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Passenger trains bump along with fixes exceeding U.S. funds
U.S. investigators looking into the May 17 Connecticut commuter-rail crash haven’t yet found a clear cause. The fact a broken rail became the most immediate suspect speaks to years of deferred maintenance that have left trouble spots throughout a Washington-Boston network that carries more than 700,000 people a day and dates to the 1800s. more
R.I. outlook ranks 45th on ‘Rich States, Poor States’ report
Rhode Island’s economic outlook ranked No. 45 among the 50 states according to the 2013 ALEC-Laffer State Economic Competitiveness Index released by the American Legislative Exchange Council. Rhode Island’s No. 45 rank represented a slip from last year’s report, in which the Ocean State ranked No. 43. more
| 5/23/13
Tennis Hall of Fame becomes first to earn museum accreditation
The International Tennis Hall of Fame & Museum has become the first sports hall of fame to achieve accreditation status by the American Alliance of Museums. more
| 5/23/13
Lifespan continues restructuring its workforce
(Updated, 1:45 p.m.) Lifespan, Rhode Island’s largest hospital network, is undertaking what it called an “Operational Restructuring Initiative” to trim between $100 and $150 million from $1.7 billion in annual expenses over the next 30 months, hospital officials announced on Wednesday. more
Metro area foreclosure, delinquency rates fall in March
The Providence-Fall River-New Bedford area foreclosure rate fell 0.11 percentage points for March compared with the same period in 2012, CoreLogic said Thursday. more
| 5/23/13
Exports from R.I. fall 5.1% in March
Exports from the Ocean State fell 5.1 percent in March to $183.1 million on a month-to-month, seasonally adjusted basis after falling 15.3 percent in February, according to an international trade statistics report from e-forecasting.com. more
| 5/23/13
Jobless claims in U.S. dropped more than forecast last week
Fewer Americans than projected filed applications for unemployment benefits last week, a sign that the job market is sustaining recent gains. more
Sales of existing U.S. homes rise to 3-year high
Sales of previously owned U.S. homes climbed in April to the highest level in more than three years even as the market remained constrained by a lack of inventory and strict borrowing rules. more
Report: Despite growth, R.I. recovery ‘still lags’
Even though Rhode Island has gained some economic strength in 2013, the Ocean State “still lags behind other states in New England when looking at major economic indicators such as growth of the gross state product and the unemployment rate,” according to the spring 2013 New England Economic Outlook report from the New England Economic Partnership. more
| 5/22/13
Attleboro site added to national Superfund list
The former Walton & Lonsbury Inc. facility in Attleboro has been added to the National Properties List of Superfund sites by the U.S. Environmental Protection Agency. more
| 5/22/13
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