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Orders for U.S. business equipment fell in February for the second time in three months, signaling corporate investment will be slow to gain momentum following an unusually harsh winter that put a damper on demand. more
Cape Wind and the Bank of Tokyo-Mitsubishi UFJ Ltd. have brought on Natixis and Rabobank to lead senior debt financing and contribute more than $1 billion to the wind farm project, the renewable energy developer announced Wednesday. more
CVS Caremark Corp. announced Wednesday that it has signed a three-year contract to continue providing pharmacy benefit services for the Blue Cross & Blue Shield Federal Employee Program. more
Banco Santander SA was fined 12.4 million pounds ($20.5 million) by the U.K. regulator for flaws in investment advice given to customers as the watchdog clamps down on misconduct in consumer lending. more
The fifth edition of the 2014 County Health Rankings, compiled by the Robert Wood Johnson Foundation and the University of Wisconsin’s Population Health Institute, identifies Bristol County as Rhode Island’s healthiest county and Providence County as the least healthy. more
(Updated, 5:40 p.m.) Newly elected House Speaker Nicholas A. Mattiello on Tuesday promised he would focus on tackling his “No. 1 issue, jobs and the economy.” Lawmakers elected the Cranston Democrat and attorney House speaker by a vote of 61-6 over the other nominee, Rep. Michael J. Marcello, D-Scituate. more
Hotel tax collections rose to $138,139 in January, an increase of 4.1 percent compared with the $132,707 collected during January 2013, the R.I. Department of Revenue reported Tuesday. more
Food & Wine magazine has nominated two Rhode Island chefs to compete in the fourth annual People’s Best New Chef award contest, which honors talented up-and-coming culinary professionals who have run their own kitchens for fewer than five years. more
The Social Enterprise Ecosystem for Economic Development Summit has added former Clinton policy adviser Ira C. Magaziner to its lineup of keynote speakers for the annual event, to be held this year on April 25-26 at Brown University. more
Rhode Island seniors and disabled persons with Medicare prescription drug plan coverage saved $9.9 million, or an average of $709 per person, on their prescription drugs in 2013 through the Affordable Care Act’s Medicare discount program, the Centers for Medicare & Medicaid Services reported last week. more
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