Updated February 28 at 10:26am
Local News
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Rhode Island seniors and disabled persons with Medicare prescription drug plan coverage saved $9.9 million, or an average of $709 per person, on their prescription drugs in 2013 through the Affordable Care Act’s Medicare discount program, the Centers for Medicare & Medicaid Services reported last week. more
Before Charlie Enright and Mark Towill could sail through the Southern Ocean’s gales in the round-the-world Volvo Ocean Race, they needed help from a Disney movie, a Turkish medical devices company and a business plan. more
The Rhode Island Business Competition has announced the 10-member judging panel for its 2014 contest, which will award prizes valued at more than $200,000 when the winners are named in May. more
Personal incomes in Rhode Island rose 2.6 percent in 2013, while the state’s per capita income ranked as the 14th highest in the nation, according to a report released Tuesday by the U.S. Bureau of Economic Analysis. Personal income in the Ocean State totaled $49.4 billion last year, a gain of $1.3 billion compared with the 2012 total of $48.2 billion. more
The R.I. Commerce Corporation Monday approved $1.1 million in Renewable Energy Fund grants to 11 solar projects planned by businesses, housing developments and schools in the state. more
Lisa Mattiello, owner of Pranzi Catering & Events, has won top honors in the state as the 2014 Rhode Island Small Business Person of the Year. more
Royal Bank of Scotland Group PLC rose in London trading after the Wall Street Journal reported that Sumitomo Mitsui Financial Group Inc. may bid for the Edinburgh-based lender’s U.S. retail banking unit. more
Rhode Island saw exports fall 12.8 percent from a year earlier in January to $198.8 million, as continued weakness in developed economies as well as slowing in the developing world dampened demand for Ocean State shipments. more
Hasbro Inc. once again was named to The Ethisphere Institute’s list of the “World’s Most Ethical Companies,” the third year in a row that the toy maker and entertainment producer has been recognized for business practices that embody the institute’s motto, “Good. Smart. Business. Profit.” more
Gasoline prices remain unchanged this week in Rhode Island, while prices increased 1 cent in Massachusetts, according to the weekly survey by AAA Southern New England. more
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