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R.I. leases warehouse for medical supplies, equipment

CRANSTON – The state of Rhode Island has approved a lease for 73,770 square feet of warehouse space at a vacant but well-maintained warehouse...
BANK OF AMERICA posted a $4 billion profit in the first quarter of 2020, reflecting a sharp increase in funds set aside for bad loans. AP FILE PHOTO/STEVEN SENNE

BofA posts $4B Q1 profit, builds funds anticipating bad loans

PROVIDENCE - Bank of America Corp. reported a 45% drop in first-quarter earnings driven by a new $3.6 billion reserve build for bad loans...
CASES OF COVID-19 in the state reached 3,529 as of Wednesday. / COURTESY CAPITOL TV

COVID-19 cases in R.I. total 3,529; seven more deaths

PROVIDENCE – Cases of COVID-19 in Rhode Island totaled 3,529 as of Wednesday afternoon, an increase of 278 cases from the day before, Gov....
DEATHS DUE to COVID-19 in Massachusetts are expected to pass 1,000 Wednesday. / AP FILE PHOTO/ELISE AMENDOLA

Mass. nears 1,000 virus deaths, will get more equipment

BOSTON (AP) – Massachusetts is approaching a grim coronavirus milestone, with the state likely to surpass 1,000 coronavirus-related deaths Wednesday. State public health officials reported...
THE FEDERAL RESERVE reported Wednesday that manufacturing output dropped 6.3% in March. / AP FILE PHOTO/TED S. WARREN

Factory shutdowns near WWII demobilization levels in U.S.

WASHINGTON (AP) – American industry collapsed in March as the pandemic wreaked havoc on the United States economy. Manufacturing and overall industrial production posted...

Five Questions With: Meghan Grady

Meghan Grady is the executive director for Meals on Wheels of Rhode Island. Grady spoke with Providence Business News about the increased demand for...

Brown contributes lab supplies, protective equipment to medical providers

PROVIDENCE – Brown University is donating more than 4,000 N95 masks, as well as an array of gloves, gowns, face shields and additional items...

CCRI donates medical supplies to support local health care personnel

WARWICK – The Community College of Rhode Island recently donated several thousand pieces of medical equipment to the R.I. Department of Health to help...

Trinity Rep to offer digital content, online classes

PROVIDENCE – Trinity Repertory Company is awarding free digital content and online classes for the public in the midst of the COVID-19 pandemic. The theater...
HOPING FOR A TURNAROUND: With some suppliers and customers having gone out of business recently, CEO Cheryl Merchant says sales are down at Hope Global, which employs more than 300 in Cumberland. /

Hope Global shuts plant after workers fall ill with COVID-19

CUMBERLAND — Manufacturer Hope Global has temporarily shut down its operations here after several workers fell ill and were later found to have had...
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