Updated July 27 at 5:27pm
Local News
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Carousel Industries of North America Inc. plans to acquire Atrion Inc., a move expected to create what one of the CEOs said will be the largest information technology company in the state and one of the largest in the country. more
(Updated, 9:20 p.m.) IlluminOss Medical has appointed Manny Avila as its new president and CEO. The developer of a minimally invasive system to repair bone fractures has been looking for a chief executive since former president and CEO Dirk Kuyper left in September 2014. more
(Updated 4:05 p.m.) Two key members of Gov. Gina M. Raimondo’s team are leaving to pursue new opportunities. Chief of Staff Stephen S. Neuman is leaving his position Friday to join Hillary Clinton’s presidential campaign. Communications Director Joy Fox will leave in early July to work with former U.S. Treasury Secretary Robert E. Rubin as his senior adviser. more
Southcoast Health and Brown University’s Warren Alpert Medical School have announced a collaboration in which Brown medical students have begun participating in clinical rotations at Southcoast Health. more
(Updated 4:40 p.m. and 8:42 a.m.) The Lifespan nonprofit health system in fiscal 2015 reported an increase in operating revenue and operating expenses compared with the prior year, but a loss when it had previously posted a profit. Similarly, Care New England saw its 2014 gain turn into a loss in 2015. more
Despite a drop in fourth-quarter net income, Washington Trust Bancorp Inc. reported record-breaking 2015 profit totaling $43.5 million, or $2.54 per diluted share, which is a 6.5 percent increase compared with 2014’s results. more
The dedication of a 300-foot-long and 72-foot-wide barge – the Sandy C – will be held Monday during a christening ceremony at ProvPort. more
ShapeUp, a provider of corporate well-being solutions, said 2015 was record-setting for the company as it welcomed 260 new customers to its client base, growing it to more than 800 employers worldwide. more
More babies are being born with exposure to opioids in Rhode Island, the annual KIDS COUNT Factbook has found. more
David V. Devault, vice chair, secretary and chief financial officer of Washington Trust Bancorp, is the business leadership award winner in Providence Business News’ 15th annual competition. more
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