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Of Rhode Island’s estimated 413,196 households, 22,845 of them, or 5.53 percent, claim $1 million or more in investable assets, ranking the Ocean State at No. 17 nationally in the 2013 Global Wealth Monitor ranking of U.S. states by percentage of millionaire households. more
The R.I. Division of Public Utilities and Carriers has approved the sale of Deepwater Wind’s cable transmission system for the five-turbine Block Island Wind Farm to National Grid for $9.5 million, according to an order by the state agency Wednesday. more
Companies boosted payrolls in March by the most in three months, adding to evidence the job market is recovering from a blast of harsh winter weather, a private payrolls report showed. more
The Rhode Island Center for Freedom & Prosperity and the Taxpayers Protection Alliance released a new report Wednesday identifying nearly $225 million in non-essential government spending in Rhode Island that could be used instead to fund tax cuts and the repeal of the Sakonnet River Bridge tolls. more
President Barack Obama’s declaration that 7.1 million health-plan enrollments serve as a rebuke to critics of his signature law won’t diminish the opposition nor stop the scrutiny of the overhaul’s effect. more
If it is true that money makes the world go ’round, then the honorees at Providence Business News’ fourth Chief Financial Officers Awards event have helped keep the earth spinning on its axis. more
On Monday, March 31, 1,840 Rhode Islanders signed up for health insurance through HealthSource RI in advance of the 11:59 p.m. deadline for open enrollment, bringing the preliminary private-plan enrollment total to 27,968. more
Pharmacy benefits-management company Magellan Health Services Inc. said Tuesday it will pay as much as $370 million in cash and stock to acquire CDMI LLC, a clinical consulting company based in Newport. more
Financial software company Andera Inc. has been acquired by New Hampshire digital banking firm Bottomline Technologies for $44.5 million and company stock. more
Single-family home prices in the Providence-Warwick metro area rose 6 percent in February compared with the same period last year, according to the CoreLogic Home Price Index report released Tuesday. more
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