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Report: Hasbro laying off 3% of its global workforce due to...

PAWTUCKET – Hasbro Inc. is laying off 3% of its global workforce due to tariffs, multiple media outlets reported Wednesday.  The job cuts span departments...

Providence Equity Partners acquires logistics company behind record-breaking Taylor Swift tour

PROVIDENCE – Providence Equity Partners LLC has acquired a controlling stake in a live-events logistics company that has worked with the likes of Beyoncé...
THE CORPORATION OF BROWN UNIVERSITY on Tuesday voted to reject a student-led proposal to divest from companies that do business with Israel. / AP FILE PHOTO/STEVEN SENNE

Brown University corporation rejects Israel divestment proposal

PROVIDENCE – Brown University will not divest from 10 companies that do business from Israel after reviewing a proposal from students requesting that the...
BROWN UNIVERSITY was ranked No. 36 by the Wall Street Journal in its 2025 Best Colleges in the U.S. list. / AP FILE PHOTO/STEVEN SENNE

6 local colleges named to Wall Street Journal’s best colleges list

PROVIDENCE – Six local colleges and universities were noted by the Wall Street Journal as being among the 500 best colleges in the country...
JOSEPH EDELMAN, founder and CEO of New York-based hedge fund company Perceptive Advisors LLC, has resigned from the Brown University board of trustees over his disagreement with the board’s upcoming vote on a proposal to divest from companies that do business with Israel. / COURTESY BROWN UNIVERSITY

Brown University trustee resigns over concerns about upcoming Israel divestment vote

PROVIDENCE – Joseph Edelman, founder and CEO of New York-based hedge fund company Perceptive Advisors LLC, has resigned from the Brown University board of...

PBN’s most-read stories of 2023

From multimillion-dollar home sales across the state to high-profile and sometimes controversial real estate developments, corporate leadership shakeups and layoffs, to a sudden bridge...

CVS launches new pharmacy reimbursement model

PROVIDENCE – CVS Health Corp. on Monday announced a new pharmacy reimbursement model it says will bring more transparency to its drug-pricing system and...
BROWN UNIVERSITY was ranked No. 67 in Wall Street Journal's "Best Colleges in the U.S." rankings for 2024. / COURTESY BROWN UNIVERSITY

5 local colleges named to Wall Street Journal’s best colleges list

PROVIDENCE – Five local colleges and universities, four of them based in Rhode Island, were among the 400 best higher education institutions across the...

Christmas Tree Shops filing for bankruptcy

PROVIDENCE – A long-time Massachusetts and Rhode Island retailer is reportedly set to file bankruptcy. Christmas Tree Shops Inc., a Massachusetts-based business that been around...
CVS HEALTH Corp. is close to an agreement to purchase primary care company Oak Street Health for around $10.5 billion including debt, the Wall Street Journal reported. Pictured is the Woonsocket location of Oak Street Health, which opened in 2020. / COURTESY OAK STREET HEALTH

Report: CVS to purchase Oak Street Health for $10.5B

PROVIDENCE – CVS Health Corp. is close to an agreement to purchase primary care company Oak Street Health for around $10.5 billion including debt,...
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