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Red Lobster seeks bankruptcy protection days after closing dozens of restaurants

The seafood chain has been struggling with rising lease and labor costs in recent years and also promotions like its iconic all-you-can-eat shrimp deal that backfired.

INNOVATOR Q&A

Small businesses in R.I. should consider expanding into global markets, says trade leader

Eva-Marie Mancuso, the director of the John H. Chafee Center for International Business at Bryant University, said businesses facing interruptions from the Washington Bridge problems can turn to trade.

Why are grocery prices rising so much faster in Massachusetts? Too much supermarket competition.

Massachusetts lacks a chain with enough size in the state to drive down prices, especially during high inflation, experts say.

Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature

A plan to boost pay for Uber and Lyft drivers in Minnesota that lawmakers believe would prevent the companies from leaving the market advanced in the state Legislature before the midnight deadline.

Sour Patch Kids Oreos? Peeps Pepsi? What’s behind the weird flavors popping up on store shelves.

While it’s tempting to pass off these limited-time flavors as social media stunts, experts say there’s more to the story.

Bruce Nordstrom, who helped grow family-led department store chain, has died

Seattle-based Nordstrom Inc. said its former chairman died at his home on Saturday. He was 90.

US and Chinese automakers are headed in completely different directions

Chinese automakers are entering markets all over the world, while American companies like GM and Ford are focusing on North America.

Biden’s China tariffs are the end of an era for cheap Chinese goods

In separate but overlapping efforts, former President Donald Trump and President Biden have sought to revive and protect American factories by making it more expensive to buy Chinese goods.


These local leaders struggled in school. It hasn’t held them back.

Lousy grades or a lack of college degree — or a long, winding road through higher education — haven’t kept accomplished locals from having meaningful careers.

The state’s new housing law aimed to help fix the affordability crisis. Experts now say it won’t deliver.

As towns file their MBTA Communities plans with the state, many are drawing zones that will likely produce far less new housing than the law anticipates. And it’s entirely by the book.

NRA kicks off annual meeting as board considers successor to longtime leader Wayne LaPierre

Though beset by financial troubles and following a trial in which a jury found LaPierre misspent millions of the NRA’s money, the group remains a political force.

Moderna wins a battle in vaccine patent dispute with Pfizer-BioNTech

The Cambridge biotech said Friday that the European Patent Office has upheld the validity of one of its key patents, a victory in an ongoing dispute with Pfizer and BioNTech over rival COVID-19 vaccines.

Despite looming tax base worries, Moody’s affirms Boston’s strong credit rating

The major credit rating agency affirmed this week that Boston’s finances remain in great shape — at least for now.

Employees at Alabama Mercedes plants vote 56 percent against union, slowing UAW effort in South

Workers at two Mercedes-Benz factories near Tuscaloosa, Alabama, voted overwhelmingly against joining the United Auto Workers, a setback in the union’s drive to organize plants in the historically nonunion South.

Meet Jenny Johnson, CEO of Franklin Templeton, which now owns Putnam Investments

With the economy and markets in flux, Johnson is wary of inflation but bullish on Bitcoin and Putnam's future in Boston.

Larry Edelman

Massachusetts employers cut jobs for a second straight month in April

The state shed 500 jobs last month, following a drop of 4,100 jobs in March. It was the first back-to-back employment loss since the start of the pandemic.