Updated May 26 at 10:26am
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Rhode Island lost 1,600 construction jobs year over year in June, ranking it second-to-last among the states and the District of Columbia for construction employment, according to the Associated General Contractors of America. more
A malfunctioning mail-sorting machine caused social security numbers of as many as 832 unemployment insurance customers to be misdirected and sent to the wrong employers or customers. more
Miriam Hospital and Newport Hospital tied for first place in U.S. News & World Report’s best regional hospitals ranking released on Tuesday. more
Modular Thermal Technologies LLC has acquired Florida-based Life Wear Technologies Inc., a sports medicine product company, for an undisclosed price, and the CEO expects to hire 100 additional employees over the next three years. more
The second annual Blount Culinary Summit on food industry trends and challenges is convening Thursday at the Newport Marriott. more
Citizens Financial Group Inc. reported a 39.3 percent drop in net income and 15.7 percent decline in total interest and non-interest revenue in its second-quarter earnings report released Tuesday. more
Amgen Inc. won approval in the European Union for its drug Repatha, the first regulatory clearance for a new class of powerful cholesterol-lowering drugs. more
When the George W. Bush Institute commissioned Nobel-winning economist Edward Prescott to analyze its proposal to generate 4 percent annual growth for the U.S., the famously pro-free-market Prescott replied that a target of 3 percent was better for the long run. more
Mass. Secretary of State William Galvin launched an investigation into the sale of dozens of mutual funds this week, saying the products – often referred to as “hedge funds for the masses” – pose risks that the average investor may not grasp. more
A father-and-daughter wealth management duo last week announced the recent acquisition of Auclair & Auclair LLP. more
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