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EARLY START: The Special Legislative Commission to Study Housing Affordability holds a hearing at the Statehouse in December, weeks ahead of the the 2026 legislative session. Testifying before the commission are Randy R. Rossi, left, Rhode Island League of Cities and Towns executive director, and Ashley Sweet, immediate past president of the Rhode Island Chapter of the American Planning ­Association.
PBN PHOTO/MICHAEL SALERNO

MINDING THE GAP: Deficit projection narrows, but fiscal risk factors...

State budget officials are projecting that the government will enter the new year facing a fiscal 2027 budget deficit of $101 million. For Rhode Island...
CVS HEALTH CORP. has upgraded its projected earnings in 2026 could be as high as $7.20 per share compared with the $7.17 average per share predicted by Wall Street analysts. / COURTESY CVS HEALTH CORP.

CVS forecasts 2026 profit higher than Wall Street estimates

WOONSOCKET – CVS Health Corp. on Tuesday raised its projected earnings above Wall Street expectations for 2026.  In its filing with the U.S. Securities and...
CVS HEALTH Corp. has agreed to pay $37.76 million to settle claims it improperly overdispensed and overbilled federal health care programs for insulin pens between 2010 and 2020, according to a report by Reuters. / COURTESY CVS HEALTH

Report: CVS settles insulin pen lawsuit for nearly $38M

PROVIDENCE – CVS Health Corp. has agreed to pay $37.76 million to settle claims it improperly overdispensed and overbilled federal health care programs for...

Republican Guckian launches bid for governor

PROVIDENCE – Another Republican candidate has officially entered the 2026 gubernatorial race.  Aaron C. Guckian, 49, of East Greenwich, kicked off his campaign for governor of Rhode Island...
CVS HEALTH CORP. CEO and President David Joyner has been named chairman of the company’s board of directors. / AP FILE PHOTO/CAROLYN KASTER

SEC filing of the week: CVS names Joyner board chairman

WOONSOCKET – CVS Health Corp. CEO and President David Joyner has been named chairman of the company’s board of directors.  In its filing with U.S. Securities and Exchange Commission on Nov. 21, Joyner will...

CVS pharmacist guild alleges union-busting activities, unsafe practices

SOUTH KINGSTOWN – Unionized CVS Health Corp. pharmacists have joined a nationwide action demanding adjustments to staffing levels, workload and prescription review times that they say will enhance patient...

CVS Health tops Q3 forecasts but absorbs hefty charge for struggling...

CVS Health Corp. rode double-digit sales growth from drugstores and its pharmacy benefits management business to a better-than-expected third quarter. The health care giant also...

CVS polishes off deal to buy former Rite Aid stores, prescription...

CVS Health Corp. has finished buying customer prescription files from hundreds of closed Rite Aid drugstores and is now running 63 of the defunct chain’s...

BankFive executive wins Rhode Island Bankers Association Women & Allies award 

FALL RIVER – BankFive Senior Vice President and Chief Human Resources Officer Christina Johnk was honored by the Rhode Island Bankers Association with the...

CVS Health subsidiary Omnicare files for Ch. 11 bankruptcy protection

CVS Health Corp. subsidiary Omnicare has filed for Chapter 11 bankruptcy protection two months after the long-term care business was ordered to pay $949...
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