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NOAA HAS SETTLED its civil case against Carlos Rafael, known as the "Codfather," for $3 million and requirements that Rafael relinquish his permits and divest from his fishing assets. NOAA said the settlement will speed up the return of Rafael's assets to productive use. / BLOOMBERG FILE PHOTO/MARK ELIAS

Civil case against ‘Codfather’ settled for $3 million and a divestiture...

Food & Agriculture 08/19/2019

NEW BEDFORD – The National Oceanographic and Atmospheric Administration announced that it had settled the federal civil case against Carlos Rafael and his fishing...

PBN names 2019 Fastest Growing & Innovative Companies

Economic Activity 08/16/2019

PROVIDENCE – Twenty local companies have earned a spot on Providence Business News’ 2019 list of Fastest Growing Private Companies, and 14 organizations were...

R.I. UNEMPLOYMENT declined 0.4 percentage points year over year to 3.5%. The number of Rhode Island-based jobs increased in that time, but the number of employed Rhode Islanders declined. The labor force also shrank by 2,500 people year over year.

As R.I. unemployment declines and jobs grow, labor force shrinks

Economic Activity 08/15/2019

PROVIDENCE – The unemployment rate in Rhode Island declined 0.4 percentage points year over year to 3.5% in July, according to the R.I. Department...

Tufts Health Plan and Harvard Pilgrim Health Care announce agreement to...

Health Services 08/14/2019

WATERTOWN, Mass. – Tufts Health Plan and Harvard Pilgrim Health Care have signed an agreement to combine, the organizations announced Wednesday. The combined entity...

THE MORTGAGE DELINQUENCY rate in Rhode Island declined to 4.2% in May. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT

R.I. mortgage delinquency declines in May, still above U.S. rate

Real Estate 08/13/2019

PROVIDENCE – The share of Rhode Island mortgages in 30-day-or-more delinquency in May was 4.2%, a 0.5 percentage point decline year over year, according...

PBN HELD ITS ANNUAL Healthiest Employers event Thursday at the Providence Marriott Downtown, where 31 companies were honored for their efforts to improve employee wellness.

Healthiest Employers lauded for results

PBN Award Winners 08/08/2019

PROVIDENCE – Providence Business News’ eighth Healthiest Employers awards event brought together 270 of the region’s business leaders Thursday to celebrate individuals and companies...

BROWN UNIVERSITY was one of six local schools to be included on Princeton Review's Best 385 Colleges: 2020 Edition. / COURTESY BROWN UNIVERSITY

Princeton Review includes local schools on top 385 list

Education 08/08/2019

PROVIDENCE – Six local colleges and universities were named among the Princeton Review’s Best 385 Colleges: 2020 Edition released this week. Four local schools on...

CVS HEALTH CORP. reported a $1.9 billion profit in the second quarter, exceeding expectations. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS posts $1.9B profit in Q2 with Aetna profit boost

Health Services 08/07/2019

WOONSOCKET – CVS Health Corp. reported net income of $1.9 billion, or $1.49 per diluted share, in the second quarter, a turnaround from a...

RHODE ISLAND ranked No. 41 in the nation with a letter grade of D+ in the 2019 Thumbtack Small Business Friendliness survey. / COURTESY THUMBTACK

R.I. receives D+ for business friendliness from small-business owners

Entrepreneurship 08/06/2019

PROVIDENCE – Rhode Island received a business friendliness letter score of D+ in a recent survey of small-business owners conducted by Thumbtack released Tuesday. The...