Updated May 28 at 5:25pm
Local News
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(Updated 12:40 p.m.) Care New England Health System and Southcoast Health System Inc. have agreed to explore a potential affiliation to create a new nonprofit parent organization overseeing both systems. more
The city’s lodging industry is the strongest it has been in the last few years, Jan D. Freitag of STR told invited industry representatives and students at Johnson & Wales University Tuesday. more
(Updated 2:04 p.m.) The Federal Reserve Bank of Boston and Gov. Gina M. Raimondo on Tuesday announced a new economic growth initiative aimed at incentivizing municipalities to work collaboratively across sectors in order to address issues affecting low-income residents. more
The Odeum Corp. this month received $620,000 in grant support, which will go toward long-awaited improvements to the venue’s historic façade. more
A day after Gov. Gina M. Raimondo signed legislation authorizing the RhodeWorks bridge and overpass repair program, the state Department of Transportation late Friday afternoon posted four advertisements seeking private companies or consultants to help carry out the work. more
There were 34 applicants, but 11 companies will receive state innovation vouchers allowing them to partner with a local university, research center or medical center for research and development assistance with a specific project. more
More than 200 small-business owners and advocates met with Rhode Island lawmakers on Friday to discuss policy measures they hope will garner support in this year’s legislative session. more
(Updated 4:35 p.m.) Cornerstone Group in Warwick and Gencorp Insurance Group in East Greenwich have consolidated with The Hilb Group LLC, an insurance brokerage firm in Richmond, Va. more
Two Rhode Island independent financial advisers are among the top 100 in the nation, according to a yearly ranking put out by Barron’s. more
Sensata Technologies Holding N.V. reported a 26 percent increase in revenue, but a 35.2 percent decline in profit for the 2015 third quarter. more
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