Brett A. Shumate - Providence Business News

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Chinese company, U.S. payment firm agree to pay $600M to settle...

Economic Activity 07/01/2026

PROVIDENCE – A Chinese company and its U.S.-based payment processor have agreed to pay $600 million to resolve allegations that they failed to prevent illegal sales of pharmaceuticals, The U.S. Department of...

DOJ sues Rhode Island over college tuition benefits for noncitizens

Economic Activity 07/01/2026

The U.S. Department of Justice on June 29 added Rhode Island and Massachusetts to the list of states it is suing over higher education...

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L3HARRIS TECHNOLOGIES INC. executives lead Sen. Sheldon Whitehouse, D-R.I., right, and Sen. Jack Reed, D-R.I., center, through its new 50,000-square-foot production facility at ProvPort. The new site will support the integration and testing of undersea training ranges for U.S. and partner-nation fleets, the company said. / COURTESY L3HARRIS TECHNOLOGIES INC.

Fla. defense contractor opens $6M production facility at ProvPort

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