Updated May 25 at 9:25am
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The heyday of worker productivity in the U.S. may have passed. Employee output per hour rose at a 1.3 percent annualized rate from April through June, following declines of 1.1 percent in the first quarter and 2.2 percent in the last three months of 2014, a Labor Department report showed Tuesday in Washington. more
(Updated 3:34 p.m. and 5:04 p.m.) Attorney General Peter F. Kilmartin last week called on state Health Insurance Commissioner Dr. Kathleen C. Hittner to reconsider a decision to approve a 10 percent health insurance rate hike for certain Blue Cross & Blue Shield plans, saying her decision to do so lacked transparency and reason. more
In its first time reporting earnings as a single company, International Game Technology PLC reported a loss of $112 million, or 59 cents per diluted share, in the second quarter. more
More than $1 million in federal assistance has been delivered to Rhode Island to help cover the costs of the Jan. 26-28 severe winter storm that covered parts of the state in up to 3 feet of snow, said state and federal officials. more
The fight is intensifying over which patients will get an almost $15,000-a-year cholesterol drug from Regeneron Pharmaceuticals Inc. and Sanofi, with CVS Health Corp. calling for new treatment guidelines to make it clearer who should qualify. more
Leonard Lardaro said Rhode Island’s economy showed more strength in June, and appears to be transitioning to a more rapid rate of economic growth. more
Rhode Island will partner with the Brookings Institution, one of the nation’s most prominent public policy organizations, to identify economic development initiatives and industries that have the most potential to strengthen the economy. more
Providence is the 20th best city for retirement, according to a new study commissioned by the Bankers Life Center for a Secure Retirement. more
The Rhode Island Foundation said Monday that it awarded $17.2 million in grants to fund dozens of programs serving Rhode Islanders throughout the state in the first half of 2015 – the highest amount in recent years. more
CVS Health Corp. has agreed to pay $450,000 to resolve allegations that several of its Rhode Island stores violated the federal Controlled Substances Act by filling invalid prescriptions and maintaining deficient records. more
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