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Providence, US
Friday, May 25, 2018

Economic Activity

$5M bid to run libraries is <br> ‘disappointing,’ mayor says

PROVIDENCE – Providence Public Library has submitted a $5 million, one-year proposal for providing municipal library services to the City of Providence, library officials...

EPA issues N.E. Community Energy Challenge

BOSTON – The U.S. Environmental Protection Agency is challenging communities across New England to examine their energy use, improve energy efficiency, adopt renewable-energy options...

Portuguese consulate to stay in Providence

WASHINGTON – Portugal will keep open its consulate in Providence, Portuguese Consul Ricardo Cortes yesterday told U.S. Senators Jack Reed and Sheldon Whitehouse, state...
CVS CORP. will become CVS/Caremark if the Nashville company's approve the deal, CVS shareholders today decided. Above, pedestrians wait at a bus stop outside a CVS/pharmacy in Providence late last year. /

CVS shareholders say yes to Caremark deal

WOONSOCKET – CVS Corp. (NYSE: CVS) says its shareholders have approved the company’s $27 billion purchase of Caremark Rx Inc. (NYSE: CMX).“We are extremely...

PPL submits $5M bid to run city libraries

PROVIDENCE – Providence Public Library has submitted a $5 million, one-year proposal for providing municipal library services to the City of Providence, PPL officials...

R.I. shelters see 6th straight record year

PROVIDENCE – In the year ended June 30, the statewide emergency shelter system provided more people-nights of refuge than ever before, including record numbers...

Realtors foresee recovery despite ‘challenges’

The nation’s housing market is likely to recover from its slump this year, despite unusual weather and subprime lending issues that create “challenges”...

February producer prices outpace expectations

WASHINGTON – The Producer Price Index for Finished Goods, a measure of wholesale prices, rose 1.3 percent last month after seasonal adjustment, the U.S....

Mass. foreclosures soar in February

BOSTON – Delinquent mortgage payments continued to plague Massachusetts lenders last month, when the number of foreclosure petitions nearly doubled over year-ago levels and...
TONIGHT in Providence, TPG will host a downcity celebration of the topping-off of the new Westin tower, complete with fireworks. /

TPG buys 50th hotel, in Florida

CRANSTON – Real estate developer and hotelier The Procaccianti Group yesterday announced the acquisition of its 50th hotel, The Westin Fort Lauderdale, which it...
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