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As Steward withdraws, Prime Healthcare to be Landmark buyer
Three days before the Sept. 30 deadline was to expire, Steward Health Care issued a statement late Thursday afternoon officially announcing it had terminated the asset purchase agreement to acquire Landmark Medical Center. more
Orders for U.S. capital goods signal business spending slowdown
A gain in demand for capital goods such as equipment and machinery in August failed to make up for declines in the previous two months, showing slowdowns in business investment and exports threaten to further restrain the U.S. economy more
Bradford Printing files for bankruptcy
Bradford Printing and Finishing has filed for bankruptcy protection in Rhode Island Superior Court, according to court spokesman Craig Berke. more
Home sales rise again in August
Sales of single-family homes in Rhode Island rose 13 percent in August compared with the same period last year, the 14th consecutive month of increased year-over-year sales volume. more
Trinity Rep. joins Blue Star Theatres program
Trinity Repertory Company will be one of 22 Theatre Communication Group theater members to participate in the newly launched Blue Star Theatres program, which – in partnership with Blue Star Families – provides free or discounted ticket programs to military families. more
Blue Cross launches company-wide day of community service
More than 750 of Blue Cross & Blue Shield of Rhode Island’s nearly 1,000 employees went to work Thursday as volunteers at more than 20 community agencies across Rhode Island. more
Rhode Island exports plunged 14.3% in July
Exports from Rhode Island plunged 14.3 percent in July after rallying 13.2 percent in June, according to an international trade statistics report from e-forecasting.com. more
| 9/27/12
Providence ranked 15th in U.S. for favorable business tax structure
Among a survey of 73 U.S. cities that offer the most favorable tax structures for businesses, Providence ranked 15th overall. more
MassBenchmarks: Mass. economy shifts into ‘lower gear’
After outstripping national growth in recent years, the Massachusetts economy has “dropped into a lower gear,” according to the Leading Economic Index released Thursday by the MassBenchmarks editorial board. more
URI chemist awarded $400K ‘early career’ grant by NSF
Jason Dwyer, an assistant chemistry professor at the University of Rhode Island, has been awarded a five-year, $400,000 research grant from the National Science Foundation. more
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