Updated March 27 at 6:35pm
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The Washington Trust Co. moved to the top of the list in profits in 2013 among 10 Rhode Island-based banks, while the previous year’s most profitable, RBS Citizens Financial Group, dropped to the bottom, according to the latest Federal Deposit Insurance Corp. industry report. more
The Providence Business News Executive Poll is a weekly survey of 70 business leaders throughout the state, representing small and large companies in a variety of industries. more
The R.I. Science & Technology Advisory Council has awarded more than $800,000 in grants to seven teams of researchers for projects on climate change and marine issues, as well as development of communications to bring those issues to the public, Gov. Lincoln D. Chafee announced Friday. more
Court-ordered settlement talks between the state and Rhode Island public employees and retirees over cuts in pension benefits have broken down, sending the dispute to trial, both parties in the case said Friday. more
Consumer confidence rose in April to the highest level since July, boosted by further improvement in the labor market that will provide some traction for the economy after a weather-related slowdown early this year. more
While New England’s unemployment rate as a whole remained relatively stable in 2013, Rhode Island’s rate was the highest in the region and among the highest nationally, according to U.S. Bureau of Labor Statistics data released on Friday. more
Investment strategies that use computer models to decide when to buy and sell securities based on historical market trends are usually unsupported scientifically because of back-testing … more
Producer prices in the U.S. rose more than forecast in March, led by the biggest gain in the cost of services in four years. The 0.5 percent advance in the producer-price index was the biggest since June. more
Seven Rhode Island physicians are among 4,000 doctors and organizations nationwide who received at least $1 million in Medicare reimbursements in 2012, according to an unprecedented and controversial set of data released this week. more
The price for a gallon of gasoline averaged $3.53 in Rhode Island for the first three months of 2014, according to an analysis by GasBuddy.com. more
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