Updated August 29 at 2:29pm
Local News
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General Treasurer Seth Magaziner will announce today the new managers of the $7 billion CollegeBoundfund. more
(Updated 12:40 p.m.) Care New England Health System and Southcoast Health System Inc. have agreed to explore a potential affiliation to create a new nonprofit parent organization overseeing both systems. more
(Updated 2:07 p.m.) Coast to Coast Fulfillment Inc. plans to open a second warehouse and distribution center in Sante Fe Springs, Calif., on Thursday. more
New-home construction in the U.S. rebounded in November, led by gains in single-family dwellings that signal the residential real estate industry will continue to support growth in the world’s largest economy. more
Nortek Inc. reported lower revenue and a loss for the third quarter that ended Sept. 26, blaming market rumors due to an unsolicited proposal to acquire the company for dragging down business. more
Summer Infant Inc., a juvenile product maker, has entered into a confidential settlement agreement with two of the six defendants it filed a lawsuit against in May for alleged theft and misappropriation of the company’s trade secrets. more
Rhode Island’s economic sentiment was worst in the nation in October, according to Thumbtack Inc., which surveyed 65 small businesses in the Ocean State to come up with its findings. more
ShapeUp Inc., a provider of wellness solutions focusing on fitness, is offering specialty programs such as stress management and sleep quality, through its new ShapeUp Select program. more
The U.S. cost of living held steady in November, underscoring scant inflation that is well below the Federal Reserve’s goal. more
Celebrating its 10th year, Newport Restaurant Week, which will be held Nov. 6-15, is featuring a new partnership this year with Rhode Island Seafood. more
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