Updated May 5 at 4:05pm
Local News
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It’s not exactly up there with immigration, trade, and abortion for controversy: Treasury Secretary Jacob Lew’s announcement earlier this week that a redesigned $10 bill will feature a portrait of a woman is one of the few feel-good stories of the summer. more
FM Global on Wednesday announced 2015 profit and revenue both fell while its surplus grew to $11 billion. more
Southcoast Health is laying off 95 employees throughout the system. more
United Natural Foods Inc. has acquired Nor-Cal Produce Inc. and an affiliated entity for approximately $68.6 million, UNFI said this week. more
(Updated 2:18 p.m.) Memorial Hospital of Rhode Island will be restructured, resulting in an undetermined number of layoffs, and changes that include obstetrical services moving to other Care New England hospitals. more
Spending on business aircraft fell 3.1 percent last year as a commodities downturn crimped demand for long-range jets in emerging markets. more
Rhode Island is the ninth-most-expensive state for child care in the nation, according to the Economic Policy Institute. more
The Smaller Business Association of New England and Mass Development are introducing a “Defense Diversification Program,” which they said is an opportunity for defense-dependent businesses to diversify product lines and manufacturing processes. more
The U.S. economy will probably be strong enough to justify two Federal Reserve interest-rate increases in 2016, said Chicago Fed President Charles Evans. more
Brown University made 2,919 admission offers on Thursday, representing 9 percent of the 32,390 students who applied. more
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