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Rhode Island’s hospitals posted a collective operating loss in fiscal year 2013, the second time such a loss has occurred (the previous occurrence was in fiscal 2011). more
Royal Bank of Scotland Group PLC CEO Ross McEwan moved to reassure employees that there will be “no big announcement” on job cuts when the lender publishes the results of its strategic review next week. more
Attorney General Peter F. Kilmartin announced Monday that Rhode Island will receive $213,126 as its share of a multistate and federal settlement with Endo Pharmaceuticals, a wholly owned subsidiary of pharmaceutical manufacturer Endo Health Solutions. more
Gov. Lincoln D. Chafee on Friday signed an executive order creating the R.I. Executive Climate Change Council, an agency formed to advise the governor, the General Assembly and the public on environmental best practices and strategies to address the challenge of global climate change. more
Sales of previously owned U.S. homes dropped in January to the lowest level in more than a year as harsh winter weather combined with a lack of supply, tight credit and declining affordability slowed demand. more
Passenger traffic at T.F. Green Airport fell 4.8 percent in January compared with the same period last year, dropping from 251,791 total passengers in January 2013 to 239,812 last month, the fewest in 18 years according to numbers released by the R.I. Airport Corporation Friday. more
The University of Rhode Island’s inaugural “mini-semester” January term enrolled nearly four times as many students as expected, the university said Thursday. more
A report released Thursday outlining an action plan to improve digital literacy in the state advised policymakers to work with educators and business leaders to transform the state’s digital media industry. more
Ocean House Management LLC and Watch Hill Properties LLC will affiliate with and manage the Watch Hill Inn, renovating it in time for the summer season as a luxury boutique inn in Westerly’s Watch Hill neighborhood. more
In advance of a Feb. 25 vote in Revere, Mass., to approve or reject the $1.3 billion casino Mohegan Sun has proposed at the Suffolk Downs racecourse, the developer has spent $400,000 on a campaign promoting the project, the Boston Herald said Thursday. more
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