Updated May 22 at 5:40pm
Local News
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Consumer confidence declined to an eight- week low as attitudes about the economy dimmed, particularly among those at the bottom of the income ladder. more
Nearly 43 percent of Rhode Islanders say the state is moving in the wrong direction, but 54 percent feel that the newly elected leaders will provide stronger leadership, according to a new poll conducted for Bryant University’s Hassenfeld Institute for Public Leadership. more
Rhode Island is establishing the state’s first cybersecurity commission to better ensure security in the cyber world and support job creation within the sector, Gov. Gina M. Raimondo announced Thursday. more
Following a relatively quiet spell in the property insurance industry, Amica Mutual Insurance Co. has once again been ranked No. 1 in customer satisfaction, according to J.D. Power’s 2015 Property Claims Satisfaction Study. more
KVH Industries Inc. saw revenue increase 11.7 percent in the first quarter, but its net loss widened by 26.6 percent. more
State beaches in South County will be open weekends from 9 a.m. to 6 p.m. starting Saturday, according to the state Department of Environmental Management. more
Summer Infant, a maker of products for the 0-3 age group, released its earnings report on Thursday, showing an increase in sales, but a loss for the period that ended April 4. more
Fewer Americans than forecast filed applications for unemployment benefits last week, dropping the average over the past month to the lowest in 15 years, indicating companies are holding on to workers. more
A plan to demolish a two-story brick building in the Jewelry District and replace it with a six-story apartment building will come before a city committee Monday for final approval. more
Alexion Pharmaceuticals Inc. agreed to buy Synageva BioPharma Corp. for $8.4 billion in cash and stock, expanding its collection of treatments for rare diseases to reduce its dependence on a single drug. more
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