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Service industries expanded more than forecast in January as the biggest part of the U.S. economy overcame the effects of snow and freezing temperatures to boost hiring by the most in more than three years. more
CVS Caremark Corp. will stop selling tobacco products at its 7,600 retail stores nationwide by Oct. 1 this year, the pharmacy chain announced Wednesday. President and CEO Larry Merlo said the decision was “the right thing to do,” even though the company expects to lose approximately $2 billion in annual revenue after pulling tobacco products. more
Winter Storm Nika laid a wintry mix of snow and sleet across Rhode Island and southeastern Massachusetts on Wednesday, with accumulation of 3 to 6 inches in most parts of Rhode Island and close to 12 inches in the northern part of the state. (Updated, Feb. 5, 2:22 p.m.) more
The Rhode Island Business Plan Competition will offer insights on how to structure a business plan at a Feb. 13 workshop. more
Bombardier Inc., Embraer SA and Gulfstream are set to resume growth in business-jet sales as the economic turmoil that weighed on demand subsides. more
The Rhode Island Public Expenditure Council and the R.I. Commerce Corporation announced the relaunch of the database Tuesday for tracking business-related legislation introduced in the General Assembly. (Updated, 1:16 p.m.) more
The U.S. will post the narrowest budget deficit this year as a share of the economy since 2007 as stronger growth helps boost tax revenue, according to the Congressional Budget Office. more
Single-family home prices in the Providence-Warwick metro area rose 4.9 percent in December compared with the same period last year, according to the CoreLogic Home Price Index report released Tuesday. more
Sensata Technologies Holding N.V. on Tuesday reported full-year 2013 net income of $188.1 million, or $1.05 per diluted share, a 6 percent increase over the $177.5 million, or 98 cents per diluted share, reported for 2012. more
The Link is ready for the market. The Interstate-195 Redevelopment District Commission on Monday signed off on a prospectus for potential developers of Providence’s former highway land, now branded The Link, clearing the way for the properties to be marketed. more
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