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Rhode Island’s unemployment rate fell to 8.8 percent in April, the 10th consecutive monthly drop in the jobless rate and the lowest it has been since October 2008, the R.I. Department of Labor and Training said Thursday. more
The Rhode Island Foundation ended the year with a record $678 million in asset, an increase on its 2011 year-end asset total of $604 million, thanks in part to a 13.1 percent return on its investments, according to its recently released annual report. more
The cost of living in the United States fell in April for a second consecutive month, the first back-to-back declines in inflation since late 2008, as fuel prices retreated. more
Customers Bancorp Inc., parent company of Customers Bank, has increased its previously announced offering of $75 million of common stock to $90 million, the bank announced Wednesday. more
Three health insurers – Blue Cross & Blue Shield of Rhode Island, UnitedHealthcare of New England, and Neighborhood Health Plan of Rhode Island – will offer a total of 28 health plans on the R.I. Health Benefits Exchange for the individual and small group markets beginning on Oct. 1. more
A handful of local fire departments and one agency in Rhode Island will receive $654,160 worth of federal fire safety grants to help upgrade equipment and train firefighters, officials announced Wednesday. more
The Founders League, a group connecting Rhode Island’s start-up community by offering space and programming for entrepreneurs, has announced that its six-month launch phase has ended, and that 100 new memberships are now available. more
After a nationwide search, the Museum of Art at the Rhode Island School of Design has named Dominic Molon as the Richard Brown Baker Curator of Contemporary Art. more
A group of human resource executives from five Massachusetts biotechnology companies gathered Tuesday to brainstorm how to better prepare military veterans for jobs in the sector, according to the Boston Business Journal. more
Kahn, Litwin, Renza & Co. Ltd. announced Tuesday that it was opening the KLR Emerging Business Center in its North Main offices to help lend support and guidance to startups and emerging businesses in the Ocean State. more
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