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Choice was the word Wednesday morning at the Providence Business News Summit on the Health Benefits Exchange, held at the Crowne Plaza Hotel Providence-Warwick. more
Hasbro Inc. will pay $72.9 million in royalties to Johnson Research & Development Co., the licensor of the toymaker’s line of Nerf guns, after an arbitration hearing over the terms of a license agreement between the two companies. more
Royal Bank of Scotland Group Plc expects to post a “substantial” full-year loss after transferring 38.3 billion pounds ($61 billion) of its worst loans to an internal bad bank under government pressure. more
Hatch Entrepreneurial Center, a shared workspace and incubator for early-stage businesses, celebrated its official grand opening Wednesday. more
The foot traffic, property values and investment in Providence’s Thayer Street commercial district are the envy of many Main Street merchants groups in Rhode Island. more
A company built by three Rhode Island natives is bound to be committed to growing in the Ocean State, although that growth comes from clients all over the U.S. more
The Rhode Island Foundation is teaming up with state economic development officials to build a plan for growing the local economy from the ideas of business leaders. more
LEXINGTON - Raytheon reported it would lay off 226 of is employees in Massachusetts last Friday. A company spokesperson said the employees are members of the IBEW, International Brotherhood of … more
Alex and Ani LLC CEO Giovanni Feroce has left the company, according to a release issued Thursday afternoon, leaving founder and creative director Carolyn Rafaelian to assume the role of interim CEO while the board of directors conducts a search for a replacement. more
The economy expanded at faster pace in the second quarter from the previous three months, a sign the U.S. was weathering federal budget cutbacks and higher taxes. more
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