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Business leaders optimistic for state’s economic future
Business, government and education leaders leaned toward optimism for the future of Providence and the state of Rhode Island at the annual Economic Outlook Breakfast hosted by Sovereign Bank and the Greater Providence Chamber of Commerce at the Omni Providence Tuesday morning. more
Initial jobless claims in U.S. rise less than forecast
Fewer Americans than forecast filed first-time claims for unemployment insurance last week, a signal the U.S. labor market is maintaining its recent progress, as applications for jobless benefits increased by 2,000 to 336,000 in the week ended March 16. more
Brown to host global social innovation conference
The Ashoka U Exchange, a global conference on social innovation and social change, will take place at Brown University in February 2014. The annual event attracts students, university leaders and entrepreneurs. more
| 3/19/13
WJAR-TV NBC 10 garners highest February viewership
According to preliminary data, WJAR-TV NBC 10 garnered the most viewers among adults ages 25 to 54 in southern New England for its collection of newscasts. more
CVS adds health screening to company plan, with incentive
CVS Caremark Corp. has instituted a policy that requires employees using the company’s health insurance plan to undergo a health screening by May 1 in order to avoid being charged an additional $50 per month for their coverage, according to the Boston Herald. more
| 3/19/13
Cape Wind secures financing for wind farm construction
Cape Wind, the company behind a planned 468-megawatt offshore wind farm in Nantucket Sound, announced today that it is one step closer to starting construction. more
| 3/19/13
Report: R.I. tuition hikes seventh largest in U.S.
(Updated, 2:49 p.m.) Rhode Island’s four-year public colleges increased their tuition fees by $2,907 per year over the last five years, the seventh-highest rate of increase in the country, the Economic Progress Institute reported Tuesday. more
Merlo, fast-growing companies to headline Chamber event
CVS Caremark Corp. President and CEO Larry Merlo has agreed to be the keynote speaker for the opening session of The Garage, the Greater Providence Chamber of Commerce’s May 14 event at the R.I. Convention Center designed to take the place of the more than two-decade old Business Expo. more
| 3/19/13
Despite Sandy FM Global posts 2012 profit, reversing 2011 loss
FM Global, one of the world’s largest business property insurers, ended 2012 with posted revenue of $5.5 billion, an 8.6 percent increase over 2011’s total. more
Negative equity increases in 2012 4Q in Providence metro area
The number of Providence-area homeowners who owe more on their mortgages than their houses are worth increased in the fourth quarter of 2012, Corelogic said Tuesday. more
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