Updated October 27 at 4:24pm
Local News
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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
Consumer purchases moderated last month after the biggest advance since August 2009 as American households realigned outlays with slower income growth. more
Jeffrey R. Diehl, a managing partner of a financial consulting firm, has been named the new executive director of the Rhode Island Infrastructure Bank, the state announced Friday. more
The U.S. consumer and Chinese industrial sector have been two powerhouses of global growth in the new millennium. more
Webster Financial Corp. finished 2015 reporting record net income for both the fourth quarter and the year with $52.6 million, or 55 cents per diluted share, and $206.3 million, or $2.15 per diluted share, respectively. more
Dr. Alan Morrison, a cardiologist at the Providence VA Medical Center, was recently awarded $50,000 through Ocean State Research Institute for a one-year pilot project studying aortic heart valves’ thickening and hardening. more
Call it the Great Grocery-Store Giveaway of 2016. more
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