Updated February 28 at 12:28pm
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Medtronic PLC, the largest maker of equipment to treat spinal conditions, agreed to help promote Mazor Robotics Ltd.’s guidance system used during spinal surgeries and will take an equity stake of up to 15 percent in the company. Mazor’s stock surged. more
Rhode Island ranked second in the United Health Foundation’s spotlight report on preventative health care, earning high marks for the percentage of the population with health care coverage and a dedicated health care provider. more
The Beige Book, the Federal Reserve’s snapshot of economic data, said the outlook is “cautiously positive” in the First District, which comprises all of New England except Fairfield County in Connecticut. more
The state’s top insurance regulator has endorsed several proposed rate hikes among small-business insurers who together are seeking a 7 percent increase in premium pricing to offset high drug costs and other issues involving the Affordable Care Act, according to the Boston Business Journal. more
The opening of North Atlantic Distribution Inc.’s newest auto processing facility at the Port of Davisville was celebrated Friday by state and congressional leaders. more
(Updated 1:30 p.m.) For the fifth year in a row, toymaker Hasbro Inc. has been named one of the world’s most ethical companies. more
Swipely Inc., the fast-growing technology company, is changing its name to Upserve with the launch of its new spring products. more
Providence Business News was named the “Most Improved Publication” in the Alliance of Area Business Publishers annual editorial excellence awards program held Saturday, the culmination of the association’s annual summer conference. more
David Miree is executive vice president, consumer deposits, investments and network management at Webster Bank. The Connecticut-based bank recently expanded its retail operations into the Greater Boston area, opening more than a dozen locations throughout the area. Miree, who prior to joining Webster worked at Santander Bank, talks with Providence Business News about the expansion project and how he expects it will affect the bank’s overall growth. more
A new study released last week shows citizens of Pawtucket and Providence are much worse at managing money than those from other Rhode Island communities. more
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