The Latest in Financial & Business News

Smoke rises from an explosion at the R.M. Palmer Co. plant in West Reading, Pa., Friday.

Officials: 2 dead, 5 missing in chocolate factory explosion

An explosion at a chocolate factory in Pennsylvania on Friday killed two people and left five people missing, authorities said. One person was pulled from the rubble overnight.

Many smaller owner-occupied rental properties, like triple-deckers, would be exempt from the rent caps entirely.

Landlords rarely hike the rent by 10 percent. So why do they hate Mayor Wu’s cap proposal?

Landlords say they fear the kind of blunt force rent control regime that squeezed landlords in Boston and neighboring cities decades ago.

Gordon Moore, the legendary Intel Corp. co-founder who predicted the growth of the semiconductor industry, smiles during a news conference, on May 24, 2001, in Santa Clara, Calif.

Intel co-founder, philanthropist Gordon Moore dies at 94

Gordon Moore, the Intel Corp. co-founder who set the breakneck pace of progress in the digital age with a simple 1965 prediction of how quickly engineers would boost the capacity of computer chips, has died.

Shirley Leung

A person walks out of a First Republic Bank building in downtown Boston.

First Republic grew rapidly in Boston catering to real estate developers and wealthy homeowners

With only five branches, First Republic has become one of the largest banks in Massachusetts, more than doubling its deposits here over the past five years.

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This stretch of air above the Massachusetts Turnpike in Chinatown could someday become a park, city officials hope, a process that could start with a $1.8 million planning grant Boston has received from the federal government.

A park over the Pike in Chinatown? Boston officials are looking into it.

The line started early at the Silicon Valley Bank branch Monday in Wellesley.

Boston’s tech, life science, and nonprofit communities hail SVB rescue, but worries persist

Corina Salgado shopped at the grocery store to supplement groceries from La Colaborativa's biweekly food distribution in Chelsea.

As food aid program winds down, another piece of the COVID-era safety net gets snipped away

Announcing the new business newsletter from columnist Larry Edelman

Read about the SVB collapse and its ripple effects

ON THE STREET

On the Street looks at the past, present, and future of neighborhoods in Greater Boston.

A heart sculpture on display near Framingham's downtown, with "welcome" written in a variety of languages.

Framingham is reinventing itself. Again.

Watch the videoFramingham’s public schools offer a pipeline for inclusionExplore the full series

Unicorn Tracker

The Boston Globe’s tech unicorn tracker lists startups headquartered in Massachusetts that have a valuation of at least $500 million. A “unicorn” is a company with a valuation in excess of $1 billion.

TECH POWER PLAYERS 50

Explore the full list of CEOs, founders, and venture capitalists

The list is meant to convey the impact of honorees — in Boston and beyond — on technology and business.

Introducing the Globe’s Tech Power Players 50 — and how it came together

BOLD TYPES

Globe reporter Janelle Nanos sits down with leaders in the city’s business community to talk career paths, accomplishments, and visions for Boston’s future.

Bold Types | With SparkCharge, Josh Aviv is providing electric vehicle charging on-demand

Aviv is the founder and chief executive of Somerville-based SparkCharge, the world’s first mobile on-demand EV charging network. (Producer & Editor: Anush Elbakyan, Producer & Reporter: Janelle Nanos, Camera & Editing: Chaney Carlson-Bullock Mikayla Litevich)

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More business headlines

Berkshire Grey makes robotic systems for warehouses and retailers.

SoftBank snaps up Bedford robotics firm Berkshire Grey

Berkshire Grey builds robotic systems for moving merchandise for warehouses and large retailers, including Walmart, Target, and TJX. 6:42 p.m.

Our Lady's Guild House at 20 Charlesgate West, near Kenmore Square.

Fenway rooming house to become affordable housing after long battle and legal settlement

Two affordable housing nonprofits reached a deal to buy Our Lady’s Guild House from the Catholic order that has long operated it. 6:03 p.m.

Images created by Eliot Higgins with the use of artificial intelligence showed a fictitious skirmish with Donald Trump and New York City police officers posted on Higgins' Twitter account, as photographed on an iPhone in Arlington, Va., Thursday.

Trump arrested? Putin jailed? Fake AI images spread online

Misinformation experts warn the images are harbingers of a new reality: waves of fake photos and videos flooding social media after major news events and further muddying fact and fiction at crucial times for society. 5:56 p.m.

In happier days at America's Test Kitchen, a kid taste-testing crew visited their Seaport headquarters. ATK shuttered its ATK Kids division as part of layoffs this week.

America’s Test Kitchen lays off 23, shutters ATK Kids

The job cuts included the entire team that worked on the ATK Kids brand, the union said, as well as employees in the books and marketing divisions. 5:42 p.m.

The living conditions of the 17 migrants who were found living in a Lisbon, Maine home. The migrants allegedly worked for a Massachusetts-based company, which rented the house to provide a residence for the workers, according to a statement from US Customs and Border Protection.

Officials decline to identify Mass. company that allegedly rented Maine home for undocumented workers

Federal officials on Friday would not identify the Massachusetts company that allegedly rented out a home in Lisbon, Maine, for 17 undocumented workers who were living there as part of what US Customs and Border Protection described as an “elaborate human smuggling” plot. 3:18 p.m.

THE FINE PRINT

This 93-year-old Pembroke woman, pictured with her husband, who is 96, fell victim to a familiar phone scam. They agreed to have their photo taken, but asked that their names be withheld so that they aren't targeted again.

A 93-year-old Pembroke grandmother was scammed out of $9,500. Here’s how Bank of America and Lyft were involved.

Duped into believing that a granddaughter was in jail, she withdrew thousands in cash to secure her "release." 11:46 a.m.

A freight train derailed Thursday afternoon in Ayer, officials said. Crews were still working to remove the train cars and freight on Friday.

Crews still on scene of Ayer train derailment

Repair crews were working Friday to remove train cars and sealed containers of trash that were dislodged when a freight train derailed in Ayer Thursday morning, an incident that is slowing MBTA commuter rail traffic, officials said. 11:03 a.m.

Larry Edelman | Trendlines

The Marriner S. Eccles Federal Reserve building in Washington, DC, on March 13, 2023.

How the bank mess could push inflation lower

Lenders worried about withdrawals may make loans harder to get, which would have the same impact as a rate hike. 9:53 a.m.