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CVS HEALTH reported a $2.6 billion loss in the second quarter of 2018, largely due to a $3.9 billion pre-tax goodwill impairment charge for its long-term care segment. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS Health reports $2.6B Q2 loss, dragged down by $3.9B goodwill...

WOONSOCKET – CVS Health Corp. reported a $2.6 billion loss on Wednesday for the second quarter of 2018, or $2.52 per diluted share. The company...
HASBRO EXTENDED its contract with Chairman and CEO Brian Goldner through Dec. 31, 2022, and increased his base salary to $1.6 million. / COURTESY HASBRO

Hasbro extends Goldner, expands Frascotti’s role to president and chief operating...

PAWTUCKET – Hasbro Inc. has extended Chairman and CEO Brian D. Goldner’s contract two years through Dec. 31, 2022, the company announced Tuesday. Goldner has...

PPL receives $450K NEH grant for building renovation and upgrades

PROVIDENCE – The Providence Public Library has received a $450,000 federal grant to support the “Providence Public Library Special Collections Renovation: Investing in Public...
CLEAN ENERGY employment in Rhode Island increased 3.7 percent year over year from 2017 to 2018. / COURTESY OFFICE OF ENERGY RESOURCES

Report: R.I. clean energy sector grows 3.7%

PROVIDENCE – Employment in the clean energy sector in Rode Island increased 3.7 percent year over year in 2018 to 15,866 workers, according to...

National Small Business Innovation Road Tour coming to Warwick

WARWICK – The National Small Business Innovation Road Tour will be in Rhode Island on Aug. 22 at the Crowne Plaza Providence-Warwick, the R.I....
PROVIDENCE METRO AREA UNEMPLOYMENT in June declined 0.5 percentage points year over year to 3.8 percent on a non-seasonally adjusted basis. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Providence metro unemployment declines to 3.8% in June

PROVIDENCE – Unemployment in the Providence-Warwick-Fall River metropolitan area was 3.8 percent in June, a 0.5 percentage point drop from 4.3 percent in June...
EFFECTIVE OCT. 1, Mim L. Runey will succeed John J. Bowen as the third Johnson & Wales University chancellor in the school's 104-year history. / COURTESY JOHNSON & WALES UNIVERSITY

Runey to succeed Bowen as JWU chancellor

PROVIDENCE – Mim L. Runey, who has served as the Johnson & Wales University Providence campus president and chief operating officer since 2011, will...

Newport Festivals Foundation agrees to stay in Newport for 25 years,...

PROVIDENCE – The R.I. Department of Environmental Management and the Newport Festivals Foundation Inc. reached a license agreement to keep the Newport Jazz Festival...

CNE names Haffey president and COO at Kent Hospital

PROVIDENCE — Care New England has named Robert J. Haffey as the new president and chief operating officer of Kent Hospital, who will take...
ON THURSDAY, The Steel Yard announced a $2.7-plus million renovation to its Providence-based headquarters. / COURTESY THE STEEL YARD

Steel Yard announces $2.8M studio renovation

PROVIDENCE – Looking to increase the communal studio space available to local artists and the public, on Thursday The Steel Yard announced a $2.8...
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