Updated March 30 at 9:51pm
Local News
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President Barack Obama signed into law a $12.3 billion water-projects plan that will pay for deepening ports for bigger ships, cutting costs for exporters. more
Crista Durand will serve as the next president of Newport Hospital effective Aug. 1, Lifespan told Providence Business News Tuesday. more
U.S. News & World Report has named Women & Infants Hospital among the top pediatric hospitals in the country specializing in the medical care of newborn infants, especially those born ill or premature and requiring neonatal intensive care. more
(Updated, 5:15 p.m.) Cornish Associates LP has added to its Westminster Street portfolio again. The Providence firm responsible for much of the residential redevelopment of downtown has purchased the historic Lapham Building for $2.7 million, director of development Steve Durkee confirmed Monday. more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose slightly in April to 125.1 from 124.9 in March, ending two months of declines in the state’s economic indicator index. more
Gasoline prices dropped 2 cents in Rhode Island and remained unchanged in Massachusetts this week, according to the weekly survey by AAA Southern New England. more
On the 2014 Fortune 500 list of the largest U.S. corporations, released last week, CVS Caremark Corp. inched upward to No. 12 from No. 13 on the 2013 list. Also making the Fortune 500 again were Textron Inc. (No. 228) and United Natural Foods Inc. (No. 427). more
A temporary tax holiday for U.S. companies to repatriate offshore profits would cost the government $95.8 billion in revenue over the next decade, according to the Joint Committee on Taxation, a nonpartisan scorekeeper for Congress. more
The Providence College Corporation has offered a third five-year term to Providence College President Rev. Brian J. Shanley, beginning July 1, 2015. Shanley’s current term is set to expire on June 30, 2015. more
The U.S. Department of Labor’s Employment and Training Administration has awarded a $2.5 million grant for advanced manufacturing initiatives to the Community College of Rhode Island. more
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