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Deepwater Wind LLC has announced it will develop the West Coast’s first offshore wind farm roughly 15 miles off Coos Bay, Ore., which could also become the world’s first commercial project to use floating foundation technology. more
Bank of America Corp.’s gaffe on U.S. stress tests has meant “tough consequences” for investors, CEO Brian T. Moynihan said Wednesday as his staff and directors regrouped to figure out what went wrong. more
The R.I. Public Transit Authority will detour 28 bus routes and temporarily relocate bus stops A, B, C and D in the downtown Providence area beginning at 7:30 p.m. on Oct. 30 through 10:30 a.m. on Oct. 31 in order to accommodate a visit by President Barack Obama. more
The Northeast regionally Consumer Price Index rose 1.6 percent on a non-seasonally adjusted basis during the 12 months ended in April, a less significant increase than the 2 percent jump in consumer prices nationally, according to a report from the U.S. Bureau of Labor Statistics. more
Rhode Island’s troubled labor market continued to impede momentum that in March had otherwise improved across several economic sectors, according to the Current Conditions Index report released Monday by University of Rhode Island economist Leonard Lardaro. more
The Providence College Corporation has offered a third five-year term to Providence College President Rev. Brian J. Shanley, beginning July 1, 2015. Shanley’s current term is set to expire on June 30, 2015. more
GTECH S.p.A. saw its total revenue decline 2 percent to €781.3 million ($1.08 billion based on the exchange rate of $1.38 per euro on March 31) during the first quarter of 2014, compared with €797.5 million ($1.1 billion) for the same period a year earlier. more
Rhode Island ranks second in the country for workplace safety, according to a report released Thursday by labor-union federation AFL-CIO that placed the Ocean State’s work-related fatality rate for 2012 at 1.7 per 100,000 workers. more
In 2013, Rhode Island fully met standards for quality in its state-supported early-learning program, according to “The State of Preschool 2013,” a report from the National Institute of Early Education Research. more
Rhode Island moved up 11 spots in a ranking of best states to retire in, compiled annually by personal finance website Bankrate.com. more
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