Updated March 4 at 3:04pm
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Bank of America Corp. cut CEO Brian T. Moynihan’s pay 7.1 percent for last year to $13 million after profit dropped by more than half. more
Wholesale prices in the U.S. fell more than forecast in January, led by plunging energy costs and signaling inflation remains tame even as the economy is expanding. more
Sometimes a teddy bear just won’t cut it. In an era of iPhones, PlayStations and touchscreen tablets, toymakers are pulling out all the stops to hold the attention of today’s little humans. more
CVS Health Corp., the second-biggest manager of prescription drug benefits in the U.S., will make a new class of injectable cholesterol treatments its next major target to push back against high drug costs. more
Leisure travelers comprised roughly 43 percent of the Providence-Warwick area’s tourism business over the past five years, according to a first-time study commissioned by the Providence-Warwick Convention & Visitors Bureau and the city of Warwick. more
The state Department of Transportation will be the latest state agency with new leadership. Peter Alviti Jr. will be nominated as the new department director, Gov. Gina M. Raimondo announced Tuesday. more
Total general revenue for Rhode Island through the first seven months of fiscal 2015 was $1.82 billion, a 2.5 percent increase on the budgeted revenue, according to the state’s monthly revenue assessment report for January. more
Tsoi/Kobus & Associates will design the academic offices and nursing education facilities in the $220 million South Street Landing project, the architecture company announced Tuesday. more
The R.I. Public Transit Authority has special buses in service Tuesday to assist commuters affected by the Massachusetts Bay Transportation Authority’s decision to suspend commuter rail service south of Providence. more
(Updated 2:39 p.m.) Benrus, the watch company and military-inspired lifestyle brand led by former Alex and Ani CEO Giovanni Feroce, is opening its first retail store on Thursday in the Culver Road Armory. more
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