Updated October 4 at 12:45am
Local News
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The momentum in orders for business equipment stalled in August following gains the prior two months as U.S. investment took a breather amid volatility in financial markets and concerns that global growth is slowing. more
Fewer Americans than forecast filed applications for unemployment benefits last week, a sign that a steady labor market will bolster U.S. growth. more
A financial management consultant has been indicted for allegedly embezzling more than $1 million in bank account funds and from employee 401(k) pension fund contributions from New England Anesthesiologists Inc. more
A federal grand jury indicted a 55-year-old Pawtucket businessman and three others charged with an alleged stolen identity and tax refund scam that targeted mostly Puerto Ricans and yielded $2.8 million. more
Aspen Aerogels Inc. has adjusted its full-year outlook after it was forced to idle some manufacturing equipment through the end of the month because its primary CO2 gas supplier curtailed its supply to the energy technology company. more
U.S. retail sales may increase as much as 4 percent this holiday season, less than last year’s gain, as shoppers’ wages remain stagnant, according to Deloitte LLP. more
Rhode Island has the 13th lowest obesity rate in the nation at 27 percent, and while it landed on the lower end of the scale for states, the obesity rate has climbed since 1990 when it was 10.1 percent. more
Volkswagen AG CEO Martin Winterkorn stepped down as the automaker became increasingly isolated amid a scandal over cheating on U.S. emissions tests. more
The Rhode Island Manufacturers Association will host a business networking reception on Sept. 24 in celebration of Rhode Island Manufacturing Week and Manufacturing Day. more
The Massachusetts Bay Transportation Authority has a maintenance backlog approximately $500 million greater than estimates offered last month and “unsustainable” operating budgets, the Boston Business Journal reported Wednesday. more
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