Thursday, March 28, 2024

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Economic Activity

Mass. cuts spending on environment, higher ed

BOSTON — The Commonwealth of Massachusetts will make sweeping cuts to its environmental and higher-education spending as it deals with a revenue shortfall that...

CVS looks to complete Longs deal this month

WOONSOCKET and WALNUT CREEK, Calif. – CVS Caremark Corp. (NYSE: CVS), having successfully completed its tender offer for Longs Drug Stores Corp. (NYSE: LDG)...

Wash Trust shows slowdown in 3Q

WESTERLY – Washington Trust Bancorp Inc. (Nasdaq: WASH), parent of The Washington Trust Co., yesterday posted third-quarter net income of $6.04 million, a decrease...
"BANK OF FALL RIVER, like most community banks, will not require any capital infusion from the federal government," says bank President John Clifford. /

Five Questions With: John Clifford

The Bank of Fall River is a small community bank. And for the time being, John Clifford, bank president and CEO, wouldn’t have it...

Washington Trust, Mansfield Bank finance retail center

WESTERLY—The Washington Trust Co.’s commercial real estate group, in partnership with Mansfield Bank, recently provided $8 million in financing to HechtWin Mansfield LLC, a...
BRYANT PROFESSOR Saeed Rohaani says that "alarms would have been sounded long before reaching a crisis" had Standard Business Reporting seen vast use. /

Bryant professor: Reporting could have averted crisis

SMITHFIELD – The nation’s investment banking crisis may have been lessened, and perhaps even avoided, if the United States had laws requiring the widespread...

AAA: Gas prices drop 25¢ in R.I., 31¢ in Mass.

PROVIDENCE – “Gasoline prices in Rhode Island have fallen 66 cents in just the last month, and a 25-cent plunge over the last week...

RWU to showcase works of Anthony Quinn

BRISTOL – The Anthony Quinn Foundation and Roger Williams University will team up to preserve and showcase the artistic creations and collections of the...

Hasbro 3Q sales rise 6.45% to $1.3B

PAWTUCKET – Hasbro Inc. (NYSE: HAS) today posted a third-quarter profit of $138.23 million, a 14.45-percent decrease from the year-ago period’s $161.58 million, on...
THE TOTAL NUMBER of passengers boarding or departing planes at T.F. Green in September was lower than a year ago, for the fifth straight month, RIAC figures show.  /

September passenger count shrinks at T.F. Green

WARWICK – Passenger traffic at T.F. Green Airport (PVD) last month lagged year-ago levels for the fifth consecutive month, although the gap narrowed slightly...
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