Updated July 30 at 11:27am
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A Chinese drug manufacturer is investing $42 million in Nabsys, which recently completed a financial restructuring that allowed it to reopen in March after being out of business for nearly seven months. more
The Rhode Island Foundation has awarded more than $50,000 in grants to seven nonprofit organizations that assist and support the lesbian, gay, bisexual, transgender and queer communities of Rhode Island. more
Passenger traffic at T.F. Green Airport increased 5.1 percent over the year in June, to 317,417 from 301,890, and 4 percent through the first six months of the year, to 1,764,679 from 1,692,204. more
A little-noticed measure passed by Congress last year allows student-loan debt collectors to auto-dial borrowers on their mobile phones -- but a feared robocall deluge may turn out to be more of a trickle. more
A R.I. Superior Court judge this week decided to postpone the civil suit regarding 38 Studios LLC, as several pretrial motions are still pending. more
Profit at Textron Inc. rose 6 percent in the second quarter, and revenue climbed 8.1 percent. more
Rhode Island’s seasonally adjusted unemployment rate for June was 5.5 percent, an increase of one-tenth of a percentage point from May, according to data released by the R.I. Department of Labor and Training on Thursday. more
Rhode Island homeowners stand to save 14 percent, the second-highest savings in the United States, if they raise their home insurance premiums to $1,000 from $500, according to a study by insuranceQuotes.com. more
Cash collections climbed 2.1 percent through the first 11 months of the fiscal year, to $3.2 billion compared with $3.1 billion during the same fiscal period a year ago, the R.I. Department of Revenue said Thursday. more
A $476,854 federal Educational Talent Search grant for the Community College of Rhode Island was announced this week by U.S. Sens. Jack F. Reed and Sheldon Whitehouse and U.S. Reps. James R. Langevin and David N. Cicilline. more
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