Updated March 5 at 6:05pm
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David A. Darlington, the chairman of the R.I. Turnpike and Bridge Authority who has overseen the implementation of E-ZPass toll collections, the Pell Bridge improvement project and debate over the Sakonnet River Bridge toll, announced Thursday that he will step down from the board of directors effective immediately. more
An innovator and leader in the health care industry as well as a long-time executive at the Naval Undersea Warfare Center have been chosen as the top two honorees in the seventh annual Providence Business News Business Women Awards program. Joan L. Kwiatkowski, the CEO of CareLink and PACE of Rhode Island, is set to receive the award for career achievement, while Marie E. Bussiere, the combat systems department head at NUWC at Naval Station Newport will be honored as outstanding mentor. more
GTECH UK Interactive Ltd., a wholly owned subsidiary of GTECH S.p.A., announced Friday that it has completed its £18 million ($29 million) acquisition of Probability PLC, a mobile gaming company based in London. more
Gov. Lincoln D. Chafee and state legislators will join University of Rhode Island President David M. Dooley and other school officials on Monday, May 5, for the ceremonial groundbreaking of the URI Center for Chemical and Forensic Sciences. more
Capital Properties Inc. reported first-quarter net income of $77,000, or 1 cent per share, a 77.4 percent decline from the $340,000, or 5 cents per share, recorded during the same period a year earlier. more
Employers boosted payrolls in April by the most in two years and the jobless rate plunged to 6.3 percent as companies grew confident the U.S. economy is emerging from a first-quarter slowdown. more
CVS Caremark Corp., the largest provider of prescription drugs in the U.S., posted first-quarter profit that missed analyst estimates as cold weather and a mild flu season hurt sales. The company reaffirmed its 2014 forecast. more
International businessman and developer Peter de Savary has sold Merrillton, his seven bedroom gilded-age mansion, for $8.675 million, Stacie Mills, Principal Broker of Vanderbilt International Properties Ltd. said Thursday. more
U.S. stocks fluctuated with the Dow Jones Industrial Average near a record as investors dissected earnings, while data showed higher jobless claims and consumer spending. more
Even with a ban on tobacco sales forecast to slow earnings, CVS Caremark Corp. shareholders still can’t seem to kick the habit of owning the stock. more
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