TALKING POINTS

John Hancock hires executive from Equitable

Stories you may have missed from the world of business. 8:08 p.m.

FTC bars anonymous messaging app from serving users younger than 18

The Federal Trade Commission said the NGL app had violated child privacy and consumer protection laws and had harmed children and teenagers. 6:18 p.m.

Drug middlemen pay their own pharmacies more, FTC says

Drug middlemen paid their own mail-order pharmacies as much as 200 times more than rival pharmacies for common cancer medicines, generating at least $1 billion in excess revenue and potentially raising patient costs, the US Federal Trade Commission found in an interim study. 5:17 p.m.

The Boston Herald lays off three employees

“It’s unfortunate because it seems like both the online version and the print version have done well as of late,” a union official said. 5:10 p.m.

Powell welcomes cooling inflation but wants ‘more good data’ before rate cut

Jerome Powell, the chair of the Federal Reserve, indicated Tuesday that recent inflation data had given the central bank more confidence that price increases were returning to normal, and that continued progress along these lines would help to pave the way toward a central bank rate cut. 5:05 p.m.

RHODE MAP

Amica is the next jersey sponsor for the Celtics

The multiyear deal means the Lincoln, R.I.-based insurance giant will replace Vistaprint on the front of the Celtics’ uniforms every game of the season. 4:05 p.m.

Travel surges in New England over July 4 weekend as US air travel breaks records

Logan International saw one of its busiest days of the year on Sunday, and more than 3 million passengers were screened by US Transportation Security Administration for the first time in a single day. 3:51 p.m.

innovation beat

Older homes need smarter EV charging. Two companies are on the job.

Two companies with local roots developed devices that can ensure that multiple high-powered devices can coexist on low-capacity power panels. 10:45 a.m.

Bob’s Discount Furniture really, really wants you to know it’s not closing

The Connecticut-based retailer sent out a press release Monday pleading media outlets to stop conflating it with Bob's Stores, which is closing all its locations. 10:41 a.m.

University of Vermont local news center receives $7 million to expand student reporting nationwide

The Center for Community News raised the funding to help bolster news-academic partnerships, which give students reporting experience and provides towns with local news coverage. 9:01 a.m.

‘I don’t know the end state’: Tufts is weathering a financial turnaround. What’s next?

The hospital chain enjoys a strong clinical reputation. But quality doesn’t always pay the bills. 5:44 a.m.

chesto means business

Boston’s office-to-residential conversion program has only a handful of takers so far. Here’s why.

The Wu administration’s program to help convert underused office space into housing is making progress, but slowly. 5:40 a.m.

Island Creek Oysters launches its cannery of tinned seafood

Island Creek, an already well-known name on restaurant menus, hopes the longer shelf life of canned food helps it reach a larger market. 7:43 p.m.