Updated August 28 at 12:41am
Local News
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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
The foreclosure rate for outstanding mortgage loans fell 0.4 and 0.16 percentage points in June from a year earlier in Rhode Island and the Providence-Warwick metro area, respectively, according to CoreLogic. But for both areas, the June rate represented an increase from May figures. more
U.S. stocks rose, following their biggest gains since 2011, amid a rebound throughout global markets and as data showed the economy grew more than previously estimated. more
A relief rally is spreading around the globe, with Chinese shares snapping a five-day losing streak. The dollar strengthened and stocks extended gains after the U.S. economy grew more than forecast in the second quarter. more
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