Updated October 24 at 7:24pm
Local News
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Santander Consumer USA Holdings Inc. is close to selling about $1 billion of unsecured consumer loans that it bought from LendingClub Corp., according to three people with knowledge of the matter. more
Confidence among U.S. homebuilders was unchanged at the start of year, indicating the residential real estate market was sustaining the steady progress made in 2015. more
A development team with national prominence has agreed to purchase two parcels of the I-195 Redevelopment District, as well as adjacent sites, and develop what is anticipated to be a 1.1-million square-foot mixed-use and bioscience center. more
Fewer Americans than forecast filed applications for unemployment benefits last week, illustrating the Federal Reserve’s view of a stronger labor market. more
A merger of Hasbro Inc. and Mattel Inc., which would unite two of the biggest toymakers, would need to win approval from antitrust officials in Washington who are increasingly saying no to deals marrying the dominant players in an industry. more
In an effort to recruit more poll workers for Election Day, R.I. Secretary of State Nellie M. Gorbea is asking businesses and nonprofits to help out. more
Online shoppers outnumbered their brick-and- mortar counterparts during U.S. retailers’ pivotal Black Friday weekend, underscoring the challenges facing American malls this holiday season as Amazon.com Inc. exerts more pressure. more
Pfizer Inc. decided not to split in two separate companies, opting against what could have been one of the biggest breakups in the drug industry’s history after four years of it called an “extensive evaluation.” more
State general revenue collections crept up modestly in fiscal 2016, boosted by increases in revenue from income and sales taxes and user fees. more
Manufacturing in the U.S. contracted in December at the fastest pace in more than six years as factories, hobbled by sluggish global growth, cut staff at the end of 2015. more
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