Friday, December 5, 2025

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Providence City Council advances Mile of History project amid fierce debate

PROVIDENCE – The City Council granted first passage Thursday to an ordinance that would fund major upgrades along Benefit Street as part of the...
CVS HEALTH Corp. has agreed to pay $37.76 million to settle claims it improperly overdispensed and overbilled federal health care programs for insulin pens between 2010 and 2020, according to a report by Reuters. / COURTESY CVS HEALTH

Report: CVS settles insulin pen lawsuit for nearly $38M

PROVIDENCE – CVS Health Corp. has agreed to pay $37.76 million to settle claims it improperly overdispensed and overbilled federal health care programs for...

Fed’s preferred inflation gauge stayed elevated in September as spending weakened

WASHINGTON (AP) – The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate...

SEC filing of the week: Pangaea adds board member in agreement...

NEWPORT – Pangaea Logistics Solutions Ltd. has appointed Paul M. Leand Jr. as Class III director on its board of directors.  In its filing with...
R.I. GENERAL Treasurer James A. Diossa on Tuesday launched RI AnchorHome, a pilot affordable homeownership program. / AP FILE PHOTO/DAVID ZALUBOWSKI

R.I. launches homebuyer program with backing of state deposits

PROVIDENCE – A new pilot homeownership program launched Thursday aims to expand access to affordable mortgage options for first-time buyers in Rhode Island with...
THE ATTENDEES of Providence Business News' 2025 Diversity, Equity and Inclusion Awards Program and Summit on Thursday morning listen to a panel discussion on navigating DEI in a shifting legal landscape. The panel includes, from left, Monika P. Zuluago, CEO and president of the Northern Rhode Island Chamber of Commerce; Tracey G. Wiley, executive director of diversity, equity and inclusion at Bally's Corp.; Shameem Awan, senior assistant vice president of Amica Mutual Insurance; and moderator Kevin Matta, senior director of people and culture at United Way of Rhode Island. / PBN PHOTO/MIKE SKORSKI

PBN Summit: Right now, courage required to sustain DEI

WARWICK – Advocating for diversity, equity and inclusion is being viewed as an increasingly risky proposition in today's political climate, causing many businesses and...

Average U.S. long-term mortgage rate falls to 6.19%, near its low...

The average rate on a 30-year U.S. mortgage fell again this week, slipping close to its low point so far this year. The decline brings...

Prime withdraws bid for Roger Williams, Fatima hospitals

PROVIDENCE – The Prime HealthCare Foundation, which last month publicly emerged as an 11th-hour potential buyer for Roger Williams Medical Center and Our Lady...

Judge blocks Planned Parenthood ‘defund’ provision for 22 states, including R.I.

A federal judge has once again blocked a controversial provision barring federal Medicaid funding for Planned Parenthood and other nonprofit reproductive health providers. But...

Job openings listed for Hasbro’s temporary Boston office

PAWTUCKET – Hasbro Inc. appears to be accelerating its move to the Boston Seaport. As of Wednesday, 16 of the company’s 170 current job listings...
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