Government

R.I. hospitals better capitalized than N.E. peers

PROVIDENCE – Rhode Island’s hospitals would cost $3.4 billion to replace in 2005 dollars, the R.I. Department of Health said in a report released...

Construction spending rises 0.3% in Feb.

WASHINGTON – Construction spending last month rose 0.3 percent to a seasonally adjusted rate of $1.171 trillion per year from January’s rate of $1.168...

Library takeover might save city 24%, PPL says

PROVIDENCE – The Providence Public Library board of trustees yesterday discussed multiple options for the city library system, including possible taxpayer benefits of making...

Consumer spending surges 0.6% in February

WASHINGTON – Personal consumption expenditures (PCE) increased 0.6 percent to $55.5 billion, the U.S. Department of Commerce’s Bureau of Economic Analysis reported today, exceeding...

Workforce Board announces $1.3M in grants

PROVIDENCE – More than 4,000 workers across the state will benefit from the 69 grants, totaling about $1.3 million, announced this week by the...
'NORTH TO SOUTH, east to west, we are safeguarding our state for future generations to explore," Gov. Donald L. Carcieri said in announcing the grants, which will help protect 1,587 acres in 17 sites across the state. /

R.I. announces $5.39M <br>in open-space grants

PROVIDENCE – Gov. Donald L. Carcieri and W. Michael Sullivan, director of the R.I. Department of Environmental Management, yesterday joined in announcing about $5.39...

Carcieri signs bill encouraging donations<br> by part-time R.I. residents

PROVIDENCE – Gov. Donald L. Carieri today signed into law a measure that encourages part-time residents to give to Ocean State charities.Under the new...

U.S. economy grows at 2.5% rate in 4Q

WASHINGTON – The nation’s real gross domestic product rose at an annual rate of 2.5 percent in the fourth quarter, outpacing the previous quarter’s...

Bernanke still focused on inflation

WASHINGTON – “Our policy is still oriented towards control of inflation, which we consider … at this time to be the greater risk,” Federal...

FCC approves $12.3B sale of Univision group

LOS ANGELES – Univision Communications Inc. (NYSE: UVN) yesterday said the Federal Communications Commission has approved its $12.3 billion acquisition by Broadcasting Media Partners...
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