AGP Executive Report
Last update: 4 hours agoHasbro’s Departure: The toy maker is moving its headquarters from Pawtucket to Boston’s Seaport. CEO Chris Cocks cited access to talent and flights, but his dismissive remarks about Pawtucket drew criticism. Housing Investment: Rhode Island voters will decide Nov. 3 whether to approve a $120 million bond for affordable housing and homeownership; funded projects could begin in 2028. Health Coverage: UnitedHealthcare is trimming its 2027 Medicare Advantage plans, affecting about 300 Rhode Islanders. Business and Jobs: Edesia has expanded its Rhode Island factory, with capacity to produce therapeutic food for up to 10 million children a year. A Greater Newport career fair on Nov. 5 will connect job seekers with 27 employers. Economic Outlook: A URI economist says Rhode Island is continuing to emerge from recession. Corporate Accountability: Rhode Island is the first state to sue Meta, alleging the company profited from scam ads on its platforms; Meta says it removes millions of such ads.
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