Local News
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New England businesses show signs of “cautious optimism” amid continued moderate economic growth in the region, according to the Federal Reserve Board’s Beige Book released Wednesday. more
Rhode Island’s unemployment rate remains the highest among New England states after rising to 8.9 percent in July from 8.8 percent a month earlier, according to a U.S. Bureau of Labor Statistics report released Thursday. more
Rhode Island has secured a $10 million U.S. Department of Transportation grant to rebuild the road system around Apponaug Village in Warwick. more
Two members of Providence Equity Partners Inc.’s European team in London have left, according to three people with knowledge of the matter. more
With the opening today of a Business Engagement Center at the University of Rhode Island, connecting businesses, students and faculty to one another just got a whole lot easier. more
Lego A/S, the Danish building-block maker, said first-half sales jumped 13 percent with the strongest growth in Asia amid a slower start to 2013 in the toy markets of North America and and Europe. more
Gov. Lincoln D. Chafee today announced that he will not seek a second term as governor. more
BayCoast Bank has acquired Newport Financial Corp., which will operate as an affiliate of the bank under the name of NFC Mortgage, according to BayCoast Bank Senior Vice President Jim Rice. more
Blue Cross & Blue Shield of Rhode Island and the nonprofit Rhode Island Quality Institute announced the launch of an incentive program for Rhode Island primary care physicians to adopt and use CurrentCare, Rhode Island’s health information exchange. more
TPI Composites Inc. announced yesterday that it is adding composite tooling production capabilities to its facility in Taicang Port, Jiangsu, China. more
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