Updated August 4 at 5:04pm
Local News
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Hotel tax collections increased 11.7 percent year over year in May, and meal and beverage tax collections rose 10.7 percent, the state Department of Revenue said this week. more
Rhode Island ranked 13th among the 50 states for its 1.5 percent year-over-year export growth for the first five months of the year, according to e-forecasting.com. more
Rhode Island made the top 10 list of the worst-funded state pensions by ThinkAdvisor, which provides information for the investment advisory community. more
Federal Reserve policy makers said the labor market and housing have improved, moving closer to ending an unprecedented period of near-zero interest rates without providing a clear signal on the timing of liftoff. more
Several Rhode Island businesses have registered for the 2015 Canadian Defence, Security and Aerospace Exhibition (DEFSEC) Atlantic conference, to be held Sept. 8 through 10 in Halifax, Nova Scotia at the Cunard Centre. more
The R.I. Department of Education on Wednesday announced a partnership with The Learning Accelerator to make Rhode Island the nation’s first “fully blended-learning” state, combining traditional teaching methods with personalized, online elements geared toward improving student engagement and achievement. more
State Health Insurance Commissioner Dr. Kathleen C. Hittner said her office has adopted standards to improve health care delivery and payment systems, a step that aligns her office with the governor’s efforts to strengthen the health care system for all Rhode Islanders. more
Textron Inc. reported lower revenue, partly due to fewer aircraft deliveries, but higher profit, in its second-quarter earnings release on Tuesday. more
Sensata Technologies Inc. reported a 33.8 percent increase in revenue, but a 36 percent drop in net income in the quarter that ended June 30. more
Foreclosure rates in Rhode Island and the Providence-Warwick metropolitan area decreased in May to 1.4 percent and 1.6 percent, respectively, but are still higher than the national rate of 1.3 percent. more
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