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(Updated, 9:45 p.m.) The Providence Journal has begun laying off employees in advance of its acquisition by the parent of Gatehouse Media Inc., according to comments from newsroom staff on social media. Rhode Island Public Radio reports that 22 editorial union personnel were losing their jobs. more
The Pentagon’s proposed $495.6 billion budget for the coming fiscal year would provide $154 billion for weapons purchases and research, $25 billion less than projected a year ago, according to the Defense Department. more
Fewer Americans than projected filed applications for unemployment benefits last week, an indication companies are holding on to staff even as cold weather threatens to slow the world’s largest economy. more
President Barack Obama’s advisers said the U.S. economy is on track to strengthen and add more jobs in the next two years because many of the impediments to faster growth have subsided. more
The new year brought mixed economic results in Rhode Island, as discouraging unemployment data offset positive revisions of January payroll estimates, according to the Current Conditions Index produced by University of Rhode Island economist Leonard Lardaro. more
Gasoline prices rose for a fifth consecutive week in Rhode Island and Massachusetts, mirroring national energy price trends, according to the weekly survey by AAA Southern New England. more
Lawmakers, educators, business leaders, and state and federal officials will gather on Monday to discuss workforce development and career and technical education at the R.I. Senate’s annual Economic Summit. more
National Grid will begin work this month on the Rhode Island segments of the Interstate Reliability Project, a multimillion dollar effort to improve New England’s electricity transmission system. more
Five years after its creation, Betaspring has landed among the top startup accelerators in the country, ranking at No. 11 in the 2013 Seed Accelerator Rankings released Monday at the South by Southwest Interactive technology conference in Austin,, Texas. more
R.I. Public Transit Authority ridership totaled 19.7 million passengers in 2013, an increase of 1.25 percent over the 19.5 million passengers recorded in 2012, according to a report by the American Public Transportation Association. more
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