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Approximately 94.5 million Americans will travel from home during the year-end holiday season, an increase of 0.6 percent compared with last year, AAA Southern New England reported Tuesday. more
The U.S. Senate cleared and sent to President Barack Obama the first bipartisan budget produced by a divided Congress in 27 years, resolving for now spending issues that had helped spur a government shutdown in October. more
Beginning Jan. 1, Rhode Islanders who buy their electricity through National Grid will see their monthly electricity bills increase, the utility said Friday. more
Construction employment in Rhode Island rose 2.6 percent in November compared with the same period last year, adding 400 jobs for a total of 15,700 jobs, the Associated General Contractors of America reported Friday. more
Bank of America Corp., the second-biggest U.S. lender, said fourth-quarter profit more than quadrupled as the company quelled claims tied to defective mortgages. The results beat Wall Street estimates, and the stock rose 2.6 percent in New York. more
Small businesses nationwide reported improved optimism as 2013 drew to a close, and reports of capital spending increased significantly, but the index measuring business owners’ sentiment in December still fell below previous mid-year readings and trailed the pre-2008 recession average by six points, the National Federation of Independent Businesses said Tuesday. more
Attorney General Peter F. Kilmartin announced Tuesday that Rhode Island has joined a multistate investigation into the Target Corp. data breach that occurred last month. more
Despite rising office vacancies in downtown Providence over the past year, CB Richard Ellis-New England executives described a healthy overall Rhode Island commercial real estate market in the firm’s annual market outlook Tuesday. more
The capital city of Rhode Island – also known as the Renaissance City or the Creative Capital – has recently appeared among the top ranked U.S. cities in a number of lifestyle-oriented studies. more
Alexion Pharmaceuticals Inc. has made a $25 million preferred equity investment in Moderna Therapeutics and will also provide $100 million up front as part of a long-term agreement to develop treatments for rare diseases with Moderna’s messenger RNA Therapeutics platform, the two companies announced Monday. more
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