Updated January 22 at 12:26pm
Local News
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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
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
Citizens Financial Group Inc. on Friday reported fourth-quarter profit growing 27.7 percent to $282 million, or 55 cents per share, and 2016 profit increasing 24.4 percent to $1.04 billion, or $1.97 per share. more
Purchases of new homes in the U.S. surged in December to the highest level in 10 months, closing out the best year for housing since 2007. more
Orders for business equipment fell in December by the most in 10 months, a sign U.S. companies were slashing capital investment even before the turmoil in global financial markets. more
Massachusetts had the highest number of single-family home sales in December since 2004, The Warren Group, publisher of Banker & Tradesman, said Wednesday. more
A former Smithfield resident bequeathed $6.8 million to the Audubon Society of Rhode Island and The Nature Conservancy’s Rhode Island chapter for land and water conservation, the largest single donation in ASRI’s 117-year history. more
Brookline Bancorp Inc. on Thursday reported 2015 profit grew 15.5 percent to $52.4 million, or 71 cents per diluted share, compared with $45.3 million, or 62 cents per diluted share, in 2014. more
Meredith Corp. walked away from its attempt to merge with Media General Inc., allowing Nexstar Broadcasting Group Inc. to proceed with its plan to acquire the TV station owner after months of negotiation. more
(Updated 11:31 a.m., 12:24 p.m. and 4:09 p.m.) Former mayor Vincent A. “Buddy” Cianci Jr. has died, according to news reports. more
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