Updated August 28 at 10:28am
Local News
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Consumer purchases climbed in July as incomes grew, showing the biggest part of the U.S. economy was off to a good start to the quarter. more
Chinese billionaire Wang Jianlin is expanding his sports empire, adding the organizer of Iron Man triathlons to holdings including soccer team Atletico Madrid. more
Michael Lewis may have spelled out the supposed menace of high-frequency trading in his bestseller “Flash Boys.” What he didn’t do is provide a basis for investors to sue stock exchanges or banks. more
Amgen Inc. won U.S. approval for its powerful cholesterol-lowering drug Repatha for certain patients, making it the second in a new class of treatments to come to market. more
A relief rally swept around the globe, with the Standard & Poor’s 500 Index capping its biggest two-day gain since 2009 and Chinese shares snapping a five-day losing streak. Oil jumped the most in over six years as the U.S. economy grew more than forecast in the second quarter. more
Tiffany & Co., the luxury jewelry chain, posted second-quarter profit that missed analysts’ estimates after currency fluctuations took a bite out of international revenue. more
(Updated, 4 p.m.) The Slater Technology Fund recently invested in Warwick-based online athletic apparel dealer SquadLocker as part of a $2.25 million seed equity round. more
Cash collections grew 6.5 percent for fiscal 2015 to $3.6 billion and 6.6 percent in June alone to $536.8 million, according to a report from the state Department of Revenue. more
The University of Rhode Island has received a competitive grant from the National Science Foundation to improve the writing skills of graduate students of science. more
CVS Health is expanding its approach to telehealth by working with three different telehealth providers, the company announced Wednesday. more
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