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Paolino Properties has acquired the former Cherry & Webb department store building at 275 Westminster St. downtown, the Providence real estate firm announced Thursday. more
Fewer Americans than projected filed applications for unemployment benefits last week, an indication companies are holding on to staff even as cold weather threatens to slow the world’s largest economy. more
Cheryl Merchant, president and CEO of textiles manufacturer Hope Global, will receive the 2014 New England Businesswoman of the Year award at Bryant University’s annual Women’s Summit on March 14. The award recognizes excellence in a female founder, president or CEO of a New England-based multimillion-dollar business. more
MinuteClinic, the retail clinic division of CVS Caremark Corp., has announced that it will partner with Radnor, Pa.-based Main Line Health to supply health care services at MinuteClinic locations inside select CVS/pharmacy stores in southeastern Pennsylvania. more
J.D. Power has ranked Amica Mutual Insurance Co. highest in overall customer satisfaction with regard to homeowners insurance claims. more
Companies added fewer workers than projected in February, a sign that U.S. employers were waiting for a pickup in demand before boosting headcount, a private report based on payrolls showed today. more
City planners Tuesday night unveiled a first-draft rewrite of the Providence zoning code intended to modernize and clarify local land-use rules while encouraging some new urban development. more
FM Global on Tuesday reported full-year 2013 net income of $1.02 billion, a 31.9 percent increase over the $774.4 million reported in 2012. Although the commercial property insurer saw its net revenue drop 1.1 percent last year to $4.02 billion from $4.06 billion a year earlier, gross premiums earned increased 5 percent to $5.6 billion. more
The Pentagon’s proposed $495.6 billion budget for the coming fiscal year would provide $154 billion for weapons purchases and research, $25 billion less than projected a year ago, according to the Defense Department. more
As the March 31 deadline to apply to the 2014 Rhode Island Business Plan Competition approaches, the organizers announced Tuesday that they will award prizes valued at more than $200,000 – including up to $50,000 in cash to the top competitor – when the winners are named in May. more
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