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Providence gets 30% bonus curbing $109,000 retirees
Providence was so close to running out of cash a year ago that it couldn’t pay for tires on police cars. This month, Wall Street lined up to lend to Rhode Island’s capital, shrinking … more
Walgreen grows closer to supplier, falls short of profit in 2Q
Walgreen Co. has switched its primary pharmaceutical supplier, according to the Associated Press. Walgreen has signed a 10-year deal in which AmerisourceBergen will replace Cardinal Health as its primary drug supplier. more
| 3/19/13
Construction employment drops 10% in Prov. metro in Feb.
Construction employment declined in 132 of 339 metro areas, – including the Providence-Fall River-Warwick area – rose in 158 out of 339 metro areas and stayed stagnant in 49 metro areas – including the New Bedford area – from February 2012 to February 2013, according to a report from the Associated General Contractors of America. more
| 4/10/13
Housing starts in U.S. climb as building permits pick up
New U.S. home construction rose in February and building permits climbed to the highest level in almost five years, adding to signs of progress in the housing market that’s helping boost the economy. more
URI freezes tuition for a year
The University of Rhode Island has frozen tuition for the 2013-14 academic year for all students. more
| 3/18/13
Care New England, Providence Center announce affiliation
Care New England and The Providence Center have entered into an affiliation agreement that will integrate and strengthen behavioral health services across community- and hospital-based systems, the two entities announced Monday. more
Jessup named interim director of Providence Preservation Society
Providence Preservation Society announced today that Karen Jessup has been named interim director of the citywide preservation organization. more
Natural gas rises to 17-month high as cold snap extends to April
Natural gas climbed to its highest price in almost 17 months in New York on speculation that a cold start to spring will buoy demand for heating fuels. more
U.S. stock futures drop as Cyprus bank levy renews euro concern
U.S. stock-index futures fell as euro-area leaders imposed a levy on Cypriot bank deposits to cut the cost of a bailout, sparking concern the measure may one day be used in the bigger economies of Spain or Italy. more
Study: Massachusetts residents the key to gambling success in R.I.
While the number of Rhode Islanders who visited Twin River declined 9.1 percent from 2010 to 2012 to 161,726, those who came from Massachusetts increased 8.8 percent to 385,348, helping the Lincoln gaming facility gain less than one-half percent in visitors to 582,662 in the time period. more
| 3/18/13
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