Updated May 28 at 11:27pm
Local News
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(Updated 2:40 p.m., 3:48 p.m. and 6:20 p.m.) Citizens Financial Group Inc. will build a new 420,000-square-foot corporate campus on the west side of Interstate 295 in Johnston to consolidate more than 3,200 employees in 2018. more
A $9 million federal grant to build a new travel plaza and welcome center at Exit 1 off Interstate 95 in Hopkinton was announced Monday by the state’s congressional delegation as well as Gov. Gina M. Raimondo. more
The path to freedom from student debt is a long, winding, and arduous one with no end in sight for millennials. A new survey conducted online in February by research agency TNS on behalf of Citizens Bank found 59 percent of those polled have “no idea” when they will be able to pay back their student debt. more
The City Council on Thursday approved a resolution calling on the Board of Investment Commissioners to move forward with divestment of city investments from fossil fuel companies. more
Gov. Gina M. Raimondo is asking the business community to “double down” its investment into the Ocean State economy, saying the state has garnered momentum and indicators are beginning to point in the right direction. more
Providence Business News received first-place honors for Best Mobile Application design and best Transportation Reporting story in the New England Newspaper & Press Association’s 2016 Better Newspaper Competition. more
Thanks largely to general revenue exceeding estimates and state agencies spending under budget in fiscal 2015, Rhode Island has a surplus for the year that is $46.4 million larger than anticipated, bringing the total for the year to $166.4 million, according to an analysis done by the Rhode Island Public Expenditure Council. more
Filings for unemployment benefits in the U.S. declined last week to the lowest level since mid-July, extending a run of applications near decade lows that shows dismissals remain in check. more
(Updated, 5:12 p.m.) The Securities and Exchange Commission on Monday filed charges against the R.I. Economic Development Corp. and its bond underwriter Wells Fargo Securities, alleging fraud that stems from a 2010 municipal bond offering to finance the now-defunct video game company 38 Studios LLC. more
Passenger traffic rose slightly in May year over year at T.F. Green Airport, the second consecutive month of increases, according to statistics released Tuesday by the R.I. Airport Corp. more
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