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According to a new study by the Rhode Island Center for Freedom & Prosperity, a state sales tax of 3 percent would provide the best value in terms of new jobs and state budget impact, compared with cutting the sales tax altogether. more
The National Institutes of Health has awarded a University of Rhode Island pharmacy professor a $1.65 million grant to study a new treatment for alcoholism. more
Gov. Lincoln D. Chafee is scheduled to go underground in a small cage elevator Tuesday to get a close-up view of progress on the Narragansett Bay Commission’s $1 billion Combined Sewer Overflow Project. more
Single-family home prices in the Providence-Warwick metro area rose 7.1 percent in October compared with the same period last year, according to the CoreLogic Home Price Index report released Tuesday. more
Cyber Monday sales surged, sending online shopping toward a single-day record as Amazon.com Inc. and EBay Inc. siphoned consumers from brick-and-mortar stores. more
EpiVax Inc., a biotech firm in Providence’s Knowledge District, has announced a collaborative research partnership with German biomedical company Biotest AG to develop a coagulatory protein for the treatment of hemophilia. more
Consumer spending on Small Business Saturday had cash registers ringing across the United States - up to a total of $5.7 billion, a 3.6 percent increase over the $5.5 billion in 2012. more
A new study by the Mercatus Center at George Mason University shows that Rhode Island claims the lowest share nationwide of public-sector and federal contract jobs as a percentage of all nonfarm payroll jobs, with 14.3 percent of all jobs in the state falling in the public sector. more
CVS Caremark Corp., the largest provider of prescription drugs in the U.S., is planning to raise $4 billion in a four-part bond sale to help fund its $2.1 billion takeover of infusion services provider Coram LLC. more
New England Construction has opened a regional office at 20 Burlington Mall Road in Burlington, Mass., the Rhode Island-based company announced Monday. more
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