Local News
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Gasoline prices dropped 4 cents in Rhode Island this week and 3 cents in Massachusetts, according to the weekly survey by AAA Southern New England. more
Sensata Technologies Holding NV plans to buy Schrader International Inc. from Madison Dearborn Partners LLC for an enterprise value of $1 billion to expand in sensors that warn against low tire pressure. more
With the drop of Rhode Island’s unemployment rate in July to 7.7 percent, the state no longer claimed the highest jobless rate in the country for the first time since October, the U.S. Bureau of Labor Statistics reported Monday. more
“Wet Paint,” a fundraiser predicated on selling just-made art, raised $101,000 for the Newport Art Museum last weekend, with a record-breaking 564 pieces of art donated for sale in silent and live auctions. more
The cost for a middle-income family to raise a child born last year to age 18 is $245,340, a 1.8 percent increase from the previous year and the smallest jump since the financial crisis, according to the government. more
When President Barack Obama visits Rhode Island later this month, he will dine on local and regional cuisine created by one of the state’s top chefs. more
Citizens Financial Group Inc., the U.S. arm of Royal Bank of Scotland PLC, plans to hire more than 550 people in its consumer business for mortgages, small business and auto financing over a two-to-three year period. more
Scaffolding has been erected on the Westminster Street side of 111 Westminster St., also known as the Superman Building, as the owner, High Rock Westminster Street LLC inspects the façade of the historic 26-story art deco tower with an eye to needed repairs. more
American consumer confidence unexpectedly declined in August to a nine-month low, repressed by gloomy wage perceptions. more
The Governor’s Workforce Board is conducting a comprehensive survey of employers as summer winds to a close as part of its work on the state’s second Biennial Employment and Training Plan. more
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