Local News
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After three consecutive months of declines, the unemployment rate for the Providence-Fall River-Warwick metro area climbed slightly in May to 8 percent nonseasonally adjusted, compared with 7.8 percent a month earlier, the U.S. Bureau of Labor Statistics reported Tuesday. more
The U.S. Supreme Court on Monday dealt a blow to President Barack Obama’s health-care law, ruling that closely held companies can claim a religious exemption from the requirement that they offer birth-control coverage in their worker health plans. more
SilverScript Insurance Co., a CVS Caremark Corp. company, has partnered with seven accountable-care organizations in California, Florida and New Jersey to improve pharmacy care for Medicare Part D beneficiaries enrolled in the SilverScript prescription drug plan. more
The national nonprofit Made in the USA Foundation has named Alex and Ani LLC among its 2014 USA Hall of Fame winners. more
Global private equity firm Providence Equity Partners on Tuesday announced its investment in Mauritius-based Helios Towers Africa as part of a $630 million fundraising round by the independent telecommunications tower company. more
The Slater Technology Fund will invest an additional $100,000 in local health care mobile messaging platform Care Thread, bringing Slater’s total investment in the company to $350,000, Slater announced Tuesday. more
Gas prices dropped another 2 cents in Rhode Island this week while Massachusetts prices were unchanged, according to the weekly survey by AAA Southern New England. more
R.I. Superior Court Judge Michael A. Silverstein has approved the state’s $4.37 million settlement with the law firm Moses Afonso Ryan Ltd., denying objections by a number of other defendants in the 38 Studios lawsuit who challenged the constitutionality of the proposed settlement. more
Hasbro Inc., the third-largest toymaker in the world, reported second-quarter earnings of $32.8 million, or 26 cents per diluted share, a 10 percent decline compared with the $36.5 million, or 28 cents per diluted share, reported during the same period last year. 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
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