Airlines must now pay automatic refunds for canceled flights

The goal is to make it easier for people to get money back and to make refund policies more consistent from one airline to the next. 12:52 p.m.

NH BUSINESS

Diaper spa owner fined $10k by N.H. Board of Medicine

The fine is for advertising the highly unusual business as a “physician-run” salon in Atkinson, N.H. 11:25 a.m.

ADDRESS

Home of the Week pick is near an orchard and pretty to its core

Berlin property has four bedrooms, 2.5 baths, a farmer’s porch, a surprisingly open layout, and the polish only contractor-artist owners can give it. 10:11 a.m.

Biogen stock climbs on strong Alzheimer’s drug sales

The Cambridge firm on Wednesday reported a first-quarter profit that exceeded estimates as it cut costs and sales of its closely watched Alzheimer’s drug, Leqembi, surpassed expectations. 7:56 a.m.

Vegetarian fast food chain Clover is emerging from bankruptcy — with an eye on expanding

The chain has pared expenses but held onto most of its suppliers and workers. 6:18 a.m.

innovation economy

AI talent is leaving Massachusetts. The state is hustling to catch up.

Many tech entrepreneurs, particularly in AI-related software, leave the Boston area for places like San Francisco and New York. 6:16 a.m.

Senate passes bill forcing TikTok’s parent company to sell or face ban, sends to Biden for signature

The contentious move by lawmakers is expected to face legal challenges and disrupt the lives of content creators who rely on the short-form video app for income. 6:02 a.m.

TALKING POINTS

Settlement over realtor fees gets preliminary approval

Stories you may have missed from the world of business. 7:56 p.m.

‘It’s just where I belong’: Taunton nurses, community members hold rally amid Steward crisis

Dozens of medical professionals, community members, and local officials gathered Tuesday at a Taunton park, calling for Steward Health Care to keep Morton Hospital open. 6:43 p.m.

SPORTS BUSINESS

Caitlin Clark is closing on a record $28 million endorsement contract, shoe deal with Nike

Under Armour and Adidas also participated in contract discussions with Clark’s team in February, according to the WSJ and The Athletic. Puma also showed some interest, but walked away when told the bidding would start at $3 million per year. 6:34 p.m.

GM reports big jump in profit on gasoline car sales

The company saw slow growth in electric vehicles, but robust sales of internal combustion vehicles, especially pickup trucks, helped raise its profit to $3 billion in the first quarter, a 24 percent jump from a year earlier. 5:12 p.m.

Nonprofit, residents continuing with lawsuit over White Stadium redevelopment plan

A Suffolk Superior Court judge last month rejected the plaintiffs' request for a preliminary injunction to temporarily pause any progress on the project until the lawsuit could be resolved. 5:07 p.m.

Starbucks appears likely to win Supreme Court dispute with federal labor agency

The case that made it to the high court began in February 2022, when Starbucks fired seven workers who were trying to unionize their Tennessee store. 5:05 p.m.

GE Aerospace raises earnings goal on strong engine sales

Operating profit this year will reach $6.2 billion to $6.6 billion, GE said in a statement on Tuesday, raising its guidance from as much as $6.5 billion. 5:05 p.m.