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Mayor Angel Taveras has signed an amendment to Providence’s zoning ordinance designed to block mixed-use development along the Allens Avenue waterfront and protect industrial uses there. more
Aspen Aerogels Inc., a nanotechnology firm that designs and manufactures energy-efficient insulation products, has reported a second-quarter net loss of $42.2 million, more than doubling the net loss of $19 million posted for the same period last year. more
Rhode Island’s unemployment rate declined again in July to 7.7 percent, a slight drop compared with June but down almost 2 percentage points year over year, according to the R.I. Department of Labor and Training. more
The Governor’s Workforce Board is conducting a comprehensive survey of employers as summer winds to a close as part of its work on the state’s second Biennial Employment and Training Plan. more
With the drop of Rhode Island’s unemployment rate in July to 7.7 percent, the state no longer claimed the highest jobless rate in the country for the first time since October, the U.S. Bureau of Labor Statistics reported Monday. more
The R.I. Department of Labor and Training has recovered more than $4.6 million so far this calendar year from individuals or employers trying to “game the system,” Director Charles J. Fogarty said in a department email newsletter. more
(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 Department of Environmental Management said that farm viability grants totaling $255,543 have been awarded for projects that will enhance the competitiveness of specialty crops grown in Rhode Island. more
(Updated, 11:45 a.m.) American employers hired fewer workers than forecast in August, and the jobless rate dropped because people left the workforce, bolstering those on the Federal Reserve who want to be more deliberate in removing monetary stimulus. more
The United States is preparing to sue Bank of America Corp. amid an impasse in talks to resolve government probes of the lender’s sale of mortgage-backed bonds before the financial crisis, a person familiar with the matter said. more
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