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Stonehill names new leader
Stonehill College’s Board of Trustees voted Friday to name the school’s current vice president for student affairs, the Rev. John Denning, its 10th president, succeeding current president, the Rev. Mark T. Cregan, who will step down at the end of June after 13 years in the job. more
| 5/17/13
R.I. sees 3rd-highest construction job contraction in April
During the past year, construction employment in Rhode Island fell nearly 9 percent, or 1,400 jobs, according to the Associated General Contractors of America. more
Next deadline approaching for Betaspring hopefuls
Betaspring is reminding would-be entrepreneurs that the early application deadline for its fall accelerator session in Tuesday, May 21, with the final deadline coming on June 12. more
| 5/17/13
U.S. stocks advance as leading indicators, sentiment gauges rise
U.S. stocks advanced, putting the Standard & Poor’s 500 Index on track for its fourth straight week of gains, as gauges for leading indicators and consumer sentiment advanced more than estimated. more
WaterFire looks to region for help designing sustainable future
WaterFire Providence is asking its supporters for help in an “unusual” way. The nonprofit organization was recently named one of 14 semifinalists in the ArtsFwd 2013 Business Unusual National Challenge, and it’s looking for online votes to help it come out on top. more
Even with jobless rate drop, R.I. stays No. 6 in U.S. at 8.8%
Despite the three-tenths of a percentage point decline in its unemployment rate in April, to 8.8 percent, Rhode Island still has the sixth-highest jobless rate in the nation, according to data released Friday by the U.S. Bureau of Labor Statistics. more
| 5/17/13
Bike link re-established between East Side, East Providence
Just in time for Bike to Work Day, the R.I. Department of Transportation, in partnership with the Blackstone Valley Tourism Council and the Narragansett Bay Wheelmen, announced Friday the establishment of a new bike route that preserves the connection between Providence and East Providence despite the Washington Bridge Bikeway closure. more
Velocity achieved in U.S. as growth for 2 years seen in poll
The U.S. economy will continue to recover until at least 2015 without tumbling into a recession, achieving the sustained growth that has eluded it since the last slump ended four years ago, according to a Bloomberg poll. more
Jobless rate drops to 8.8% in April, as workforce contracts more
Rhode Island’s unemployment rate fell to 8.8 percent in April, the 10th consecutive monthly drop in the jobless rate and the lowest it has been since October 2008, the R.I. Department of Labor and Training said Thursday. more
R.I. Foundation hits record for assets as it expands reach
The Rhode Island Foundation ended the year with a record $678 million in asset, an increase on its 2011 year-end asset total of $604 million, thanks in part to a 13.1 percent return on its investments, according to its recently released annual report. more
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