Updated February 20 at 8:20am
Local News
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The lack of a stable income and paying off debt are the top financial stressors in Rhode Island, according to a survey released Monday by GoBankingRates.com. more
Pfizer Inc. agreed to buy Medivation Inc. for about $14 billion, gaining a blockbuster prostate-cancer treatment and leaving French drugmaker Sanofi jilted. more
Rhode Island will receive eight awards totaling $774,322 for health center quality improvements and to provide comprehensive care. more
Consumer confidence jumped to the highest level since 2004, extending a surge in Americans’ optimism for their finances and the U.S. economy following Donald Trump’s election victory. more
Environmentalists rejoiced on Wednesday when the Massachusetts Supreme Judicial Court said it is unlawful for state energy regulators to approve long-term, ratepayer-backed contracts with energy distribution companies to pay for natural gas pipeline expansion. more
AT&T Inc., the only U.S. wireless carrier still charging customers when they exceed data limits, has finally bowed to industry trends and is dropping the levies in a sign that competition for new customers is growing more challenging. more
(Updated 3:14 p.m.) Rhode Island’s median family income rose to $70,108 last year from $61,605 in 2014, but the number of children living in poverty still remains high at 40,566, or 19.4 percent, Rhode Island KIDS COUNT said this week. more
KVH Industries Inc. reported a loss of $806,000, but an increase in revenue in the second quarter that ended June 30. more
The number of Americans filing applications for unemployment benefits rose last week to a level that still underscores health in the labor market. more
FM Global said ground was broken last week on an approximately $55 million loss prevention training and operations center in Singapore, which represents additional expansion in Asia for the commercial and industrial property insurer. more
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