Tag: Lead Story
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 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,...
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 Amazon.com on Thursday, submitting a proposal that identifies seven...
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 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...
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 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...
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...
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...