Updated December 5 at 12:29am
Local News
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Purchases of new homes dropped more than forecast in January as contract signings slumped in the western U.S. by the most since May 2010. more
The four-year high school graduation rate in Rhode Island rose by 2 percentage points to 83 percent for the Class of 2015, according to a news release from Gov. Gina M. Raimondo and the state Department of Education. more
ShapeUp, a provider of corporate well-being solutions, has been acquired by Virgin Pulse, part of Sir Richard Branson’s Virgin Group. more
(Updated, 4:48 p.m.) Pointing to the currency crisis in Europe and China’s economic slowdown, Rhode Island’s general treasurer says volatility in the financial markets contributed to the 0.28 percent loss on the state’s pension investments last year. more
Summer Infant Inc. saw its loss widen significantly in its full-year and fourth-quarter earnings report released Wednesday, in a year that was marked by a lawsuit involving former executives. more
The housing market continued its year-long rise in January, ending the month with a nearly 10 percent increase in median sale price among single-family homes, according to the Rhode Island Association of Realtors. more
The Council on Postsecondary Education set up an 11-member presidential search committee for Rhode Island College at its meeting Wednesday night. more
HealthSource RI said 36,004 individuals have signed up for coverage through the exchange as of Feb. 20, a 0.5 percent increase from the week before. more
(Updated 3:43 and 4:38 p.m.) The R.I. Commerce Corp. board on Monday approved a new loan program designed to benefit small businesses, approving $5.4 million in state funds for four development organizations and three micro lenders. more
Providence is one of the worst state capitals to live in in the country, according to WalletHub’s latest survey. more
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