Updated March 5 at 6:05pm
Local News
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The Los Angeles-based 2014 Craft Spirits Awards International Competition has awarded gold medals to the Sons of Liberty American Craft Distillery for two of its whiskeys. more
A report released Thursday by gun-violence prevention group Everytown for Gun Safety found that Rhode Island is among 12 states that have reported fewer than 100 records to the National Instant Criminal Background Check System designed to help keep individuals considered dangerously mentally ill from purchasing guns. more
U.S. retailers’ first-quarter earnings are trailing analysts’ estimates by the widest margin in 13 years after bad weather and weak spending by lower-income consumers intensified competition. more
Alex and Ani LLC will cut nine jobs from its Seven Swords Media unit as it prepares to turn over much of its marketing work to an external advertising agency. The jewelry manufacturer said earlier this week it had selected MODCo Group of New York as its advertising agency of record following a search that was completed in April. more
Rhode Island restaurants will see a 15.7 percent increase in employment during the 2014 summer season, according to a report released Thursday by the National Restaurant Association. more
Purchases of new U.S. homes rose in April for the first time in three months as buyers took advantage of falling mortgage rates. more
General Electric Co. agreed to a French government request to extend by three weeks the deadline for its planned $17 billion purchase of Alstom SA energy units. more
HealthSource RI, Rhode Island’s state-run health insurance exchange, will seek $4.6 million from the state government for fiscal year 2015, Executive Director Christine Ferguson said Thursday. more
The R.I. Commerce Corporation released an action report earlier this week outlining specific economic development initiatives designed to improve Rhode Island’s business climate, create jobs and lower unemployment. The report, “Actions for Economic Development in Rhode Island,” advocated building on Rhode Island’s native economic advantages. more
Red Sox owner John W. Henry, who purchased The Boston Globe and the Worcester Telegram & Gazette from The New York Times Co. for $70 million last year, has sold the Telegram & Gazette to Halifax Media Group of Dayton Beach, Fla., the paper reported Wednesday. more
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