AGP Executive Report
Last update: an hour agoCVS Restructuring: Woonsocket-based CVS plans to split its retail pharmacy business from Aetna, Caremark and other health services by early 2028. Shares fell 13% after the announcement, despite stronger-than-expected quarterly earnings. Life Sciences: A $100,000 R.I. Life Science Hub award will fund an Ensemble Biosystems–URI project to develop automated biomanufacturing and give students hands-on industry training. Energy: Revolution Wind is now fully operational, supplying power to Rhode Island and Connecticut after years of delays and federal stop-work orders. State Funding: Rhode Island voters rejected a $100 million economic development bond amid concerns about subsidizing data centers, but approved a $165 million bond for URI’s health education building. Business Climate: Governor-elect Helena Foulkes is seeking ideas for her first 100 days as the state prepares for a change in leadership.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.