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RI BUSINESS

CVS plummets as rising medical costs hit profit forecast

CVS Health reported first quarter revenue that missed expectations.

Police restricted reporter access during Columbia arrests, prompting criticism ahead of Pulitzer Prizes

Journalists, including some students, reported limited press access and police threatening them with arrest if they approached the scene.

Federal Reserve says interest rates will stay at two-decade high until inflation further cools

The Fed issued its decision in a statement after its latest meeting, at which it kept its key rate at a two-decade high of 5.3 percent.

How to spot a deepfake: A little bit of critical thinking goes a long way

If the disembodied voice of your Uncle Bob wants you to wire him $10,000 right now, you shouldn’t need a degree in cyber security to smell a rat.

Grillo’s Pickles has unveiled new packaging to prevent spillage. It’s gone viral.

The Westwood-based pickle company recently unveiled new twist-top packaging, designed to sidestep the vinegary spillage common with its previous container.

The federal government is poised to loosen restrictions on marijuana. Here’s how that could impact Massachusetts.

The move could mark the largest federal cannabis policy change in decades, removing the drug from being classified as “Schedule I,” to a lower-risk category called “Schedule III.”

Trump awarded 36 million more Trump Media shares worth $1.8 billion after hitting price benchmarks

That brings his total ownership to more than 114 million shares, which based on Wednesday morning’s stock price, are worth $5.7 billion.

ADDRESS

Home of the Week: Don’t let the outside fool you. This Walpole Colonial is pastel perfection.

Boasting endless entertainment space, a custom bar, and a rainbow of wall colors, this four-bedroom home is spring in architectural form.


STAT news

What we’re starting to learn about H5N1 in cows, and the risk to people

The recent discovery that the virus has jumped into dairy cattle — whose udders seem to be where the virus either infects or migrates to — has dumbfounded scientists and agricultural authorities.

This weapons detection system is used at Fenway, TD Garden, and Gillette. But does it live up to the hype?

A chorus of critics say Waltham-based Evolv Technology has made false and misleading claims about the performance of its system, while selling it for a far higher price than rival products.

TALKING POINTS

At New England Council, Healey touts clean energy funding

Stories you may have missed from the world of business.

As internet data centers multiply, efforts to control them are growing

A backlash against internet data centers has triggered a wave of laws around the country to restrain the rapidly growing industry that uses massive amounts of energy to make cloud computing and smart technology possible.

Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing

It’s a problem that has played out in states across the US as climate change and increasing development has raised the risks of wildfires and other natural disasters damaging communities.

US consumer confidence slumps to lowest level since July 2022

Confidence now stands at the lower end of its recent range as consumers contend with elevated inflation, high borrowing costs, and a gradually cooling labor market.

DraftKings wins this round in its noncompete battle with Fanatics

A judge ruled that a former DraftKings executive can’t serve in his previous role for the rival that hired him away.

Eight daily newspapers sue OpenAI and Microsoft over AI

The publications are The New York Daily News, The Chicago Tribune, The Orlando Sentinel, The Sun Sentinel of Florida, The San Jose Mercury News, The Denver Post, The Orange County Register, and The St. Paul Pioneer Press.