Updated May 23 at 11:16am
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Is airline consolidation really so bad for the flying public? On the surface it would seem that way. In 2013, for instance, 85 percent of all U.S. domestic passengers flew on one of just four airlines -– each of which expanded substantially as a result of a merger or acquisition between 2008 and 2013. Meanwhile, between 2007 and 2012, airfares rose 4 percent. Consolidation appears to have reduced competition. more
MIDDLETOWN – Congressional, Pentagon and defense-industry leaders will gather in Newport in September for an event focused on the future of innovation and technology in the defense arena. more
The General Assembly’s approval last week of a $45 million, seven-level parking garage designed to serve development on Providence’s former Interstate 195 land should be a welcome sign to developers. more
PROVIDENCE – A judge has allowed the Wyatt Detention Center in Central Falls to enter into receivership after officials said the facility is facing serious fiscal problems, WPRI-TV Channel 12 reported on its website last week. more
BOSTON – State officials say they have uncovered an unemployment-insurance scheme involving nearly 600 fraudulent claims, The Associated Press reported last week. more
BOSTON – The Mass. Division of Insurance last week rejected a rate request that Attorney General Martha Coakley said would have cost homeowners an additional $16 million in policy premiums. more
PROVIDENCE – Rhode Island teens compare favorably to their peers in other states when it comes to tobacco use, alcohol consumption, fighting, prescription-drug use, unsafe sexual behaviors and soda consumption. more
CVS MinuteClinic has applied to the R.I. Department of Health once again for a license to operate a retail health clinic in Rhode Island, bringing home a national trend in this model of care. RHCs arose in the early 2000s and have grown to more than 1,600 clinics currently in operation in 42 states. In a recent study by Accenture, it is projected that retail clinics will double in the next three years to more than 2,800. more
Providence College awarded McAuley Village, a two-year transitional housing program for single parents, a $5,000 grant from the college’s Making a Difference Fund. more
Adoption Rhode Island, an organization that supports children in state care and connects them to “forever families,” raised more than $55,000 at its 30th anniversary spring gala on May 3. more
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