AGP Executive Report
Last update: 10 hours agoCVS Restructuring: Woonsocket-based CVS Health plans to split its retail pharmacy chain from Aetna, Caremark and its other health services by 2028. Shares fell 13% after the announcement despite stronger-than-expected quarterly earnings. Community Giving: Cathy Lawson and her late husband, Thomas, received Rhode Island’s 2026 Outstanding Philanthropic Citizens award. Their $3 million gift to the Rhode Island Community Food Bank in 2025 was its largest ever. Election Aftermath: Providence elected Democratic Socialist David Morales mayor, while Democrats gained four seats in the General Assembly. Voters rejected a $100 million economic development bond, with concerns about subsidizing data centers among the objections. Governor-elect Helena Foulkes is seeking residents’ ideas for her first 100 days. Offshore Wind: Revolution Wind is now fully operational, sending power to Rhode Island and Connecticut after years of delays and federal roadblocks. Housing: A new report paints a grim picture of housing in Southern Rhode Island, while an audit has raised questions about the state housing agency’s oversight of grants.
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.
Perspectify News
