Updated February 23 at 9:23am
Local News
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Donald Trump was sworn in as the 45th president of the United States, delivering a fiery attack on the Washington establishment in which he vowed to return power to the American public and deliver on pledges he made in his campaign. more
To ensure Wells Fargo & Co.’s scandal over unauthorized customer accounts isn’t being repeated at other lenders, regulators are poised to start reviewing data and talking to employees inside the biggest U.S. banks, according to a person familiar with the matter. more
Walgreens Boots Alliance Inc. and Rite Aid Corp.’s giant drugstore merger got smaller Monday after the companies, facing roadblocks from antitrust regulators, cut the value of the deal by at least $2 billion and said they may divest more stores to gain approval. more
Four development companies have submitted qualifications for construction of the new Providence Intermodal Transit Center, a transit hub designed to merge bus and train service, automobile parking and new construction near Providence Station. more
U.S. regulators have asked their internal watchdogs to examine how assessments of banks’ plans for winding down during a potential bankruptcy ended up in a news article. more
A pair of better than expected non-farm payrolls reports affirms that the U.S. economy doesn't have a new problem, that is, a rapid slowdown in job growth — just the same old one: sluggish productivity. more
Providence College on Wednesday announced the receipt of a $1 million gift from the estate of Leo Caiafa Jr. to help renovate and expand the school’s science complex, the first major gift made toward the multi-year project, and create the Lucille and Leo Caiafa Jr. Center for Psychological Sciences. more
U.S. stocks tumbled, joining a worldwide selloff with the Dow Jones Industrial Average dropping more than 350 points, as the U.K.’s decision to leave the European Union fanned speculation that a divided Europe would put another brake on already fragile global growth. more
Orders for U.S. business equipment unexpectedly declined in May by the most in three months, pointing to weakness in investment even before the likely damage to confidence stemming from U.K. voters’ decision to leave the European Union. more
Children’s toy company Hasbro Inc. was named the No. 1 community-minded company in the consumer discretionary industry in the Civic 50 report released Tuesday by Points of Light. more
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