Updated March 29 at 12:29am
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Providence Business News has chosen the winners of the 2014 40 Under Forty competition, to be honored Thursday, July 24, at Salve Regina University’s Ochre Court in Newport. The men and women of the 2014 class were selected from more than 100 applicants, based on career success and community involvement. more
Unemployment in Rhode Island slid one-tenth of a percentage point in May to a seasonally adjusted 8.2 percent, down from 8.3 percent in April, the R.I. Department of Labor and Training reported Thursday. Last month also represented the first time since April 2013 that the state’s civilian labor force improved on both a month-over-month and year-over-year basis. more
Town selectmen have contracted Considine & Furey to help bring a resort casino to Somerset, agreeing to pay the Boston law firm 25 percent of first-year sums from licensed gaming, the Taunton Daily Gazette reported. more
Fewer Americans are filing applications for unemployment benefits, consumer confidence is rising and manufacturing is picking up as the world’s largest economy shows additional signs of strengthening. more
City Council President Michael Solomon Thursday proposed a new system for awarding property tax treaties for major land developments that does not include mayoral or council approval. more
More than half the people who bought insurance through new Obamacare exchanges were previously uninsured, according to a survey that runs counter to reports earlier this year. more
The average weekly wage in Providence County rose to $1,015 in the fourth quarter of 2013, a 2 percent increase over the same period the year earlier, the U.S. Bureau of Labor Statistics reported Thursday. more
The General Assembly voted Wednesday evening to raise Rhode Island’s minimum wage to $9 per hour beginning Jan. 1, 2015. more
U.S. stocks were little changed after the Standard & Poor’s 500 closed at a record Wednesday as the Federal Reserve promised to keep interest rates low amid signs of an economic recovery. more
Peter M. Marino, director of the R.I. Office of Management and Budget, has been named as the next CEO of Neighborhood Health Plan of Rhode Island. Merrill Thomas, chairman of Neighborhood’s board of directors, said Marino’s past experience both in and out of government was one determining factor in the board’s decision. more
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