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Gina Raimondo became the first Democrat elected governor in Rhode Island since 1992, overcoming opposition from government workers for her role in pushing through cuts to retirement benefits. more
Rhode Island’s financial profile has improved following the economic downturn, but weak economic and demographic trends, paired with large combined debt and pension liabilities, remain sources of credit pressure, according to Moody’s Investor Service. more
Nortek Inc., a maker of home and office security solutions, ventilation and air management products, and heating and cooling systems, posted increases in sales and profit in the third quarter, thanks in part to the acquisition of an HVAC business. more
The U.S. Department of Labor’s Occupational Safety and Health Administration has fined Feld Entertainment Inc. for one serious safety violation and is proposing a penalty of $7,000 in response to the circus accident that injured nine performers during a “hair hang act” this past May at the Dunkin’ Donuts Center. more
Brown University is one of the most beautiful colleges to visit in the fall, according to Best College Values. more
Rhode Island home prices increased 2.6 percent over the 12-month period through September, but were below the national year-over-year increase of 5.6 percent, according to Home Price Index data released Tuesday by CoreLogic. more
Banco Santander SA said third-quarter profit rose 52 percent, beating estimates, as charges for bad loans dropped in Spain and earnings climbed in the U.K. and Brazil. more
Treasuries rose, pushing 30-year bond yields down for a second day, as plunging oil prices added to investor expectations that inflation will remain subdued while the U.S. economy strengthens. more
CVS Health Corp. beat analyst estimates as the company’s prescription drug sales more than made up for the revenue loss the company has suffered after it quit selling tobacco in its retail pharmacies. more
Santander Bank, N.A. has committed a total of $1.3 million in grants to support low- and moderate-income neighborhoods in the city. more
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