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(Updated, 5:05 p.m.) FM Global Chairman and CEO Shivan S. Subramaniam will retire at the end of 2014 after 40 years with the company he helped grow from an enterprise with $1 billion in annual revenue to one with yearly revenue of $5.6 billion. more
Rhode Island has launched Apply RI, an online job-application website that allows applicants to track their state government job applications on the Web. more
Payrolls at U.S. companies climbed in June by the most since November 2012, a sign the job market is strengthening as demand picks up. more
Hotel workers and their supporters said Monday afternoon that three or more of them will begin a hunger strike if the R.I. Senate passes a state budget that bans municipalities from individually voting to raise the minimum wage. more
Service industries expanded in May at the fastest pace in nine months as orders picked up, indicating improving sales will help the U.S. economy strengthen. more
Falling interest rates have reduced the ability of U.S. corporate pension plans to fund their obligations to the lowest this year, according to the Bank of New York Mellon Corp. more
Providence teachers missed on average about 13 days in the school year, slightly more than cities’ national average of 11 days for absenteeism, according to a report released Tuesday by The National Council on Teacher Quality. more
Rhode Island’s unemployment rate remained the highest in the country in April despite a drop to 8.3 percent, the U.S. Bureau of Labor Statistics reported Friday. more
(Updated, 5:12 p.m.) Rhode Island’s unemployment rate dropped to 8.3 percent in April from 8.7 in March, according to seasonally adjusted data provided by the R.I. Department of Labor and Training. The U.S. unemployment rate dipped to 6.3 percent in April from 6.7 percent in March. more
A new U.S. Census Bureau survey examining the commuting habits of Americans shows that Newport County boasts the highest percentage of commuters who bike or walk to work, followed by Providence County. more
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