Updated March 29 at 12:29am
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The board of directors for the R.I. Commerce Corporation is set to talk at 4 p.m. Wednesday about “the investment of public fund in relation” to The Corporate Marketplace Inc., which was the recipient of a $4 million loan guaranty under the same program that made guarantys to 38 Studios LLC. more
(Updated, 4:45 p.m.) CVS Caremark Corp. halted sales of tobacco products almost a month ahead of schedule, started a smoking-cessation campaign, and changed its name to position itself as an advocate of better health. more
Treasuries rose, pushing 30-year bond yields down for a second day, as plunging oil prices added to investor expectations that inflation will remain subdued while the U.S. economy strengthens. more
Banco Santander SA said third-quarter profit rose 52 percent, beating estimates, as charges for bad loans dropped in Spain and earnings climbed in the U.K. and Brazil. more
U.S. stocks rose, with the Standard & Poor’s 500 Index touching a record, as reports of a cease-fire in Ukraine boosted global equities and data showed orders at American factories rose the most on record in July. more
Chrysler Group LLC reported its best August for U.S. vehicle deliveries in 12 years, while Ford Motor Co., Toyota Motor Corp. and Nissan Motor Co. also posted results that surpassed analysts’ projections. more
The U.S. construction market will grow significantly over the next 18 months, with spending increasing 7 percent in 2015, Gilbane Building Co. estimates in a report issued Wednesday. more
New England retained its status as the census division with the third-lowest unemployment rate in the nation in July, at 5.8 percent, according to seasonally adjusted figures released by the U.S. Bureau of Labor Statistics Wednesday. more
Junior Achievement USA is partnering with The Hartford to offer revised, digitized programming next spring that gives Rhode Island teens contemporary entrepreneurial experience. more
For the third consecutive grant cycle, Rhode Island has received an award from the U.S. Small Business Administration’s State Trade and Export Promotion Program to support efforts to export by small businesses in the Ocean State. more
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