Updated May 28 at 2:28pm
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The average number of Americans filing for unemployment benefits over the past four weeks dropped to a 15-year low, a sign the labor market continues to strengthen. more
CVS Health Corp., the biggest U.S. retailer of prescription drugs, agreed to acquire nursing-home pharmacy Omnicare Inc. for a total enterprise value of $12.7 billion. more
The trustees of the Roger Williams Park Zoo have unveiled a 20-year, master plan focused on $75 million in improvements to “the entire guest experience,” zoo Executive Director Jeremy Goodman said. more
Village on the Waterfront LLC will initiate its construction phases with retail paired with apartments, rather than condos. The decision was informed by market studies over the past 18 months that show a strong demand for rentals, rather than condos, in the Providence area. more
Senior associate at Union Studio Architecture & Community Design discusses the importance of the “Passive House” certification. more
Site work is expected to begin Tuesday for construction of an eight-story parking garage to support tenants at the $220 million South Street Landing project. more
The newly updated Providence zoning ordinance will be applied to the former Interstate 195 lands now being marketed for development. more
The Providence Port has received final approval to expand its port and terminal operations to an adjacent 14.5-acre property, through a long-term lease with the city. more
At its Wednesday meeting the Rhode Island Council on Postsecondary Education unanimously approved College Unbound’s proposal to turn its nonprofit higher education program for underserved adults into a degree-granting program. more
Lawyers for JPMorgan Chase & Co., Barclays PLC, and units of Citigroup Inc. and Royal Bank of Scotland Group PLC filed into a courtroom some 60 miles northeast of Manhattan to admit to a global conspiracy to manipulate currency markets. more
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