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On the Street: Fields Corner
Fields Corner, a Vietnamese enclave, boasts locally owned businesses. But as development continues, rising costs threaten to displace residents. (Shelby Lum/Globe Staf)

More business headlines


President Joe Biden.

Biden’s IRS blocks Developer push to expand a Trump tax break

The Internal Revenue Service announced Friday that boundaries for the nation’s roughly 8,700 opportunity zones — mainly poor areas in need of economic development — “were established at the time they were designated and are not subject to change.”

The Trader Joe's logo hangs on a mural at its market in Cambridge.

Trader Joe’s to follow CDC’s guidance on letting fully vaccinated customers drop their masks

Trader Joe’s on Friday became one of the first large companies to say customers who are fully vaccinated no longer need to wear a mask in its stores.

An artist's rendering of the 88 Black Falcon Ave. building.

The outer edge of the Seaport is getting a makeover

The city has signed off on a plan to renovate and expand an old warehouse near the Black Falcon cruise ship terminal.

Jason Kelly, cofounder and chief executive of Ginkgo Bioworks.

Ginkgo unveils its stock ticker, a biotech venture fund raises $515m, and a unicorn is born

Here’s a roundup of local life-science deals and fundraising events that people are talking about this week.

Shoppers leave a Target store Friday, March 12, 2021, in Centennial, Colo.

Many retailers will still require masks - at least for now - even with new CDC guidance

Target, Home Depot, Harris Teeter, and Wegmans Food Markets are among the chains that will continue to require masks in store, though they are reviewing new CDC guidance and reevaluating store policies.

Streaming services ranging from Netflix to Disney+ want us to stop sharing passwords.

Passing on your password? Streaming services are past it

The giants of streaming media are hoping to discourage the common practice of sharing account passwords without alienating subscribers who've grown accustomed to the hack.

Massachusetts Governor Charlie Baker.

Baker says Mass. to update reopening plans next week in wake of CDC guidance

Governor Charlie Baker said on Friday that he will issue an update the state’s reopening plans early next week.

Shoppers wearing protective masks carry bags in the Broadway Plaza Shopping Center in Walnut Creek, California.

Retail sales were flat in April as stimulus spending wanes

Friday's report comes amid other signs the economy is improving as vaccinations accelerate and business restrictions are relaxed.