Updated February 6 at 6:25am
Local News
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Toxic chemical releases increased 26.9 percent in Rhode Island in 2014 compared with 2013, according to Toxic Release Inventory data released by the U.S. Environmental Protection Agency this week. more
Federal Reserve officials left interest rates unchanged and said they still expect to raise borrowing costs at a “gradual” pace while watching to see how the global economy and markets impact the U.S. outlook. more
Rob Britton, who spent two decades with American Airlines Group Inc., is unapologetic in defending the profits his former employer and other U.S. carriers are making. Sure, fuel’s cheap, but what company cuts prices as soon as its costs shrink? more
Textron Inc.’s profit rose in the fourth quarter and in 2015, while revenue slipped during the same periods, the company reported on Wednesday. more
Purchases of new homes in the U.S. surged in December to the highest level in 10 months, closing out the best year for housing since 2007. more
A former Smithfield resident bequeathed $6.8 million to the Audubon Society of Rhode Island and The Nature Conservancy’s Rhode Island chapter for land and water conservation, the largest single donation in ASRI’s 117-year history. more
Massachusetts had the highest number of single-family home sales in December since 2004, The Warren Group, publisher of Banker & Tradesman, said Wednesday. more
Rhode Island had the second-highest job growth in New England last year with a 1.8 percent gain, behind only Massachusetts, which reported 2.1 percent growth, according to the R.I. Department of Labor and Training. more
The state’s housing market rebounded in 2015 to its largest volume of single-family sales in a decade, according to statistics released Wednesday by the Rhode Island Association of Realtors. more
Despite a drop in fourth-quarter net income, Washington Trust Bancorp Inc. reported record-breaking 2015 profit totaling $43.5 million, or $2.54 per diluted share, which is a 6.5 percent increase compared with 2014’s results. more
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