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Attorney General Peter F. Kilmartin announced Wednesday that Rhode Island will receive $1.2 million as its share of a multistate settlement with GlaxoSmithKline LLC to resolve allegations that the company violated state consumer protection laws by misrepresenting its asthma drug Advair and antidepressant drugs Paxil and Wellbutrin. more
U.S. stocks fluctuated, after the benchmark Standard & Poor’s 500 Index rose to a record Thursday, as reports showed consumer spending unexpectedly declined last month while confidence slid more than estimated. more
Lenders in Bristol County, Mass., filed 88 foreclosure petitions in April, more than tripling the number of foreclosure starts in April 2013, when 24 petitions were filed, The Warren Group said Thursday. more
UnitedHealthcare has recognized four Rhode Island companies in its 2014 Well Deserved Awards, presented annually to employers who have demonstrated a strong commitment to improving employees' health and well-being through work-site wellness programs. more
Rhode Island exports declined 7.1 percent in April compared with the previous month but increased 10.5 percent on a year-over-year basis, according to an e-forecasting.com report released June 17. more
A majority of Rhode Island’s renters aged 18 to 24 are burdened by housing costs, according to an analysis of U.S. Census data released Wednesday by HousingWorks RI. more
After analyzing tax data from 32,000 businesses, the R.I. Department of Labor and Training announced Thursday that there were 1,800 more Rhode Island-based jobs in the first quarter than originally estimated. more
Travel + Leisure magazine has named Rhode Island’s Ocean House at Watch Hill the top-ranked resort hotel in the continental U.S., as well as the No. 5 hotel worldwide in the 2014 World’s Best Awards. more
During the second quarter, 2,041 new business entities registered with the R.I. Secretary of State’s Business Services Division, higher than the number reported the previous quarter, the secretary’s office announced Tuesday. more
AT&T and Verizon Wireless have tied for overall performance in Providence for the second year in a row, according to the latest report by Seattle mobile research and testing organization RootMetrics. more
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