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THE BILTMORE Providence has been sold, according to a press release on Hotel Online. / PBN FILE PHOTO

Providence Biltmore sold

PROVIDENCE – The historic hotel Providence Biltmore has been sold, according to an announcement by AJ Capital Partners in a press release published by...
HASBRO INC. reported third-quarter profit of $265.6 million despite Toys R Us declaring bankruptcy during the period. Above, a scene from the first-ever HasCon Hasbro brands convention in Providence. / PBN FILE PHOTO/NICOLE DOTZENROD

Hasbro posts Q3 profit of $265.6M

PAWTUCKET – Hasbro Inc. reported third-quarter profit of $265.6 million Monday, a 3.7 percent increase year over year. Revenue for the quarter was $1.8 billion,...
GOV. GINA M. RAIMONDO said the state will increase the resources for foster families in fiscal 2019. /COURTESY STATE OF RHODE ISLAND.

Rhode Island enters Amazon HQ2 competition, lists seven potential host sites

PROVIDENCE – Rhode Island entered the North American contest to land the second headquarters for on Thursday, submitting a proposal that identifies seven...
UNEMPLOYMENT IN Rhode Island declined 0.1 percentage point in September to 4.2 percent. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING

R.I. unemployment ticks down in September

PROVIDENCE – From August’s 4.3 percent, the state’s seasonally adjusted unemployment rate dipped slightly to 4.2 percent in September reflecting a 1.1 percentage point...
ANTHEM INC. announced that it will start its own pharmacy benefit manager, Ingenio Rx. Anthem also announced a deal with CVS Health Corp. to support the new PBM after its current deal with Express Scripts Holding Co. expires. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

Anthem breaks with Express Scripts, strikes deal with CVS

NEW YORK - Anthem Inc. said it will set up its own pharmacy benefits management unit, signaling a final break with Express Scripts Holding...
CARE NEW ENGLAND terminated negotiations with Prime Healthcare Foundation to sell Memorial Hospital of Rhode Island Monday night. The hospital will also discontinue its inpatient and emergency services. / COURTESY MEMORIAL HOSPITAL OF RHODE ISLAND

CNE ends negotiations to sell Memorial, closing hospital’s emergency, inpatient services

PAWTUCKET - Care New England's board of directors terminated negotiations with Prime Healthcare Foundation to sell Memorial Hospital of Rhode Island Monday night and began...
EAT DRINK RI announced a new food hall project at 235 West Park St. in Providence and an accompanying Kickstarter fundraising campaign. Above, the interior second floor of the new space in its current state. / COURTESY EAT DRINK RI

Eat Drink RI announces new food hall project and Kickstarter campaign

PROVIDENCE - Eat Drink RI LLC announced it has launched a Kickstarter fundraising campaign to back a new project, the West Park Food Hall...
THE MBTA commuter rail reported more mechanical failures in 2016 than any other system in the U.S. / PBN FILE PHOTO / VICTORIA AROCHO

MBTA commuter rail worst-in-nation for mechanical failures in 2016

BOSTON –Boston commuter rail trains had more mechanical failures last year than any other system in the country, newly released federal data shows, despite...

Miriam Hospital wins federal grant to study post-incarceration opioid treatment

PROVIDENCE — Miriam Hospital has been awarded a federal $215,157 National Institutes of Health grant to study an innovative opioid addiction program for incarcerated...
THE INSTITUTE ON TAXATION AND ECONOMIC POLICY created a chart that shows how the proposed tax reform package would affect Rhode Islanders. / COURTESY INSTITUTE ON TAXATION AND ECONOMIC POLICY

Report: Proposed tax changes would mostly benefit top 1% of R.I....

PROVIDENCE -  The latest proposed tax reform framework supported by President Donald Trump and U.S. House Speaker Paul Ryan would disproportionately benefit the top...
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