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One week after announcing an agreement to sell the Providence Journal to New Media Investment Group Inc., A.H. Belo Corp. reported second-quarter net income of $22 million, more than 18 times the profit of the same year-earlier period, thanks in large part to an $18.5 million investment gain. more
The dean of the University of Rhode Island College of Arts and Sciences has appointed Adam David Roth as interim director of the Harrington School of Communication and Media as the school prepares to embark on a national search for a permanent director. more
Sales of single-family homes in Massachusetts posted a year-over-year increase in June for the first time since January, real estate data tracking firm The Warren Group reported Tuesday. more
Sensata Technologies Holding N.V. reported second-quarter net income of $63.9 million, or 37 cents per diluted share, more than three times the $20.4 million, or 11 cents per diluted share, reported for the same period last year. more
The main trust fund behind Medicare, the $583 billion U.S. health program for the elderly and disabled, will be exhausted in 2030, four years later than projected last year, the government reported. more
The Centers for Medicare & Medicaid Services has awarded a $53 million contract to nonprofit health care agency Healthcentric Advisors, the federally designated Quality Improvement Organization for Rhode Island. more
Fewer Americans filed applications for unemployment benefits last week, sending the average over the past month to an eight-year low, a sign the labor market continues to gain momentum. more
U.S. stocks fell, after the Standard & Poor’s 500 reached a record on July 24, as home sales declined and investors watched overseas crises before this week’s Federal Reserve policy decision. more
Gas prices in Rhode Island and Massachusetts dropped another 4 cents this week, according to the weekly survey by AAA Southern New England. more
Mark Stewart has been appointed the new state director of the R.I. Small Business Development Center, Stewart told Providence Business News Monday. Stewart, who was previously director of the Small Business Center at Halifax Community College in Weldon, N.C., began his job in Rhode Island in June. more
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