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Demolition has begun at Rocky Point, launching the next phase of a $3.06 million project to restore and redevelop the property into a new coastal state park, the R.I. Department of Environmental Management said Wednesday. more
The Dow Jones Industrial Average climbed above 17,000 for the first time as data showed employers added more workers than projected in June and the European Central Bank disclosed details of its stimulus plans. more
KVH Industries Inc. on Thursday announced its $48.9 million acquisition of Videotel, a London-based company that provides e-learning services, training videos and distance-learning courses for the commercial maritime industry. more
USA Today has named Bryant University’s business school among the best in the country, based on rankings compiled by higher-education informational website College Factual. more
Employers added more workers than projected in June and the unemployment rate fell to an almost six-year low of 6.1 percent, underscoring a brighter U.S. labor market that will help spur the economy. more
The Massachusetts Gaming Commission on Wednesday unanimously voted not to delay the Boston-area casino licensing process until after voters decide the question of whether the 2011 law allowing casinos in the state should be repealed, the Associated Press reported. more
Attorney General Peter F. Kilmartin has filed a civil lawsuit in Providence County Superior Court against Gable Fitness Inc. d/b/a Gold’s Gym on behalf of customers who allege that owner David Walker solicited and accepted membership fees despite knowing the gym would soon close. more
Wright-Pierce, a water, wastewater and infrastructure engineering firm serving the New England market, has appointed John W. Braccio to succeed William E. Brown as president and CEO effective July 1. more
Travel + Leisure magazine has named Rhode Island’s Ocean House at Watch Hill the top-ranked resort hotel in the continental U.S., as well as the No. 5 hotel worldwide in the 2014 World’s Best Awards. more
Traci Butler and her husband cut out vacations after the U.S. recession five years ago. This week, the couple is taking their two boys on a weeklong trip that includes a July 4th visit to the nation’s capital, just a few weeks after touring Italy on their own. more
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