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Rhode Island

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  • BOSTON— The casino gambling industry is off and running with the recent opening of the Plainridge Park Casino in southeastern Massachusetts. Gambling revenues from the Plainville slots parlor are flowing daily into the state coffers, though the Massachusetts Gaming Commission cautions it's too early to say whether revenues will meet projections.

  • Foundations for first US offshore wind farm head for RI Thursday, 2 Jul 2015 | 11:04 AM ET

    PROVIDENCE, R.I.— Five massive structures that will be attached to the ocean floor for the nation's first offshore wind farm are coming to Rhode Island. Deepwater Wind is building a five-turbine wind farm off Block Island, with the ability to power 17,000 homes as early as next year. Grybowski said he's anxious to see the first one touch the seabed— or, as it's known in...

  • NEW YORK, July 1- Two years after New York socialite Brooke Astor died in 2007, her son, Anthony Marshall, was convicted of bilking her of millions of dollars. Three states, most recently Missouri, have enacted laws that allow retail brokers to help curb scams against people with dementia. More than five million Americans over the age of 65 have Alzheimer's disease,...

  • NEW YORK, July 1- Two years after New York socialite Brooke Astor died in 2007, her son, Anthony Marshall, was convicted of bilking her of millions of dollars. Three states, most recently Missouri, have enacted laws that allow retail brokers to help curb scams against people with dementia. More than five million Americans over the age of 65 have Alzheimer's disease,...

  • WEST WARWICK, R.I.— The first phase of construction for a scaled-down memorial at the site of a nightclub fire that killed 100 people is set to begin, and the head of the nonprofit group that has worked for years to build it says it expects to complete it by the spring. The Feb. 20, 2003, fire was sparked by pyrotechnics for the band Great White that set fire to flammable...

  • Census data show commuters in the Providence- Warwick area who took public transportation in 2013 spent an average of 59.5 minutes commuting to work, compared to 57.7 minutes in the Las Vegas area, for instance, and 36 minutes in Rochester, New York. Public transit commutes in the Providence- Warwick area also were higher than the national average of 48.7 minutes,...

  • Connecticut surgery centers worried about tax proposal Wednesday, 24 Jun 2015 | 2:38 PM ET

    HARTFORD, Conn.— Operators of surgery centers across Connecticut are working to persuade state lawmakers to scrap a new tax in the Democratic budget they claim will prompt some facilities to close. The Connecticut Association of Ambulatory Surgery Centers says about 15 of the group's 61 member centers will be forced to close if the 6 percent "provider tax"...

  • Panel gives weak endorsement of new meningitis shots Wednesday, 24 Jun 2015 | 12:44 PM ET

    NEW YORK— A federal panel gave a weak endorsement Wednesday to two expensive meningitis shots, declining to recommend that all teens get the vaccine and leaving the decision to parents and doctors. At a meeting in Atlanta, the panel approved a half-measure that says older teens and young adults may get the shots— if they and their parents want to take that step.

  • Massachusetts' first slots parlor is open for business Wednesday, 24 Jun 2015 | 2:03 AM ET

    PLAINVILLE, Mass.— Massachusetts jumped into the casino game Wednesday as the state's first slots parlor opened for business to a large and eager crowd of gamblers. state Gaming Commission Chairman Stephen Crosby declared, calling it a "momentous" day for Massachusetts, which became the 40th state to offer casino gambling. Massachusetts has been lagging way...

  • Attack gave China hackers access to US systems Sunday, 21 Jun 2015 | 12:00 AM ET
    Cyber security hacking

    Chinese intruders executed attack that gave them "administrator privileges" into networks at the Office of Personnel Management. The NYTimes reports.

  • June 9- A Rhode Island state judge on Tuesday approved a settlement that would end litigation over a sweeping 2011 public pension overhaul that garnered national attention. The settlement was not the "perfect solution," but was "fair, reasonable and adequate," wrote Superior Court Judge Sarah Taft-Carter in a decision. Rhode Island's changes, championed by then...

  • June 8- When Christel Shea was trying to book a trip from Providence, Rhode Island to Greenville, South Carolina a couple of weeks ago, it took more than one online search for her to identify that the best buy was to fly into Charlotte, North Carolina and rent a car for the hour-long drive. Shea, managing director of the group tour research site TourMatters.com, used a...

  • TOKYO, May 25- Asian shares got off to a lackluster start on Monday, after rising inflation and a hawkish tone from the U.S. Activity was likely to be thin this session, as UK and U.S. markets are shut on Monday for the Spring Bank Holiday and Memorial Day respectively. MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.1 percent in early trade.

  • Sea urchin haven disturbed by Santa Barbara oil spill Saturday, 23 May 2015 | 8:00 AM ET

    LOS ANGELES, May 23- Stephanie Mutz makes a living plucking sea urchins from the Santa Barbara coast and selling the prickly treasure to upscale restaurants in Southern California. "That was one of my predominant fishing spots, so I just have to think of a Plan B," said Mutz, who supplies restaurants from Santa Barbara to Orange County, including the Michelin- starred...

  • NEW YORK, May 22- U.S. If it continues, they will be ready to move later on this year, "said Todd Hedtke, vice president of investment management with Allianz Investment Management in Minneapolis. Fed Chair Janet Yellen, in a speech to a business group in Providence, Rhode Island, said a rate increase would be appropriate this year if the economy shows further...

  • WASHINGTON, May 22- Rising shelter and medical care costs boosted underlying U.S. inflation pressures in April, a welcome sign for the Federal Reserve as it contemplates raising interest rates this year. "It will give the Fed greater confidence that inflation will indeed make it to its target in the next couple of years, it increases the odds of faster Fed action,"...

  • Making headway in labor market: Pro Friday, 22 May 2015 | 2:03 PM ET
    Making headway in labor market: Pro

    Discussing investment strategies after Fed Chair Janet Yellen discussed the outlook for the U.S. economy, with CNBC contributor Jared Bernstein, and Ward McCarthy, Jefferies & Company.

  • Street wanted more from Yellen, got same old Friday, 22 May 2015 | 1:49 PM ET
    Federal Reserve Bank Board Chair Janet Yellen.

    Fed Chair Janet Yellen stuck to her script Friday, even though traders had hoped a jump in consumer prices would force her to give a nod to the improved inflation data.

  • Stock strategy after Yellen comments Friday, 22 May 2015 | 1:42 PM ET
    Stock strategy after Yellen comments

    Fed Chair Janet Yellen remarked on economic conditions going into the second half of the year. Hugh Johnson of Hugh Johnson Advisors, and Darin Richards, AKT Wealth, react to her remarks.

  • WASHINGTON/ PROVIDENCE, May 22- Federal Reserve Chair Janet Yellen on Friday said she expected the central bank to raise interest rates this year, as the U.S. economy was on course to bounce back from a sluggish first quarter and headwinds at home and abroad waned. In a speech to a business group in Providence, Rhode Island, Yellen said she expected economic data to...