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Economy

‘When we build it, they come’

Rhode Island banks and credit unions have gone on a bit of a building spree over the last decade, despite the state’s stagnant population...

House bill would allow for benefit partnerships

PROVIDENCE – A House bill would enable municipalities to save money by allowing the formation of partnerships for managing retiree health care benefits. The bill...

City ordinance would target ‘wrongdoing’

PROVIDENCE – A new city ordinance signed by Mayor Angel Taveras targets public employees who engage in corruption, The Associated Press reported last week. The...

Mass. employment down 0.1 percentage point in February

BOSTON – The Mass. Executive Office of Labor and Workforce Development said last week that the total unemployment rate in February was 8.2 percent,...

Capella may be third bidder for Landmark

WOONSOCKET – Capella Healthcare Inc., which owns 13 acute care hospitals in seven states, has expressed interest in making a bid in the financially...
A MAJORITY OF RESPONDENTS to a survey conducted by Brown University on March 11 - 13 said they supported lowering the sales tax rate to 6 percent to attract shoppers from Massachusetts and Connecticut. /

R.I. public opinion mixed on Chafee’s tax plan

PROVIDENCE – Rhode Island voters were “ambivalent” about Gov. Lincoln D. Chafee’s proposal to add sales tax on some goods and services, according to...

Walgreen buys Drugstore.com for $429 million to add sites

ATLANTA - Walgreen Co., the largest U.S. drugstore chain followed by Woonsocket's CVS Caremark Corp., agreed to buy Drugstore.com Inc. for about $429 million...

Keller Williams Realty No. 2 franchise in U.S.

CRANSTON – Keller Williams Realty Inc. is the second-largest real estate franchise in the country as measured by the total number of sales agents,...

Mass. Realtors show signs of optimism

WALTHAM, Mass. – Bay State Realtors announced the biggest jump in optimism about the commonwealth’s real estate market in at least three years. The Massachusetts...

Peregrine to manage Tower Mills in Fall River

EAST PROVIDENCE – Peregrine Property Management announced last week an addition to the portfolio of properties it manages. The East Providence-based company said it would...
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