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ON THE STREET

In tackling the pandemic, Chelsea finds new strength

As a second wave of the pandemic rises, many people in Chelsea are starting to think about how to steer the city through the recovery that will someday come, and ensure that any rebound benefits those who most need support.
Infections and evictions are intertwined in ChelseaExplore the full On the Street series
On the Street: Chelsea
During the pandemic, Chelsea was hit particularly hard. Local community organizations are trying to help their community as many struggle with food insecurity. (Video by Shelby Lum/Globe Staff, Photo by David L Ryan/Globe Staff)

Penguin Random House to buy Simon & Schuster

The biggest US book publisher is about to get bigger. ViacomCBS has agreed to sell Simon & Schuster to Penguin Random House for more than $2 billion in a deal that will create the first megapublisher.

Latest Business Headlines

After admitting mistake, AstraZeneca faces difficult questions about its vaccine

AstraZeneca has acknowledged a key mistake in the COVID-19 vaccine dosage received by some study participants, adding to questions about whether the vaccine’s apparently spectacular efficacy will hold up under additional testing.

For this VC firm, risk taking is a safe bet

One Way Ventures’ investment in Brio seemed like a big risk. Until the pandemic made it seem very smart.

The Salvation Army’s annual Red Kettle Campaign will look and sound different this holiday season

The Salvation Army’s Massachusetts Division predicts it will only collect half of the $2.6 million it raised in 2019. To combat this year’s challenges, the group is doubling down on its effort to attract digital donations.

Larry Edelman
The state owes us an explanation of jobless claims fraud
Unfortunately, a surge in bogus claims here and in other states is making it hard to know exactly how many people are really losing their jobs and seeking benefits.

Salesforce is said to explore acquisition of Slack
Salesforce.com Inc. is considering acquiring workplace chat tool Slack Technologies Inc., according to a person familiar with the matter.

LIVE VACCINE TRACKER

The latest COVID-19 vaccine news

A snapshot of 11 companies and their progress in the race to produce the first COVID-19 vaccine.
Pfizer asks FDA for emergency use of COVID-19 vaccine

More business headlines

Amazon Web Services outage hits businesses, sites

Amazon's widely used cloud computing service suffered a major outage in its eastern US operations Wednesday.

Baker’s $50 million effort to help small businesses is wildly oversubscribed

More than 10,000 businesses have applied for grants through the new programs in the past month. Generally speaking, the industries most affected by the pandemic were most represented: restaurants, beauty and personal care, and educational and personal services.

US jobless claims increase to 778,000 ahead of Thanksgiving as the pandemic worsens

Claims for unemployment benefits remain elevated as a rise in coronavirus cases continues to take a toll on the economy’s recovery from the pandemic.

YouTube suspends OAN for COVID-19 misinformation

YouTube suspended One America News Network, one of the right-wing channels aggressively pushing false claims about widespread election fraud, for violating its policies on misinformation.

Democratic senators urge YouTube to remove election misinformation videos

A group of Democratic senators urged YouTube to reverse its policy of allowing videos containing election outcome misinformation and pushed the company to adopt more aggressive steps to curb the spread of false content and manipulated media before critical runoff elections for Georgia’s two Senate seats in January.

Left for dead, twice, RadioShack gets another shot online

RadioShack is the most prized name in the basket of brands that entrepreneur investors Alex Mehr and Tai Lopez have scooped up since the coronavirus pandemic bowled over the US retail sector

Larry Edelman

Joe, don’t wait to cut a deal with the GOP on the economy

President-elect Joe Biden should press for an economic rescue package that is big enough to be effective but is still able to get through the Republican-controlled Senate.

It may look more crowded at the supermarket, but stores say they’re still playing it safe

Large stores face a crucial test as the start of the holiday shopping season collides with a dangerous spike in COVID-19 infections.