Updated March 28 at 6:24am
Local News
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Yahoo! Inc. agreed to sell its main web businesses to Verizon Communications Inc. for $4.8 billion, ending a two-decade run as an independent company that took it from a Stanford University startup at the dawn of the internet age to also-ran behind nimbler online rivals such as Google and Facebook Inc. more
Yankee Magazine has released its 2016 Editor’s Choice Awards singling out the best places to dine in Rhode Island, and they range from all-you-can-eat fare at Wright’s Farm to the upscale Simpatico in Jamestown. more
The Trump administration is attempting to crack down on so-called sanctuary cities, announcing on Monday that local governments will have to certify they aren’t impeding communication between their police and federal immigration authorities in order to continue receiving Justice Department grants. more
Rhode Island is being granted $17.8 million in federal funding to help Providence and Cranston hire and train new firefighters, the state’s congressional delegation announced Wednesday. more
Jobless rates fell in 333 of the 387 metropolitan areas nationwide over the year in May, including in the Providence-Warwick-Fall River metropolitan area, the federal Bureau of Labor Statistics reported this week. more
With the U.S. Supreme Court’s rejection of the latest challenge to Obamacare, the president’s five-year-old health care law may have attained something it has previously lacked: permanence. more
HealthSource RI on May 2 will reopen its walk-in center and expand its hours of operation at its contact center. more
(Updated 3:17 p.m.) CVS Pharmacy Inc. will pay $3.5 million to settle allegations that 50 of its Massachusetts stores violated the Controlled Substances Act by filling forged prescriptions for addictive painkillers and other controlled substances more than 500 times between 2011 and 2014. more
(Updated, 5:35 p.m. and 6 p.m.) Morgan Stanley was alone among the largest U.S. banks in stumbling through the Federal Reserve’s annual stress tests, getting conditional approval to make payouts to shareholders. Thirty other firms passed, while two subsidiaries failed, including Santander Bank. more
(Updated 3:24 p.m.) The Women’s Center of Rhode Island on Friday will dissolve as an organization, and its programs and services will merge into Crossroads Rhode Island where they will be known as the Domestic Violence Program of Crossroads Rhode Island. more
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