Updated July 1 at 1:01pm
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The world’s largest economy expanded more than previously projected in the first quarter as improved performance in trade and business investment more than made up for weaker consumer spending. more
(Updated 11:19 a.m.) Volkswagen AG has agreed to spend nearly $15 billion to get 480,000 emissions-cheating diesel vehicles off U.S. roads and placate regulators even as it struggles to devise an acceptable fix under an agreement with the U.S. government. more
Ocean State Job Lot will receive $7.8 million in state assistance to expand its distribution and logistics center at Quonset Business Park, if it moves ahead with the planned $49.1 million facility and creates more than 100 new jobs. more
A 36-year-old city man pleaded guilty in federal court on Friday to participating in conspiracies to operate large-scale marijuana grow facilities inside a converted Providence mill building, according to U.S. Attorney Peter F. Neronha. more
The Providence-Warwick-Fall River metropolitan area falls in the middle of the 40 largest metros nationwide for its home price growth over the year in April, Black Knight Financial Services said Monday. more
The deadline to apply for Polaris Manufacturing Extension Partnership’s Manufacturing Innovation Challenge has been extended to June 29. more
Self-serve, regular gasoline prices stayed the same this week in Rhode Island, while they rose 1 cent in Massachusetts, AAA Northeast said Monday. more
With a shared goal of keeping alive “American ingenuity,” a group of innovation and manufacturing leaders, including Todd Thomas of Tinker|Bristol, convened at the White House last week for a summit. more
(Updated 11:57 a.m. and 9:02 a.m.) For the second time in recent weeks, Carousel Industries Inc. has announced an acquisition. more
Thanks to the lowest gasoline prices in more than a decade, AAA Northeast is predicting record travel Independence Day weekend, with 43 million Americans expected to travel, including 2.2 million from New England. more
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