Updated August 31 at 6:28pm
Government
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The R.I. Economic Development Corp. is urging the R.I. Superior Court to approve a proposed settlement in the ongoing 38 Studios LLC lawsuit, despite a recent legal objection that the state is calling “inflammatory.” more
Textron Inc. plans to restructure and align its businesses through employee reductions and facility consolidations, but no changes are planned for the company’s headquarters in Providence, a spokesman said Wednesday. more
Companies added workers to U.S. payrolls in August in line with projections, contributing to signs of a steady labor market, data from ADP Research Institute in Roseland, N.J., showed Wednesday. more
The U.S. Department of Health and Human Services on Wednesday announced $1 million in funding for Rhode Island to improve access to treatment for opioid-use disorders. more
Rhode Island’s capital city is one of the best college towns in the nation, according to College Rank. more
Consumer confidence increased to an almost one-year high in August as Americans became more optimistic about the labor market, according to a report from the New York-based Conference Board on Tuesday. more
CVS Health Corp., Apple Inc., Facebook Inc. and General Motors Co., the first U.S. automaker to have a female CEO, are among more than two dozen companies that added their names to a White House pledge to study gender pay gaps among their employees. more
First Southwest Co., a financial planning company, on Monday filed an objection to a $25.6 million settlement between the state and two other defendants in the ongoing civil lawsuit related to 38 Studios LLC. more
Rhode Island again is one of the least tax-friendly states, according to Kiplinger’s. more
Federal Reserve Chair Janet Yellen said the case to raise interest rates is getting stronger as the U.S. economy approaches the central bank’s goals. more
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