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Rhode Island’s average unemployment rate for 2013 was 9.5 percent, according to revised data released by the R.I. Department of Labor and Training on Thursday. The yearly average came in eight-tenths of a percentage point lower than 2012’s average of 10.3 percent. more
The Massachusetts Gaming Commission Thursday awarded the state’s sole license to operate a slot machine parlor to a group looking to redevelop Plainridge Racecourse in Plainville. more
Speaking at Providence Business News’ Summit on Health Care Reform and the Insurance Exchange on Thursday, Coastal Medical Inc. President and CEO Dr. Alan Kurose shared the news that Coastal reduced its costs by 5.5 percent compared with Centers for Medicare and Medicaid projections during Coastal’s first year as a shared savings accountable care organization. more
The burden of housing costs leaves Latinos in Rhode Island with little purchasing power, according to data released Thursday by HousingWorks RI and the Latino Policy Institute at Roger Williams University. more
MedMates, a health care technology network created to encourage collaboration within and strengthen Rhode Island’s health-tech ecosystem, will hold its first event of the year on Thursday to bring together early stage startups with industry mentors. more
The foreclosure rate for residential mortgages in Rhode Island declined in January, according to real estate data firm CoreLogic in a report issued Thursday. more
Lego A/S, the toymaker featured in a film that’s led U.S. ticket sales for three weekends, said full- year revenue advanced 10 percent with growth in all major markets, outpacing competitors including Mattel Inc. more
Cox Communications said Wednesday it would cut as many as 234 jobs from its residential customer service call center in West Warwick, potentially reducing the size of its workforce in Rhode Island by about 20 percent. more
Rhode Island Housing has awarded preliminary approval for $1.9 million in tax credits to two development projects that will collectively create 107 new homes in Providence. more
U.S. stocks rose, with the Standard & Poor’s 500 Index climbing above its record close, as purchases of new homes unexpectedly climbed to the highest level in more than five years and retailers rallied. more
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