Updated February 9 at 6:24am
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Unemployment rates were lower in December than a year ago in 296 out of 387 metropolitan areas in the nation, including in the Providence-Warwick metro, where the rate dropped to 4.9 percent from 6.2 percent, the federal Bureau of Labor Statistics reported Wednesday. more
Service industries expanded in January at the slowest pace in nearly two years, raising the risk that persistent weakness in manufacturing is starting to creep into the rest of the U.S. economy. more
Randolph Bancorp last month announced it would conduct an initial public offering to raise money for future growth and its acquisition of a Boston-based bank. more
The Ocean State again fell into the “building equality” category in the Human Rights Campaign’s annual index that assesses the status of state legislation affecting lesbian, gay, bisexual and transgender equality across the nation. more
Gov. Gina M. Raimondo on Tuesday released a nearly $9 billion budget proposal that targets increased state investment in education and workforce preparation, as well as economic … more
The University of Rhode Island is launching a new, interdisciplinary undergraduate major in sustainable agriculture and food systems this fall, with an emphasis on coastal foods. more
The University of Rhode Island’s College of Business Administration is launching its first endowed professorship in finance thanks to a pledge of $500,000 from alumnus William H. Eigen. more
Social Enterprise Greenhouse is launching its first food accelerator cohort on Feb. 9, featuring 12 New England-based businesses selected for the program. more
Sensata Technologies Holding N.V. reported a 214.4 percent jump in profit in the fourth quarter, and 22.5 percent increase in profit overall in 2015. more
(Updated 2:09 p.m.) Mayor Jorge O. Elorza Tuesday announced a proposed restructuring of administrative city school staff, moving them into schools to better support students, parents and teachers. more
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