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The Rhode Island-based pharmacy chain CVS has opened its very first store in Washington State. 

The pharmacy is located in the city Renton, which is about 10 miles outside Seattle.  It’s the first of three pharmacies CVS hopes to open in the Seattle area this year.

The store is the first in the country to open, tobacco-free, since the company’s announcement it would phase out tobacco products at all stores by this fall.

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CVS Health

Second quarter financial results from the Woonsocket-based pharmacy chain CVS Caremark have beat analyst expectations. That’s due in part to new specialty pharmacy business and the opening of more in-store clinics.

Rhode  Island hotels and restaurants are doing more  business lately. And that's good news for their businesses and state coffers.

That's the subject of this week's Bottom Line. The Providence and Warwick Visitors Bureau's Martha Sheridan joins Rhode Island Public Radio's Dave Fallon, along with Providence Business News editor Mark Murphy to do the numbers.

When to Listen

You can hear The Bottom Line each Friday at 5:50 pm.

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Dave and Mark talk with Giovanni Feroce formerly of Alex + Ani and now starting a new lifestyle product line by reviving the BENRUS brand. They discuss the new product line: how it was started, its immediate future and the potential for manufacturing products in Rhode Island.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

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A new report finds defense workers are being paid the highest wages in Rhode Island. The state’s Defense Economy Planning Commission released the report, which focused on the industry’s economic impact last year.

It finds there are 16,000 defense workers in the state. Commission co-chair Senator Louis DiPalma said those jobs support other jobs.  “The 1.5 multiplier. So for every one job, there’s 1.5 additional jobs that can be multiplied by that. That’s a big deal,” said DiPalma.

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