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  • Hasbro posts 1Q profit, sales of girls' toys rise Monday, 21 Apr 2014 | 6:44 AM ET

    PAWTUCKET, R.I.— Hasbro returned to profitability in its first quarter, driven by sales of girls' toys such as My Little Pony and Nerf Rebelle. The Pawtucket, R.I. company earned $32.1 million, or 24 cents per share, for the period ended March 30. Revenue climbed 2 percent to $679.5 million from $663.7 million, but missed Wall Street's estimate of $690.1 million.

  • US city sues firms over stock trades Friday, 18 Apr 2014 | 7:08 PM ET

    The city of Providence, Rhode Island, is suing dozens of Wall Street banks and other financial companies over high-frequency trading. The federal complaint was filed Friday in New York on behalf of city investment funds that traded stocks in the U.S. since April 18, 2009.

  • NEW YORK, April 18- Dozens of the largest U.S. stock exchanges, brokerages and high-frequency trading firms were hit with a class action lawsuit by the capital of the state of Rhode Island, accusing them of manipulating the U.S. securities markets.

  • Miss. jobless rate rises in March as payrolls fall Friday, 18 Apr 2014 | 11:25 AM ET

    JACKSON, Miss.— Mississippi's unemployment rate rose to 7.6 percent in March as more people entered the labor force than could find jobs. A separate survey shows state employer payrolls fell for the fourth straight month, suggesting that Mississippi's stronger economic growth in late 2013 may be softening.

  • Unemployment rates fall in 21 US states last month Friday, 18 Apr 2014 | 10:29 AM ET

    WASHINGTON— More than two-thirds of the states reported job gains in March, as hiring has improved for much of the country during what has been a sluggish but sustained 4 1/ 2- year recovery.

  • April 16- A lawsuit by retired Rhode Island public employees over the state's sweeping 2011 pension system overhaul will continue after a judge on Wednesday rejected a move by state officials to have the case thrown out.

  • Rhode Island judge: Pension lawsuit may go forward Wednesday, 16 Apr 2014 | 2:39 PM ET

    PROVIDENCE, R.I.— A lawsuit brought by public sector unions and retirees over Rhode Island's 2011 pension overhaul can now move forward, a judge ruled Wednesday, days after both sides said a lengthy mediation had failed.

  • Bill would create Rhode Island sales tax holidays Tuesday, 15 Apr 2014 | 2:32 PM ET

    PROVIDENCE, R.I.— A bill that would create two sales-tax holidays a year in Rhode Island is being heard by House lawmakers. The Finance Committee is scheduled to take up a bill Tuesday that would create tax holidays on Presidents Day and the Saturday before Labor Day.

  • AAA: Gas prices up a penny in Rhode Island Monday, 14 Apr 2014 | 3:26 PM ET

    PROVIDENCE, R.I.— Gasoline prices in Rhode Island are up a cent from last week, and are now the same as a month ago. AAA Southern New England's latest price survey, released Monday, found the average cost of a gallon of self-serve regular in the state is $3.60. The current Rhode Island average is four cents lower than the national per-gallon average of $3.64.

  • BOSTON, April 10- Fidelity Investments said on Thursday it is exploring the creation of a new trading venue with other asset managers, as U.S. regulators investigate the controversial practice of high-frequency trading.

  • Rhode Island's job growth better than estimated Thursday, 10 Apr 2014 | 2:52 PM ET

    PROVIDENCE, R.I.— New statistics show that Rhode Island job growth in the fourth quarter of 2013 was better than originally estimated. The state Department of Labor and Training said Thursday there were 2,100 more jobs in December than initially reported. Rhode Island's February unemployment rate was 9 percent.

  • PROVIDENCE, April 8- The U.S. Justice Department and Rhode Island on Tuesday agreed that federal officials will ensure that developmentally disabled residents of the New England state have the opportunity to work at real jobs where they earn at least minimum wage.

  • Lawmakers pushing reduced RI sales tax Tuesday, 8 Apr 2014 | 3:56 PM ET

    PROVIDENCE, R.I.— Two Rhode Island lawmakers are launching a push to lower the state's 7 percent sales tax in an effort they say will help the economy. Malik says Rhode Island businesses are at a disadvantage because Massachusetts and Connecticut have lower sales taxes. Rhode Island's sales tax generates $900 million a year.

  • CVS settles SEC investigation for $20 million Tuesday, 8 Apr 2014 | 3:05 PM ET

    CVS Caremark has finalized a $20 million settlement with the Securities and Exchange Commission over accusations that the company misled investors and used improper accounting to boost its performance several years ago.

  • The SEC, which announced the settlement on Tuesday, said CVS failed while marketing a $1.5 billion bond offering in September 2009 to disclose having recently lost significant Medicare and contract revenue streams in its pharmacy benefits manager business, including from the former Caremark Rx Inc that it bought in March 2007.

  • CVS to pay $20 mln to settle SEC charges Tuesday, 8 Apr 2014 | 1:22 PM ET

    April 8- CVS Caremark Corp agreed to pay $20 million to settle U.S. Securities and Exchange Commission charges that it misled investors about significant financial setbacks and used improper accounting to artificially boost its results. The Woonsocket, Rhode Island- based company did not admit or deny wrongdoing in agreeing to settle.

  • Vermont House bucks Shumlin, speeds wage hike Tuesday, 8 Apr 2014 | 10:57 AM ET

    MONTPELIER, Vt.— The Vermont House bucked the wishes of Gov. Peter Shumlin on Tuesday by calling for an increase in the state's minimum wage to $10.10 per hour starting in January, rather than 2017.. A January 2015 start date to $10.10 per hour would make Vermont the first state to break the $10 mark on its minimum wage.

  • Unemployment benefits bill headed to House Tuesday, 8 Apr 2014 | 3:37 AM ET

    They released their letter as the Senate voted 59-38 for the bill. The outlook remains cloudy, though, for legislation that took three months to move through the Senate. Jack Reed, D- R.I., and Dean Heller, R- Nev., the bill's leading supporters, said they were willing to consider changes in hopes of securing passage in a highly reluctant House.

  • WASHINGTON, April 1- Both the Lockheed Martin Corp and Austal versions of the U.S. Navy's new coastal warship performed well in a major war game last week and surprised some "enemies" with their capabilities, a top Navy admiral said on Tuesday.

  • WASHINGTON, April 1- Both the Lockheed Martin Corp and Austal versions of the U.S. Navy's new coastal warship performed well in a major war game last week and surprised some "enemies" with their capabilities, a top Navy admiral said on Tuesday.

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