Updated November 25 at 6:26pm
Local News
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Premama has completed a $1 million Series A round of financing, closing with an additional $400,000 to raise $1.4 million total in capital, the company said Wednesday. more
Consumer confidence climbed for a third week to reach its highest level since mid-April as Americans held more favorable views of the economy, buying climate and personal finances. more
Industrial production surged in November by the most since May 2010 as U.S. assembly lines churned out more consumer goods and business equipment, signaling manufacturing is bolstering economic growth. more
Homelessness in Rhode Island is on the decline, falling 6.6 percent this year, and 13 percent during the period from 2012 to 2015, according to the U.S. Department of Housing and Urban Development. more
The IMF warned officials to protect their financial systems from possible instability as the U.S. Federal Reserve prepares to raise interest rates, saying shocks or policy missteps risk derailing the global economy and triggering equity market sell-offs. more
To take advantage of lower interest rates, the Rhode Island Infrastructure Bank has refinanced $47 million in Water Pollution Control bonds, realizing $6 million in savings. more
The Twin River Management Group on Tuesday night unveiled preliminary plans for a proposed casino here that would replace Newport Grand in Newport. more
Amgen Inc. and Sanofi, competitors in the market for a new class of cholesterol-fighting drugs, will both have their medications covered by Express Scripts Holding Co., a decision that ends weeks of uncertainty over whether the benefits manager would cut an exclusive deal to cover only one in exchange for big discounts. more
A ceremonial groundbreaking for the South Street Landing project will be held Monday at noon. more
Rhode Island will soon have the country’s next national park. A project that has been decades in the making, the Blackstone River Valley National Historical Park, now only needs the president’s signature. more
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