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More Rhode Island Business Headlines


CVS executive criticizes ‘egregious’ pricing of obesity drugs

CVS Health Corp.’s chief medical officer said the cost of buzzy new medicines for weight loss and diabetes has gotten out of control.


Can R.I.’s Washington Bridge westbound be repaired? A draft report raises doubts.

A draft report from an engineering firm working for the state of Rhode Island says repairing the bridge would have limited viability and carry risks. It includes new details about the deficiencies found.


RIPTA increases pay for drivers in effort to deal with shortage

The Rhode Island Public Transit Authority has reached an agreement with its drivers’ union that officials hope will offer relief from looming service cuts.


Providence mulls ban of short-term rentals, like Airbnbs, in some areas of the city

A new housing project won approval from one city board, as long as its 58 units never become short-term rentals. The city’s planning chief says that could become the new standard.


Pre-demolition of beleaguered Lighthouse Inn has begun in Narragansett

The vacant hotel, which is often referred to by a previous name, the Dutch Inn, has been the subject of a long running political and legal battle.


New lanes to ease traffic over Rhode Island’s Washington Bridge

The state Department of Transportation will open new lanes of travel in both directions on the I-195 bridge in Providence. But it will take about eight weeks for the extra lanes to be up and running.


RIDOT closes Cahoone Road Bridge in Coventry due to ‘serious deficiencies’

Issues were found this week after an inspection prompted by heavy January rains. It’s not clear whether the bridge can be repaired or must be replaced, and drivers now must travel a miles-long detour on dirt roads.


A closer look at the merger between Rhode Island PBS and The Public’s Radio

A search for a new president, the interim CEOs, a new board of directors, a possible relocation, talk of retention bonuses, and more.