Updated April 29 at 11:26pm
Local News
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Federal Reserve Bank of Boston President Eric Rosengren said the central bank should act to bring down “stubbornly, and unacceptably, high” joblessness that’s been stuck near 9 percent or above since April 2009. more
(Updated, 2:15 p.m.) Seven hundred of the region’s business leaders celebrated themselves and oftentimes their competitors at Providence Business News’ 10th Best Places To Work event Wednesday evening at the Crowne Plaza Garden Pavilion. more
(Updated 9:57 a.m. and 1:43 p.m.) Nabsys has completed a financial restructuring and is back in business, operating out of its Clifford Street office. more
Warwick-based CBC LLC, a designer and soon-to-be manufacturer of wind turbines for energy, took home the $10,000 first prize in the third Get Started RI Pitch Competition. more
Hope Global CEO Cheryl Merchant captured the essence of PBN’s Business Women Awards program when during her acceptance speech for being named Outstanding Mentor, she noted the impressive achievements of the 25 other honorees and then challenged all in attendance to take up the cause of mentoring the next generation of leaders, something she has made an extracurricular passion. more
The Rhode Island Foundation announced Wednesday that Raymond “Two Hawks” Watson, an advocate of multi-cultural tourism, received the nonprofit organization’s $300,000 Rhode Island Innovation Fellowship this year. more
Rhode Island ended its fiscal year with a stronger bottom line than expected, a $166.4 million general fund surplus that reflects both higher than anticipated revenue and less spending. more
Venture capitalists invested $16.3 million in Rhode Island companies in 2015, considerably less than in 2014, when venture capital investments topped $124 million. more
Just in time for the busy Thanksgiving travel period, T.F. Green Airport has been named the third best airport in the country – and the best in New England – in the Conde Nast Traveler 2015 Readers’ Choice awards. more
(Updated, 4 p.m., Aug. 21) Some of the region’s most notable companies have been named in Providence Business News’ fourth Fastest-Growing & Innovative Companies awards program. more
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