Lead Story - Page 265 of 268 - Providence Business News

ALLAN TEAR, co-founder and managing partner of Betaspring. An audit by the U.S. Treasury Department found that Betaspring misused $803,644 to fund operations from the Treasury's State Small Business Credit Initiative. / PBN FILE PHOTO/Michael Salerno

Federal audit finds Betaspring intentionally misused $804K

Entrepreneurship 09/22/2017

PROVIDENCE – A federal audit released this week claims business-accelerator and consultant Betaspring LLC intentionally misused $803,644 to fund operations in 2012. A manager of...

CVS HEALTH CORP. PRESIDENT AND CEO Larry J. Merlo has vaulted the first hurdle in makiing the proposed CVS Health-Aetna merge a reality, as shareholders of both companies voted to approve the combination Tuesday. / COURTESY CVS HEALTH

CVS announces expansion of efforts to combat opioid abuse

Health Services 09/21/2017

WOONSOCKET – CVS Health Corp. announced an expansion of its efforts to combat national opioid abuse Thursday. The company said it will expand its CVS...

BROWN UNIVERSITY ANNOUCNED A PROGRAM that will convert its financial aid to student from loans to grants. / COURTESY BROWN UNIVERSITY

Brown seeks to convert student loans to student grants

Education 09/20/2017

PROVIDENCE – Brown University announced that it has begun a campaign to eliminate loans from the university’s financial aid packages, with the goal of...

A UNIVERSITY OF RHODE ISLAND research initiative measuring the ecological health of Narragansett Bay will receive $19 million from the National Science Foundation's Established Program to Stimulate Competitive Research. / COURTESY UNIVERSITY OF RHODE ISLAND

$19M in NSF funding awarded to URI Narragansett Bay research initiative

Education 09/19/2017

PROVIDENCE - Consortium for Coastal Ecology Assessment, Innovation, and Modeling, or C-AIM, a University of Rhode Island research initiative measuring the ecological health of Narragansett...

U.S. SEN. JACK F. REED announced a $126,607 grant to help first responders in Rhode Island be better prepared for hazardous materials emergencies. / COURTESY OFFICE OF U.S. SEN. JACK F. REED

R.I. receives $10.6M in community development grants

Government 09/18/2017

PROVIDENCE – Rhode Island will receive $10.6 million in development grants, U.S. Sen. Jack F. Reed announced on Sept. 16. The federal aid comes in...

RHODE ISLAND CONSTRUCTION EMPLOYMENT rose 17.6 percent year over year in August, a higher rate than in any other state in the nation. /COURTESY THE ASSOCIATED GENERAL CONTRACTORS OF AMERICA

R.I. construction employment rises fastest in nation in August

Capital Goods 09/15/2017

PROVIDENCE - Rhode Island ranked No. 1 in the nation for year-over-year construction employment growth percentage in August, according to the Associated General Contractors...

RHODE ISLAND'S UNEMPLOYMENT RATE remained at 4.3 percent in August. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING

R.I. unemployment holds at 4.3 percent in August

Economic Activity 09/14/2017

PROVIDENCE – The seasonally adjusted unemployment rate in Rhode Island in August held steady for the second consecutive month at 4.3 percent, a 1...

THE UNIVERSITY OF RHODE ISLAND received $1.4 million in scholarship funding from the Robert Noyce Teacher Scholarship Program to educate science, technology, engineering and mathematics teachers. / UNIVERSITY OF RHODE ISLAND

URI School of Education nets $1.4M in scholarships to prepare STEM...

Education 09/13/2017

PROVIDENCE - University of Rhode Island's School of Education is the beneficiary of a $1.4 million Robert Noyce Teacher Scholarship Program geared to science,...

THE ALEXION PHARMACEUTICALS manufacturing facility in Smithfield will close due to a corporate restructuring that includes moving the company's headquarters from New Haven to Boston. / COURTESY ALEXION PHARMACEUTICALS INC.

R.I. Alexion manufacturing facility to close in corporate restructuring

Capital Goods 09/12/2017

NEW HAVEN, Conn. – Alexion Pharmaceuticals Inc. will close its manufacturing facility in Smithfield, the company said Monday. In a release announcing a restructuring in...