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Raytheon Co., the world’s largest missile maker, said second-quarter sales fell 6.8 percent as all four of its divisions reported declines. more
Global Finance magazine has named commercial property insurer FM Global the “World’s Best Supply Chain Risk Insurance Provider” for a third consecutive year. more
Foreclosure starts in Massachusetts nearly doubled in June, according to The Warren Group’s report released Wednesday. more
Credit market trading is drying up, posing a threat to the stability of the financial system that regulators are ignoring, according to strategists at Royal Bank of Scotland Group PLC in London. more
As part of the Providence’s recent zoning code revision, Mayor Angel Taveras said Wednesday the city will create a new Historic Landmarks District to aid preservation of historic properties that reflect the city’s cultural and architectural history. more
The Federal Reserve may have scope to keep interest rates at zero for longer than investors anticipate as inflation stays muted and a 2014 slowdown prolongs the labor-market recovery, the International Monetary Fund said. more
The Governor’s Workforce Board has awarded a total of $1.1 million in Industry Partnership grants to eight groups with proposals aimed at addressing the skills gap in Rhode Island. more
The University of Massachusetts Dartmouth has raised $1.5 million for the expansion of the Charlton College of Business, securing an additional $3 million donation from the Charlton Trust for the $15 million project. more
Providence Business News has announced the winners in its third annual Healthiest Employers recognition program. The 32 finalists, which were chosen based on scores in six wellness categories by Healthiest Employers Inc., which does similar surveys across the nation. more
Mayor Angel Taveras on Wednesday announced that Providence is among four U.S. cities piloting a national Summer Youth Employment and Financial Capability Project this year for 361 city youth ages 14 to 21. more
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