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Oil slid from the highest close in more than two months as investors sold contracts on speculation that recent gains were excessive amid signs of weakening demand in the U.S, the world’s biggest consumer of crude. more
Bridging the gap between cutting edge research and new commercial applications is central to America’s future in advanced manufacturing, the director of a new federal manufacturing initiative told industry and government leaders gathered at the Rhode Island School of Design on Tuesday morning. more
The Rhode Island branch of the federal Small Business Administration will be holding an informational workshop to help those starting or expanding a small business. more
Fifteen Rhode Island companies and seven in neighboring Bristol County, Mass., made Inc. Magazine’s 2011 ranking of the fastest-growing private companies in America. more
Job openings in the U.S. rose in June to the highest level in four years, foreshadowing more consistent employment gains in the second half of the year. more
CVS Caremark Corp., the largest provider of prescription drugs in the U.S., reported second quarter profit that exceeded analysts’ estimates, helped by customers it gained from Walgreen Co. more
Single-family home prices in the Providence-New Bedford-Fall River area dropped 1.7 percent in June compared with the same period in 2011, according to CoreLogic’s Home Price Index. more
A 4.36-acre waterfront Newport estate with view of Jamestown and Narragansett Bay has sold for $8.5 million, Lila Delman Real Estate announced Monday. more
Four Rhode Island hospitals – Newport, Kent, South County and Westerly hospitals – will receive an increase totaling $7.1 million increase in Medicare payments for fiscal year 2013. more
Mortgage closing costs in the U.S. declined in the past year as lenders competed to attract qualified borrowers, Bankrate Inc. said. more
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The 2nd Annual Healthiest Employers event will recognize employers who have strong, effective Health and Wellness programs in the region. Deadline for enrollment is June 28th.
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