Updated December 4 at 12:27am
Local News
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Tiffany & Co. reported third-quarter profit that exceeded analysts’ estimates as demand improved in China and Japan, a sign that the worst of the global luxury market’s downturn may be over. more
Cyber Monday is poised to retain its status as the biggest online spending day of the year despite a surge of shoppers hitting computers and smartphones instead of stores on Black Friday to chase deals earlier in the season. more
The U.S. economy expanded more than previously reported last quarter on a sunnier picture of household spending, the primary growth engine. more
Work to repair and improve the exterior passenger and pedestrian area at the Newport Transportation and Visitors Center on America’s Cup Avenue is scheduled to begin by the end of the year, and is slated to be completed by June, a spokeswoman for the R.I. Public Transit Authority said Monday. more
(Updated 3:20 p.m.) It was standing room only in the Statehouse’s State Room, where Gov. Gina M. Raimondo and other officials announced Monday that the U.S. Centers for Medicare & Medicaid Services will award $129.5 million to Rhode Island over five years. more
Millions of years ago, the earth’s gurgling mantle gave rise to nine small islands in the middle of the North Atlantic. Today, the Azores — which are located 1,000 miles off the coast of Europe — is a quiet realm of quaint Iberian charm and dazzling vine-draped greens carved out by a dramatic history of volcanic events. more
The $7.7 billion Rhode Island pension fund will join shareholders of energy companies ConocoPhillips, Exxon Mobil, Chevron and Devon Energy in co-filing proposals requiring the corporations to disclose their lobbying activities, R.I. General Treasurer Seth Magaziner said Monday. more
Gasoline prices climbed 2 cents in Rhode Island and fell 2 cents in Massachusetts this week, according to AAA Northeast. more
Providence Equity Partners is exploring a sale of the Professional Association of Diving Instructors that could value the company at about $1 billion, people familiar with the matter said. more
The decades-old retail tradition of Black Friday limped closer to obsolescence this year as online shopping and earlier discounts kept many brick-and-mortar customers at home. more
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