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HealthSource RI Executive Director Christine Ferguson delivered a message to members of the R.I. House of Representatives Thursday afternoon: The state’s exchange is a national success story, even as challenges remain for her agency in implementing the Affordable Care Act. more
Attorney General Peter F. Kilmartin announced Thursday that Connecticut-based Affinion, and its subsidiaries Trilegiant and Webloyalty, will pay more than $30 million nationwide to settle allegations that they misled consumers into signing up and paying for discount clubs and memberships. more
Gasoline prices dropped in Rhode Island and Massachusetts this week but remained higher than the national average, according to the weekly survey by AAA Southern New England. more
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Co. and Textron Systems – will acquire flight-simulation and aircraft-training product companies Mechtronix Inc. and Opinicus Corp., the company announced Friday. more
Within the overarching goal of creating a better world, students from Brown University and Rhode Island School of Design have organized the sixth annual conference, A Better World By Design, focused on the theme “Pause and Effect.” more
In the last four months, Rhode Island Carbide Tool Co. in Smithfield has installed four new pieces of equipment to make cutting grinders and tools for CNC, or computer numeric control, operators. more
Alex and Ani LLC CEO Giovanni Feroce has purchased a Newport mansion for $6.8 million, the jewelry company announced Friday. more
The South Eastern Economic Development Corp. recently closed on six small-business loans to Rhode Island businesses, under the U.S. Small Business Administration’s 504 and microloan program. more
Beechcraft Corp., the U.S. planemaker that emerged from bankruptcy protection this year, is for sale again, people with knowledge of the matter said. more
Care Technology LLC, a Lincoln-based manufacturer of linear LED lighting, took first prize and a $5,000 telecommunications-technology package in the inaugural Get Started Rhode Island business plan pitch competition, held Wednesday evening at the Renaissance Providence Hotel. more
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