Economic Activity

Spring arrives, tourism blooms, say state officials

In the upcoming tourism season, Providence will have 500 more hotel rooms than last year, and Newport will have a new historic inn, a...
NOT ONLY will the new music center bring their now-scattered educational programming under one roof, Philharmonic officials say, but the added space could triple enrollment. /

Philharmonic raising $12M for school,

With a new location for all its music education programming, the Rhode Island Philharmonic is hoping to triple the enrollment at its Music School...

CVS to offer internships to 1M urban, rural youth

Aiming to encourage young people to consider careers in pharmacy, CVS Corp. said last week that it will expand an internship program for disadvantaged...

Building a bright future for the old Polish Home

It’s been a long time since the Polish National Home, at 66 Chaffee St. in the heart of Olneyville, was a vibrant social...

Lead-paint case heading to state Supreme Court

The state’s years-long legal battle with paint manufacturers over the ravages of lead paint is going to continue in the R.I. Supreme Court, just...
JOBLESS RATES (in percents) from 2000 through last month are shown for Rhode Island, in gray, and the nation, in black. /

State’s jobless rate drops<br> below U.S. average again

For the first time since 2005, Rhode Island’s unemployment rate has fallen below the U.S. average, declining by three-tenths of a percentage point to...
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CVS and Caremark vote to approve $27B merger

Shareholders of Caremark Rx Inc., the second-largest U.S. drug-benefits manager, approved the $27 billion acquisition by pharmacy chain CVS Corp. on March 16 at...

Citing controversy, Wal-Mart<br> abandons bank plan

Wal-Mart Stores Inc. has scrapped plans to open its own bank, ending a two-year controversy that roiled financial-services companies that feared direct competition from...
THE MS 150 BIKE TOUR, a Multiple Sclerosis Society fundraiser, now in its 20th year, has been drawing increasing participation from Fidelity employees and their families. /

Charitable events pay off for Fidelity

Fidelity Investments’ participation in the MS 150 Bike Tour for multiple sclerosis has grown since the company began investing in the event eight years...

Emergency cleanups require expert help

On a day like March 2, when the heavy ice and snow from previous storms are melted by pouring rain, roofs inevitably bust open,...
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