Updated July 29 at 1:29pm
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PROVIDENCE – Thanks largely to general revenue exceeding estimates and state agencies spending under budget in fiscal 2015, Rhode Island has a surplus for the year that is $47.8 million larger than anticipated, bringing the total surplus for the … more
Fourteen months earlier than anticipated, Citizens Financial Group Inc. last week gained its independence from former parent Royal Bank of Scotland Group PLC. more
In a marketplace where big insurers like Geico connect directly with consumers, The Egis Group has gained a foothold as an independent property and casualty insurance agency linking insurers and consumers. Built largely on word-of-mouth … more
Before he opened Cloud City Drones in Warwick, Christopher Williams toyed with the idea of calling it by another name, anything other than "drone." The problem, he explained, is the word "drone" conjures up frightening associations. "It has … more
1 What in your professional background has best prepared you for the new role? During my years as a private-equity real estate portfolio manager my fund was, by design, overweighted to properties in urban neighborhoods. … The investment … more
Kevin Tracy is senior vice president and market executive at Bank of America Merrill Lynch. He recently hosted a breakfast presentation at Quonset Development Corp. to talk with business owners about how they can grow through the import and export business, touching on subjects including tax implications, financing trade and how to leverage the supply chain in Rhode Island. more
CVS Health Corp. is laying off approximately 150 employees next month, including 70 at its headquarters here, as part of an operational review, according to a company spokesman. more
Gasoline prices fell another 8 cents from last week in Rhode Island and Massachusetts, AAA Northeast said Monday. more
If U.S. stocks extend their losses, traders will get a moment to catch their breath. more
(Updated 2:22 p.m. and 2:41 p.m.) The Standard & Poor’s 500 Index resumed its decline in afternoon trading as the rout in all but the riskiest of global assets worsened. more
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