More business headlines
Fans react to Colbert ‘Late Show’ cancellation with puzzlement and anger
The first people to hear that CBS was canceling "The Late Show With Stephen Colbert" reacted to the news loudly, and viscerally, with a chorus of "No!" that turned into a sustained round of boos.
TALKING POINTS
Canadian retailer abandons its quest for 7-Eleven
Stories you may have missed from the world of business.
New England public broadcasters face potential layoffs and programming cuts as they brace for loss of federal funds
About 1,500 public broadcasters nationwide face severe budget cuts after the Senate voted Thursday to claw back $1.1 billion from the Corporation for Public Broadcasting.
Here’s how Congress is wading into crypto regulation
House Republicans this week took up a trio of bills that would help establish federal rules of the road for cryptocurrency, handing the industry a major win.
Air, cruise travel out of Boston set records
Travel through Boston by air and by sea surged to new heights over the past 12 months, setting a pair of new records at facilities overseen by the Massachusetts Port Authority.
House sends bill regulating stablecoins, a type of cryptocurrency, to Trump
The stablecoin bill sets initial guardrails and consumer protections for the cryptocurrency, which is tied to a stable asset, often the US dollar, to reduce price volatility.
Senator Warren, a longtime Powell critic, defends Fed chair amid Trump attacks
"I certainly have policy differences with Powell, but I also believe in the independence of the Fed,” Elizabeth Warren told CBS on Wednesday.
BOLD TYPES
Eastern Bank Foundation commits $10 million to English-language training for immigrants
The foundation says it will give the money over three years to support English teaching programs in the state, with an eye toward filling workforce gaps.
Juul gets FDA’s OK to keep selling tobacco and menthol e-cigarettes
The move provides relief to a company that has struggled for years after being widely blamed for sparking the teen vaping trend.
Healey urges trash company to reach deal with striking union
Since the strike began on July 1, residents in 14 municipalities have experienced service disruptions, as have businesses and property owners elsewhere that contract with Republic.
US applications for jobless benefits fall for fifth straight week, hitting lowest level since April
The Labor Department reported Thursday that jobless claims for the week ending July 12 fell by 7,000 to 221,000, the fifth straight weekly decline and the fewest since mid-April.
Why people flock to Massachusetts to buy $100,000 flutes
Many of the world's best flutemakers are based right here, and musicians from around the world revere the sound of a Boston-made flute.
Larry Edelman | Trendlines
Will Trump chicken out on higher tariffs and firing Powell?
The president’s tariff push aims to boost manufacturing — but it risks stoking inflation.
Lin-Manuel Miranda will turn ‘Hamilton’ 10th anniversary into a fundraiser for immigration services
The Aug. 6 performance of “Hamilton” at Broadway’s Richard Rodgers Theatre is expected to raise about $3 million for the Immigrants: We Get the Job Done Coalition.
Families, kids most at risk of losing HUD housing with Trump’s proposed time limits
That’s according to new research from New York University which suggests the time restriction could affect as many as 1.4 million households helped by the US Department of Housing and Urban Development.
Harvard Kennedy School launches $100,000 fellowship for military veterans, public service workers
The fellowship will cover tuition, fees, and a stipend to pursue a one-year master's program for the 2026-2027 school year.