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UnitedHealthcare Employer & Individual of New England has been named the new title sponsor for the UnitedHealthcare Newport Marathon, taking over for Lincoln-based Amica Mutual Insurance Co., which held the title sponsorship position since 2009. more
Officials from Lockheed Martin, the manufacturer of the F-35 Lightning II, stopped by the R.I. Department of Administration Thursday afternoon to discuss the need for the fifth-generation fighter aircraft and how its manufacture will benefit Rhode Island’s economy. more
Chairman and CEO of RBS Citizens Financial Group Inc. Ellen Alemany will retire Oct. 1 after more than five years with the Providence-based group, according to a press release from the parent company, Royal Bank of Scotland Group PLC. more
CVS Caremark Corp.’s CVS/pharmacy division announced the official launch of “Total Home,” a home care product line that includes more than 150 different items. more
April foreclosure starts in the Providence-Fall River-New Bedford metropolitan area dropped 7.8 percent, and completed foreclosures fell 32.5 percent compared with the same period last year, according to RealtyTrac’s latest report. more
Wearable-technology-maker Kopin Corp. posted a $21.6 million profit during the first quarter of 2013, mostly due to $20.2 million in income from its divested III-V operations as well as an income tax benefit of $13 million, the company announced after close of business Wednesday. more
Lin TV Corp. saw its bottom line drop even as revenue rose 36.6 percent during the first quarter of 2013, the company reported Thursday. The decrease came about thanks to an increase in operating expenses as well as a more than doubling of depreciation and amortization expense recognized in the period. more
Royal Bank of Scotland Group Plc named Nathan Bostock as finance director to replace Bruce Van Saun, who is moving to run Citizens Financial Group Inc. as the British lender prepares to sell a stake in the U.S. division. more
A judge narrowed a $1 billion lawsuit by the U.S. against Bank of America Corp. over mortgages the bank and its Countrywide unit sold to Fannie Mae and Freddie Mac. more
Leaders of the Rhode Island Health Insurance Small Employer Taskforce are calling for greater transparency in health care provider finances following the release of national data for the top 100 most frequently billed procedures under Medicare. more
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