1. Citizens is closing 15 branches in six states, one in R.I. POSTED ONLINE: OCT. 25 A standalone Citizens Bank branch at 275 Newport Ave. in East Providence is among the 15 branches Citizens Financial Group Inc. is closing in six states, according to filings with the U.S. Office of Comptroller of the Currency, a bank regulator. Citizens has been shrinking its branch footprint in Rhode Island for years as it has bolstered its digital and online services.
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COURTESY RESIDENTIAL PROPERTIES LTD.[/caption]
2. East Greenwich home, adjacent land sell for town-record $3.5M POSTED ONLINE: SEPT. 30 A 9,000-square-foot contemporary home and adjacent land in East Greenwich acquired by Tasca Automotive Group owner Carl Tasca Jr. and his wife, Tania, for $3.5 million was the highest residential sale in the town’s history. The home at 72 Great Road was bought for $3 million. In a separate transaction, Tasca Family Holdings acquired vacant land near the home at 71 Great Road from Darrow Family Holdings for $500,000.
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PBN FILE PHOTO/ELIZABETH GRAHAM[/caption]
3. What’s happening with Parcel 35 and a new bus hub in Providence? POSTED ONLINE: OCT. 18 Nearly eight months after the I-195 Redevelopment District Commission agreed to hold off trying to sell Parcel 35 in Providence so the R.I. Public Transit Authority could determine if it wanted the 2-acre parcel for a transit hub, the status of the land and hub remains uncertain, and transit advocates are getting frustrated with the lack of communication.
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AP FILE PHOTO/CAROLYN KASTER[/caption]
4. CVS to lay off 2,900 workers companywide in new round of job cuts POSTED ONLINE: SEPT. 30 CVS Health Corp. told its employees that it will lay off thousands of employees as part of efforts to cut costs. Subsequently, the pharmacy conglomerate is laying off 632 remote and in-person employees at its company headquarters in Woonsocket. Most of the affected positions are corporate roles, and the layoffs will not affect front-line workers in stores, pharmacies and distribution centers.
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COURTESY RHODE ISLAND COLLEGE[/caption]
5. RIC pays $180K severance to former DEI vice president POSTED ONLINE: OCT. 4 As part of a severance agreement from mid-May, Rhode Island College agreed to pay Anna Cano Morales, RIC’s former vice president of external relations and diversity, equity and inclusion, $180,000, the equivalent of one year’s salary. Morales was also to receive a $2,200-per-month health care stipend for a period of seven months.
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6. The collapse of primary care in Rhode Island and how we can fix it POSTED ONLINE: OCT. 25
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7. Cotta resigns as Tiverton town administrator POSTED ONLINE: OCT. 16
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8. Group of buyers with R.I. ties enters deal to purchase Atlantic Mills POSTED ONLINE: OCT. 4
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9. Mass.-based biotech firm looks to expand to former Rubius facility in Smithfield POSTED ONLINE: OCT. 30
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10. RIPTA is considering putting bus hub near Providence train station, again POSTED ONLINE: OCT. 28
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