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Rhode Island


  • RI's Bryant gets $1M gift from Hasbro official Tuesday, 23 Oct 2012 | 11:17 AM ET

    SMITHFIELD, R.I.-- Bryant University has received a $1 million gift from the foundation established by the chairman of the Hasbro toy company's executive committee to support the work of the school's Institute for Public Leadership.

  • Unemployment rates in US states, at a glance Friday, 19 Oct 2012 | 3:38 PM ET
  • Gunman kills 3, self in Florida salon shooting Friday, 19 Oct 2012 | 8:14 AM ET

    CASSELBERRY, Fla.-- A gunman opened fire at a central Florida beauty salon Thursday, killing three women and wounding the manager, who had asked for a restraining order against him, police said.

  • RI unemployment rate down for fifth straight month Thursday, 18 Oct 2012 | 4:12 PM ET

    PROVIDENCE, R.I.-- Rhode Island's unemployment rate fell in September for the fifth straight month to its lowest level in three-and-a-half years. The state Department of Labor and Training reported Thursday the jobless rate fell to 10.5 percent, down from 10.7 in August.

  • Lawsuit: Aspen Dental clinics operating illegally Thursday, 18 Oct 2012 | 4:11 PM ET

    ALBANY, N.Y.-- Aspen Dental Management and the private equity firm that controls it illegally operate dental clinics across the country and engage in aggressive, misleading profit-driven practices that cause patients economic harm, claims a federal lawsuit filed Thursday in New York.

  • NJ jobless rate inches down to 9.8 percent Thursday, 18 Oct 2012 | 3:40 PM ET

    TRENTON, N.J.-- New Jersey's unemployment rate ticked down a notch to 9.8 percent in September, even as the state shed 1,200 jobs for the month.

  • Betaspring, universities to boost entrepreneurship Wednesday, 17 Oct 2012 | 11:27 AM ET

    PROVIDENCE, R.I.-- A Providence- based start-up incubator said Wednesday it is partnering with two local universities and the business community in an effort to boost entrepreneurship in Rhode Island, where the economy continues to struggle.

  • Armed posse patrols timber land in sheriff's place Wednesday, 17 Oct 2012 | 10:45 AM ET

    Instead, some folks in Josephine County, larger than the state of Rhode Island, are taking matters into their own hands _ mounting flashing lights on their trucks and strapping pistols to their hips to guard communities themselves. Others have put together a virtual neighborhood watch, using Facebook to share tips and information.

  • Textron 3Q profit rises 6 pct on helicopter demand Wednesday, 17 Oct 2012 | 9:33 AM ET

    PROVIDENCE, R.I.-- Textron Inc. said Wednesday that its third-quarter net income rose 6 percent on higher demand for Bell helicopters and a strong performance from its industrial unit. Excluding income from discontinued operations, Textron earned 48 cents per share.

  • $110M in fed funds announced for TF Green Tuesday, 16 Oct 2012 | 2:56 PM ET

    WARWICK, R.I.-- Rhode Island officials have announced $110 million in federal funds to pay for a runway extension project at T.F. Green Airport in Warwick. Lincoln Chafee, Warwick Mayor Scott Avedisian, and the interim head of the Rhode Island Airport Corporation, Peter Frazier, discussed the plan Tuesday afternoon at a news conference at the airport.

  • RI Foundation to invest $1M to boost economy Tuesday, 16 Oct 2012 | 10:20 AM ET

    PROVIDENCE, R.I.-- The Rhode Island Foundation plans to spend $1 million on economic development initiatives brainstormed during a summit last month on ways to fix the state's struggling economy.

  • CVS to pay $5M to settle drug pricing allegations Monday, 15 Oct 2012 | 6:11 PM ET

    WASHINGTON-- The Department of Justice said Monday that a unit of CVS Caremark Corp. has agreed to pay $5.25 million to settle allegations that it reported false information on prescription drug prices to the government's Medicare program.

  • RI men charged in theft of AC units worth $500k Monday, 15 Oct 2012 | 3:44 PM ET

    PROVIDENCE, R.I.-- Police in Rhode Island say they've made arrests in a half million dollar theft of air conditioning units from a Wal-Mart store. Woonsocket police said Monday that Larry Bates Sr. and Jesse Marinaro of Johnston and Matthew Bruckschen of Woonsocket are charged with conspiracy and larceny in connection with the April theft.

  • Items from Schilling's co. shown before auction Monday, 15 Oct 2012 | 2:55 PM ET

    The company is selling off all its assets in separate auctions planned for Tuesday in Maryland and next week at the company's downtown Providence, R.I., headquarters, where Schilling's team was working on the "massively multiplayer online game" that was critical for 38 Studios' success.

  • 4 college savings plans get top Morningstar honors Monday, 15 Oct 2012 | 2:21 PM ET

    BOSTON-- College savings plans offered through the states of Alaska, Maryland, Nevada and Utah earned top marks from Morningstar Inc. in the company's annual update to ratings of so-called 529 plans.

  • URI professor sees 'real strength' in economy Monday, 15 Oct 2012 | 1:20 PM ET

    PROVIDENCE, R.I.-- A Rhode Island economist says he sees some "real strength" and possible momentum in the state's economy. University of Rhode Island Professor Leonard Lardaro said in his "Current Conditions Index" report for August that the state economy seems to be gaining momentum, along with the U.S. economy.

  • RI gas prices drop 2 cents Monday, 15 Oct 2012 | 11:48 AM ET

    PROVIDENCE, R.I.-- Gasoline prices in Rhode Island have dropped by two cents in the past week. Costs for fuel in Rhode Island have dropped four cents in the past month. A year ago, gas cost $3.55 a gallon in Rhode Island.

  • RI collects $4.1M through tax amnesty program Monday, 15 Oct 2012 | 11:46 AM ET

    PROVIDENCE, R.I.-- A tax amnesty program in Rhode Island has generated more than $4.1 million in payments from people behind on their taxes. The state Division of Taxation said Monday that it has received 1,933 applications since the amnesty period began Sept. 2.

  • Contaminated lot in Providence turned into nursery Friday, 12 Oct 2012 | 3:02 PM ET

    PROVIDENCE, R.I.-- A nonprofit that promotes urban ecology in part through environmental job training has transformed a contaminated lot in Providence into a nursery with 300 trees. Groundwork Providence on Friday morning marked the opening of the Hope Tree Nursery in the city's Elmwood section.

  • RI treasurer hails successful $81M bond sale Thursday, 11 Oct 2012 | 11:47 AM ET

    PROVIDENCE, R.I.-- Rhode Island officials say a recent sale of state general obligation bonds shows investor confidence in the state. Lincoln Chafee announced Thursday the state sold $81.4 million in bonds at an interest rate below 3 percent. The bond sale comes after the state saved $7 million in April by selling bonds to refinance $122.9 million in debt.