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Rhode Island gas prices continue downward trend ahead of Labor Day

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Rhode Island gas prices continue downward trend ahead of Labor Day


PROVIDENCE — Gas prices across the Northeast continue to slide ahead of Labor Day amid a mix of both positive and negative economic reports.



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Toy giant Hasbro accelerates Boston move, begins hiring for new office – The Boston Globe

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Toy giant Hasbro accelerates Boston move, begins hiring for new office – The Boston Globe


The company — whose iconic brands include Monopoly, Scrabble, My Little Pony, Nerf, and Potato Head — had long been headquartered in Pawtucket, and will soon relocate operations to 400 Summer St. in Boston’s Seaport District, a 630,000 square-foot, 16-story laboratory building.

A view of 400 Summer St. in Boston.David L. Ryan/Globe Staff

The new space will be home to at least 700 full-time employees, who are expected to fully transition from Rhode Island to Boston by the end of 2026.

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A hiring push for the Boston office began in September, just after the toy maker announced it would leave its Pawtucket offices at 1027 Newport Ave. Some of the Boston postings were tagged as “company priority,” signaling urgency to fill those roles.

Hasbro’s relocation underscores the powerful allure of Boston’s vast talent pool and healthy corporate ecosystem. While Hasbro’s relocation will force Rhode Island to grapple with losing tax revenue, Pawtucket has long struggled to reinvent its downtown, which has plenty of vacant buildings, homelessness, and underperforming schools. Hasbro still owns its aging offices on Newport Avenue, and it’s unclear whether the company plans to lease or sell them, and when.

Andrea Snyder and Bertie Thomson, two spokespeople for Hasbro, could not be reached for comment. The company has not responded to state or city officials either.

“The State and City Commerce departments, in partnership with Governor [Dan] McKee’s office and Mayor [Don] Grebien’s office, have reached out to Hasbro numerous times – all calls, emails, and letters have gone unanswered,” said Grebien spokesperson Jennifer Almeida, in a statement to the Globe. “While we recognize that Hasbro is a private company and made the decision to leave, the lack of communication is frustrating.”

“We hope that Hasbro will work with us to ensure their employees are taken care of and that the property remains viable for future development,” Almeida said.

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Hasbro has been located in Rhode Island since its founding in 1923 by the Hassenfeld family. One of the few publicly traded companies based in Rhode Island, it employs roughly 5,500 people worldwide.


Alexa Gagosz can be reached at alexa.gagosz@globe.com. Follow her @alexagagosz and on Instagram @AlexaGagosz.





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Silver Alert canceled for missing man in Barrington

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Silver Alert canceled for missing man in Barrington


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BARRINGTON, R.I. (WPRI) — Police have canceled a Silver Alert for a 78-year-old man reported missing out of Barrington Thursday.

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Jeffrey Rockwell had been last seen in person on Wednesday, but police said his vehicle was spotted Thursday morning taking the Broadway exit off I-195 West.

Police located Rockwell Thursday around 8:30 p.m.

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Prime Healthcare withdraws bid for bankrupt Rhode Island hospitals owned by Prospect Medical – The Boston Globe

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Prime Healthcare withdraws bid for bankrupt Rhode Island hospitals owned by Prospect Medical – The Boston Globe


PROVIDENCE — Prime Healthcare Foundation has withdrawn its bid to acquire two Rhode Island hospitals owned by Prospect Medical Holdings, leaving the Centurion Foundation, a Georgia-based nonprofit that has struggled to secure financing, as the hospitals’ sole suitor.

Prime, which first publicly signaled interest in Roger Williams Medical Center and Our Lady of Fatima Hospital in early November, had been in talks with state officials and executives with California-based Prospect Medical Holdings. In late October, Prospect filed a motion in bankruptcy court to shut down the hospitals, a scenario state officials and health leaders said would destabilize Rhode Island’s entire health system.

Prime’s exit leaves The Centurion Foundation, which has struggled for months to finance a deal, as the sole remaining prospective buyer once again. Centurion has been unable to attract investors and is expected back in US Bankruptcy Court on Friday to update Chief Judge Stacey Jernigan on the status of their financing. Jernigan said in late November she was frustrated by Centurion’s continued inability to secure the necessary capital for a deal she approved in February.

“No one wants these closed,” said Jernigan during a court hearing on Nov. 24. “But, as I expressed last time, I’m beyond frustrated with Centurion.”

Rhode Island Attorney General Peter F. Neronha confirmed to the Globe Thursday morning that Prime advised him on Wednesday that they view the “collective hurdles presented by the proposed transaction as too big a challenge for them to take on at this time.”

“They wanted to see how the Centurion transaction played out,” said Neronha. “I told them that I understood, and I do.”

The collapse of Prime’s bid comes at a critical moment for Roger Williams Medical Center in Providence and Our Lady of Fatima Hospital in North Providence, two safety-net hospitals that care for many of the state’s most vulnerable, including the uninsured and many who are covered by public insurance. If Prospect is given approval by the court to shutter these hospitals, Rhode Island’s emergency departments would be overwhelmed, and other systems spread thin.

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Part of the reason Prime pulled out was because it would have had to assume existing labor contracts, according to Neronha.

Brad Dufault, a spokesman for United Nurses and Allied Professionals, which is the union represents many of the workers at the hospitals, told the Globe that with time quickly running out, the union is “pleased that the state can now keep the focus 100 percent on closing the Centurion deal.”

“Prime Health has an abysmal record here in Rhode Island and across the country – a record of greed, fraud and deceit,“ said Dufault. ”Rhode Islanders who need quality health care services dodged a major bullet by keeping them away from these important community hospitals.”

Prime owns and operates Landmark Medical Center in Woonsocket, where UNAP also represents workers.

Prime and Prospect have been in discussions over the last few weeks on how to address the nearly $90 million in post-bankruptcy petition expenses that either the buyer or the seller would be required to pay. Centurion has agreed to cover those expenses if they close their deal. It’s unclear if Prime was willing.

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Neronha said in a statement that Prime has been in discussions with his office and the Rhode Island Department of Health about “certain necessary commitments regarding capital improvements, assumption of existing labor contracts, preservation of existing lines of medical services, who would cover anticipated losses while they managed but did not yet own the hospitals, a management fee they would be paid (none versus how much), and more.”

Noel True, a spokesperson for Prime, could not be immediately reached for comment on Thursday.

Centurion’s executives recently warned the state that seeking an alternative buyer, like Prime, would spook investors and undermine their deal to acquire the hospitals, which was first approved by regulators in 2024. Centurion’s President Ben Mingle could not be immediately reached for comment.

This story has been updated with a comment from Brad Dufault.


Alexa Gagosz can be reached at alexa.gagosz@globe.com. Follow her @alexagagosz and on Instagram @AlexaGagosz.

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