Updated February 28 at 8:42pm
Local News
2322 results total, viewing 101 - 110
Alex and Ani LLC’s lawsuit in U.S. District Court alleging that eight defendants conspired to secure discounted Alex and Ani jewelry on behalf of retail distributors, and then later fraudulently resold the jewelry to BJ’s Wholesale Club Inc., has been allowed to proceed. more
(Updated, 4:45 p.m.) CVS Caremark Corp. halted sales of tobacco products almost a month ahead of schedule, started a smoking-cessation campaign, and changed its name to position itself as an advocate of better health. more
Manufacturing is making a comeback throughout the region, with Rhode Island in 2013 posting its first year-over-year increase in employment in the industry in 13 years, according to a report released March 17 by the Rhode Island Manufacturers Register. more
About 90 percent of Rhode Island business leaders think the U.S. economy will improve in the next 12 months, based on a survey taken by about 350 attendees at the Santander Bank and Greater Providence Chamber of Commerce Economic Outlook Breakfast at the Omni Hotel on Thursday. more
Global biotech firm Covidien PLC has acquired Israeli medical tech company Given Imaging Ltd. for $860 million, a move that will allow Covidien to expand into the multibillion dollar gastrointestinal product market. The acquisition is expected to add between $40 and $50 million in quarterly revenue for Covidien. more
Staples Inc., the largest U.S. office-supplies chain, will close as many as 12 percent of its North American stores and cut as much as $500 million in costs as online competition continues to hurt sales. The shares fell. more
Embolden, a digital-communications group, has been acquired by New Jersey-based Crown Philanthropic Solutions, which specializes in philanthropic technology. more
Textron Inc. on Friday completed the acquisition of Beech Holdings LLC, parent company of Witchita, Kan.-based planemaker Beechcraft Corp. Textron’s Cessna business and Beechcraft will form a new segment within the company called Textron Aviation. more
Employers in the U.S. are taking longer to fill job openings, a sign that the labor market is tightening as companies compete for talented workers. more
The U.S. Small Business Administration (SBA) administrator has applauded President Barack Obama’s signing of the 2015 National Defense Authorization Act, which contains a provision aimed toward increasing women-owned small businesses access to the federal contracting marketplace. more
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