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Lifespan announces opposition campaign aimed at Partners’ CNE acquisition

Updated, 8:40 p.m., April 24 PROVIDENCE - Citing a list of worries ranging from higher health care costs to patients, doctors and jobs being pipelined...
HASBRO REPORTED a profit of $26.7 million in the first quarter of 2019. / COURTESY HASBRO

Hasbro reports $26.7M profit in Q1

PAWTUCKET – Hasbro Inc. reported a profit of $26.7 million in the first quarter of 2019, a reversal from a $112.5 million loss in...
WESTERLY-BASED WASHINGTON TRUST Bancorp posted net income of $17.5 million in the first quarter, driven by an increase in loans, the bank reported Monday.

WashTrust reports 8% profit growth

WESTERLY – The Washington Trust Co.’s parent company reported Monday a 7.9% increase in net income in the first quarter from a year earlier....

PBN announces 2019 Business Women Awards honorees

PROVIDENCE – Molly Donohue Magee, executive director of Southeastern New England Defense Industry Alliance, has been named the 2019 Career Achiever, and Kimberly Silvestri,...
UNEMPLOYMENT DECLINED to 3.8% in March due to a decline in the number of unemployed in the state and a decrease in the labor force offset by a decline in jobs. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING

Unemployment ticks down in March, along with jobs

PROVIDENCE – The seasonally-adjusted unemployment rate in Rhode Island was 3.8% in March, a 0.4 percentage-point decline year over year and level with the...
RHODE ISLAND ranked No. 23 on the 2019 Bloomberg Innovation Index. / PBN FILE PHOTO/CHRIS BERGENHEIM

R.I. ranks in middle of the pack in Bloomberg Innovation Index

PROVIDENCE – Rhode Island ranked No. 23 on the Bloomberg 2019 U.S. Innovation Index released this week. The organization said that Rhode Island had...
CVS HEALTH CORP. has agreed to a civil penalty of $535,000 for allegedly filling controlled substance prescriptions even though the pharmacists should have known that the prescriptions were invalid. The company denies wrongdoing even as it will pay the fine. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS pays $535K in civil penalties over alleged filling of invalid...

PROVIDENCE – CVS Health Corp. has agreed to pay a civil penalty of $535,000 to resolve federal allegations that the company’s retail stores violated...
THE RHODE ISLAND CCI VALUE in February was 42, indicating contraction. / COURTESY LEONARD LARDARO

Lardaro: ‘Abysmal’ R.I. February CCI potential sign of oncoming recession

PROVIDENCE – The Current Conditions Index for Rhode Island was 42 in February, indicating contraction, according to University of Rhode Island economist Leonard Lardaro...
HAROLD HORVAT will succeed Thomas Lamb Jr. as chairman and CEO of Centreville Bank, effective May 1./ COURTESY CENTREVILLE BANK

Horvat to succeed Lamb as chairman/CEO at Centreville Bank

WEST WARWICK – Harold M. Horvat will replace Thomas J. Lamb Jr. as Centreville Bank’s chairman and CEO, the Rhode Island-based bank announced Friday.Horvat,...
DR, JAMES E. FANALE, president and CEO of Care New England Health System, says a new ambulatory care center and renovations to current facilities may take place as a result of a merger with Partners HealthCare. PBN FILE PHOTO/MICHAEL SALERNO

CNE: Merger could mean more outpatient care

Updated at 9:46 a.m., April 12PROVIDENCE – Care New England may offer more outpatient services if the group’s proposed acquisition by Boston-based Partners HealthCare...
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