have only been in a business a few years. 2:30 p.m.

Quiet cutting: Wayfair undergoes multiple, small rounds of layoffs

The Boston online retailer has cut dozens of jobs in recent weeks, despite undergoing two major layoffs over the past 18 months. 2:18 p.m.

Brazilian city enacts an ordinance secretly written by AI

City lawmakers in Brazil passed what appears to be the nation’s first legislation written entirely by artificial intelligence — after they were kept in the dark about its unprecedented origin. 2:04 p.m.

Appeals court reinstates gag order that barred Trump from maligning court staff in N.Y. fraud trial

A New York appeals court Thursday reinstated a gag order that barred former president Donald Trump from commenting about court personnel after he disparaged a law clerk in his New York civil fraud trial. 12:39 p.m.

AbbVie strikes deal to acquire Waltham’s ImmunoGen for more than $10 billion

It’s the largest acquisition of a Massachusetts company this year. 11:25 a.m.

podcast | say more with shirley leung

Ben Mezrich’s new book is on Elon Musk and how Twitter broke the billionaire

Fans of Mezrich will recognize his penchant for dramatic narrative nonfiction that Hollywood loves to make into movies and TV series. 11:24 a.m.

Applications for jobless benefits up modestly, but continuing claims reach highest level in 2 years

In Massachusetts, about 6,625 individuals filed new claims for unemployment benefits last week, up 210 from the week prior, according to the Labor Department. 9:34 a.m.