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The sale of Westerly Hospital for $69 million to Lawrence + Memorial Hospital of New London, Conn., was approved today by state regulators, the first such hospital sale approved under the expedited review process of the revised Hospital Conversions Act. more
Trinity Repertory Co. has added actor John Krasinski to its list of 2013 Pell Award recipients, Trinity officials announced Wednesday. more
At a board meeting at 8:30 Wednesday morning, the R.I. Turnpike and Bridge Authority voted unanimously to charge tolls on the new Sakonnet River Bridge and approved increased tolls on the Pell Bridge. more
Two Rhode Island hotels – The Attwater in Newport and Westerly’s Weekapaug Inn – earned spots on Conde Nast Traveler’s 17th annual May Hot List, which touts itself as “the ultimate insider’s guide to the hottest new hotels and spas of the year.” more
(Updated, 3:15 p.m.)Contrary to reports from the Associated Press and The Boston Globe, officials from both the Boston Police Department and the Federal Bureau of Investigation have said that there is currently no suspect in custody for the Boston Marathon bombings. more
The Rhode Island Boat Show is expanding to five venues for its third year, its organizers announced Wednesday, in a move to increase its showcasing of the Ocean State as a recreational boating destination that also houses a varied group of boating businesses, facilities and products. more
Iconic toy- and game-maker Hasbro Inc. has formed a collaboration with World Trade Jewelers to create and distribute jewelry designs replicating some of Hasbro’s products. more
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems – posted net income of $119 million, or 41 cents per diluted share, during the first quarter, a very slight increase from the $118 million, or 40 cents per diluted share, it posted during the first quarter of 2012. more
(Updated, 10:15 a.m.) Bank of America Corp. reported first-quarter profit that missed analysts’ estimates as lower mortgage banking income and higher legal costs slowed the firm’s turnaround. The shares dropped 3 percent in early trading. more
Federal Reserve Bank of Boston President Eric Rosengren said the central bank should act to bring down “stubbornly, and unacceptably, high” joblessness that’s been stuck near 9 percent or above since April 2009. more
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