Updated December 7 at 6:27pm
Local News
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(Updated 3:17 p.m.) CVS Pharmacy Inc. will pay $3.5 million to settle allegations that 50 of its Massachusetts stores violated the Controlled Substances Act by filling forged prescriptions for addictive painkillers and other controlled substances more than 500 times between 2011 and 2014. more
(Updated, 5:35 p.m. and 6 p.m.) Morgan Stanley was alone among the largest U.S. banks in stumbling through the Federal Reserve’s annual stress tests, getting conditional approval to make payouts to shareholders. Thirty other firms passed, while two subsidiaries failed, including Santander Bank. more
(Updated 3:24 p.m.) The Women’s Center of Rhode Island on Friday will dissolve as an organization, and its programs and services will merge into Crossroads Rhode Island where they will be known as the Domestic Violence Program of Crossroads Rhode Island. more
Tim Gray Media and The World War II Foundation were awarded the Emmy for Outstanding Historical Documentary Program for their program, “Dootlittle’s Raiders: A Final Toast” by the Washington, D.C./Capital Region Emmy Chapter on June 25. more
Bank of America Corp., the second-biggest U.S. lender, said profit rose 9.4 percent on gains in fixed-income trading revenue and declines in expenses. more
Rhode Island homeowners stand to save 14 percent, the second-highest savings in the United States, if they raise their home insurance premiums to $1,000 from $500, according to a study by insuranceQuotes.com. more
Strong lottery growth in North America and Italy boosted revenue for International Game Technology PLC in the third quarter, the company said Monday. more
More than 33 million meals are missed by low-income Rhode Islanders each year, despite resources available to them, according to the Rhode Island Community Food Bank’s 2016 Status Report on Hunger released on Monday. more
Minutes of the Federal Reserve’s November policy meeting are likely to confirm that officials were creeping closer to their first interest-rate increase in a year before the Nov. 8 election, and developments since have only served to bolster the case for a hike. more
An Arizona firm that provides website design to destination marketing organizations has been hired to revamp the visitrhodeisland.com website. more
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