AGP Executive Report
Last update: 6 hours agoHealthcare: CVS agreed to pay $315 million to resolve federal allegations that it improperly filled opioid prescriptions and sought reimbursement for them. Senior Care: Pawtucket-based Nursing Placement and Health Concepts bought the 71-bed Crystal Lake nursing home in Pascoag, adding to its Rhode Island operations. Air Travel: T.F. Green’s primary runway has returned to normal operations after months of rehabilitation; final work is expected to wrap up by year-end. Jobs: Hasbro’s planned 2027 move from Pawtucket to Boston puts 587 Rhode Island positions at risk. Energy: The Trump administration is again seeking to revoke approval for Revolution Wind, raising uncertainty for a major New England power project. State Finances: Rhode Island’s tax amnesty begins Dec. 3, waiving penalties and cutting interest by 25%. Higher Education: URI reports an $8.1 million budget gap and is asking the state for more funding. Business Support: Rhode Island Commerce is accepting applications for its Innovation Voucher grants.
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