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After raising $1.7 million in gifts and pledges during a weekend auction, Roger Williams University has announced plans to build a new waterfront sailing center on its Bristol campus. more
Royal Bank of Scotland Group PLC, the recipient of the biggest banking bailout in the world, will eliminate more jobs and close additional branches before its restructuring is complete, Chairman Philip Hampton said. more
According to an economic impact report released by The Bermuda Race Organizing Committee, the 2012 edition of the biennial Newport Bermuda Race generated more than $9 million for the local economy. more
Nonwhite patients are 50 percent more likely to be non-adherent in taking statins to … more
While many of Rhode Island’s 91 special districts perform valuable services, their lack of mandated financial controls leaves them open to charges of poor fiscal management, according to a report released by the Rhode Island Public Expenditure Council late Monday. more
Rhode Island announced Tuesday that it has banded with other states and the federal government in a $500 million dollar settlement with generic pharmaceutical manufacturer Ranbaxy that will recover $290,600 for Rhode Island’s Medicaid program. more
Treasury 10-year notes gained for the first time in four days as yields at almost seven-week highs attracted buyers betting subdued inflation will bolster the value of the debt’s fixed payments. more
TD Bank has chosen a banking industry veteran to take over its Rhode Island and Boston metro south market. Kevin F. Malone has been named TD Bank market president for Boston, southern Massachusetts and Rhode Island. more
Juvenile health, safety and wellness product maker Summer Infant Inc. posted decreases in first-quarter net revenue, net income and gross margins as it worked to phase out products and licensing agreements, and endured an increase in interest expense, according to quarterly results released Wednesday. more
The Governor’s Workforce Board announced Monday that it has awarded more than $60,000 in “Express Grants” to 20 local firms. The strategic investments will partially fund skills training for 344 employees. more
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