Updated August 26 at 12:31am
Local News
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A federal project to build a liquefied natural gas processing facility in Providence is not in the city’s best interest, said Mayor Jorge O. Elorza Thursday, in a statement released by his office. The mayor cited environmental concerns associated with hydraulic fracking, which he said is devastating communities located near the extraction sources of natural gas. more
U.S. Sens. Jack F. Reed and Sheldon Whitehouse and Reps. James R. Langevin and David N. Cicilline announced today $1,601,344 in federal funding to assist fire departments in Central Falls, Exeter and Woonsocket in purchasing new trucks and firefighting equipment. These improvements will enhance response capabilities, vehicle safety advancements and financial savings in these communities. more
Johnson & Wales University announced Thursday its new Center for Science and Innovation has been named after John J. Bowen, the school’s chancellor, in honor of the work he has done in that position. more
Which startup this year has the best business pitch in Rhode Island? Six Rhode Island entrepreneurs hope to answer that question next month during the “Get Started RI” business pitch competition hosted by Cox Business and Inc. Magazine. more
Two Federal Reserve officials argued the case for another interest rate increase in interviews on the eve of an eagerly awaited speech by Chair Janet Yellen in Jackson Hole, Wyo., that will be scoured for hints of a move that could come as soon as September. more
Chef Walter Potenza is very familiar with the reign of central Italy that has suffered through a severe earthquake. He was born in a town about an hour east of the village of Amatrice that was virtually leveled when the quake struck. more
Rhode Island ranks second in the country with the highest average student loan debt, according to LendEDU’s Student Loan Debt by School & State 2016 Statistics Report. more
Three pieces of economic data released Thursday are good signs for the U.S. economy. more
Local food advocates could be getting some legal help this fall, as the Conservation Law Foundation plans to offer free legal services to farmers and food entrepreneurs in Rhode Island. more
Tiffany & Co., the luxury jewelry retailer, posted second-quarter profit that topped analysts’ estimates as a clampdown on costs helps it weather sluggish demand from its affluent customers. more
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