Updated March 29 at 12:29am
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The U.S. Navy’s Space and Naval Warfare Systems Command has awarded a $23.5 million contract to General Dynamics Information Technology to develop software designed to model the effects of releasing chemical, biological, radiological and nuclear materials. more
Fitch Ratings has assigned a AA rating to Rhode Island’s $79.5 million in 2014 consolidated capital-development general-obligation bonds, the agency announced Wednesday. more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com fell in February for the first time since March 2013, dropping four-tenths of a percent to 124.9 from 125.4 in January. more
Royal Bank of Scotland Group PLC, Britain’s biggest government-owned lender, reached an agreement to end the U.K. Treasury’s dividend access share, bringing the company a step closer to paying dividends. more
City Running Tours, which provides guided tours in 15 of the largest cities in the country, is coming to Providence with an inaugural tour slated to coincide with Earth Day. more
After a six-month period as acting president, Mark R. Marcantano has officially been named president and chief operating officer of Women & Infants Hospital, Care New England said Wednesday. Marcantano, who has been in leadership roles at the hospital since 2010, began serving as interim president following the retirement in October of Constance A. Howes, who left the hospital after 30 years. more
Medicare paid almost 4,000 doctors and medical providers more than $1 million apiece in 2012, including seven who received more than $10 million. Eye doctors were among the highest compensated, including one Florida ophthalmologist who received $21 million. more
Construction employment in the Providence-Fall River-Warwick metro area increased 2 percent between February 2013 and February 2014, according to The Associated General Contractors of America monthly jobs report released Wednesday. more
The unemployment rate in the Providence-Fall River-Warwick metro area fell to 9.7 percent in February, non-seasonally adjusted, from 10.3 percent a month earlier, as the size of the labor force grew 0.6 percent to 691,000 from 686,600, according to a U.S. Bureau of Labor Statistics report released Wednesday. more
A 78-year-old Rhode Island insurance agency and its affiliate have been acquired by Cross Financial Corp. subsidiary Cross Insurance, an independent insurer based in Bangor, Maine. more
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