More business headlines


Recession on the horizon? Local business leaders aren’t convinced

They’re on alert, yes, but few business leaders in the Boston area seem to expect the economy to fall off a cliff.

‘Stranger Things’ fans bring cameras, wallets to Georgia

Soon after Netflix released “Stranger Things,” fans of all ages flocked to local businesses in Georgia where the show filmed, some dressed as characters from the show, looking to recreate iconic scenes.

Stocks climb after big US retailers post solid earnings

Strong earnings reports from several big retailers helped drive stocks broadly higher Wednesday as the market bounced back from its first loss in four days.

Business agenda

A vocal training, mortgage rates and other events and things to know

In biotech hub Cambridge, there’s still room for Junior Mints

Tootsie Roll Industries Inc. is planning a modest expansion of the century-old Cambridge factory where it produces the entire world’s supply of Junior Mints.

Trump says he’s the ‘chosen one’ to take on China over trade

“This is a trade war that should have taken place a long time ago,” President Trump told reporters at the White House. He added: “Somebody had to do it. I am the chosen one.”

US budget gap set to top $1 trillion in 2020, two years sooner than expected

The deficit will expand faster than thought after recent legislation that raised spending levels, according to the Congressional Budget Office.

Oncorus raises $79.5m to develop solid tumor cancer drug

The company plans to use the funds to bring a drug that targets solid tumors found in different types of cancers — including breast, skin, and liver cancers — to clinical trial in early 2020.