Updated February 22 at 12:27am
Local News
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CVS Health Corp. said drug costs for its plans grew a modest 5 percent in 2015, far less than the 11.8 spending growth rate from a year before. more
The number of Americans applying for unemployment benefits rose last week to a level that’s consistent with steady improvement in the labor market. more
Financial companies will be hard-pressed to meet long-term growth expectations as decades of credit expansion come to an end and central-bank policies and tighter regulations squeeze profits, according to bond investor Bill Gross. more
AstroNova Inc., a maker of data visualization technologies, said Thursday that its Danish subsidiary, ANI ApS, will acquire Trojanlabel ApS, a Copenhagen manufacturer of digital color label presses and specialty printing systems for approximately $9 million. more
To say that hopes are high heading into fourth-quarter earnings season would be an understatement. more
The Naval Undersea Warfare Center Newport’s impact on the economy topped $1 billion last year, according to a Wednesday release from the facility. more
A New York City-based maker of web and mobile apps opened an office with six employees at 86 Weybossett St. last month, and plans to hire another 15 employees this year. more
The R.I. Executive Office of Health and Human Services announced Monday that Cynthia Huether is now CEO of the state-run Eleanor Slater Hospital. more
Sales of previously owned U.S. homes declined more than forecast in December, data from the National Association of Realtors data showed Tuesday. Still, sales for the full year were the strongest since 2006. more
Walgreens Boots Alliance Inc.’s plan to win U.S. antitrust clearance for its acquisition of Rite Aid Corp. hasn’t satisfied officials at the Federal Trade Commission, according to people familiar with the matter. more
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