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Gasoline prices in Rhode Island continued to drop, marking the lowest point this year, according to AAA Southern New England’s weekly survey of gasoline prices. more
U.S. stock-index futures dropped, signaling equities will pull back after advancing to a record last week, as data showed Japan fell into recession and a New York-area manufacturing gauge increased less than forecast. more
Gasoline prices rose in Rhode Island and Massachusetts this week, but averages in both states remained below the national average for a second consecutive week, according to the weekly survey by AAA Southern New England. more
Rhode Island and Massachusetts both reported gasoline price increases this week, extending the trend of rising prices in both states for a fourth consecutive week, according to the weekly survey by AAA Southern New England. more
The U.S. economy barely grew in the first quarter as harsh winter weather chilled investment and exports dropped. The expansion stalled even as consumer spending on services rose by the most in 14 years. more
Would Rhode Islanders fresh off a car accident take their vehicles to a body shop classified by the state as “B” or second-tier in equipment and training? more
The Consumer Price Index in the Northeast remained largely unchanged during the 12 months ended in February, according to a report released Tuesday by the U.S. Bureau of Labor Statistics. more
The cost of a gallon of self-serve, unleaded regular gasoline increased over the last week in both Rhode Island and Massachusetts, the fourth week in a row that fuel prices went up, according to the weekly survey by AAA Southern New England. more
Walking away from $2 billion in sales seems like a pretty bold risk for any company, even one that posted $123 billion in revenue in 2012 (and is likely to at least match that in 2013 when it reports results this week). But that is just what CVS Caremark Corp. has done by making the decision to stop selling tobacco products in its retail locations by Oct. 1. more
CVS Caremark Corp. will stop selling tobacco products at its 7,600 retail stores nationwide by Oct. 1 this year, the pharmacy chain announced Wednesday. President and CEO Larry Merlo said the decision was “the right thing to do,” even though the company expects to lose approximately $2 billion in annual revenue after pulling tobacco products. more
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