Updated May 24 at 5:24am
Investing
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Johnson & Wales University has registered to start offering certified financial professional education, according to a press release. more
(Updated 2:56 p.m.) The state employee investment fund had a 2.2 percent return in the fiscal year that ended June 30, and a 0.4 percent return for the June quarter, falling short of internal benchmarks. more
(Updated 11:49 a.m.) Hasbro Inc. posted fourth-quarter profit that topped analysts’ estimates after demand for “Star Wars” and “Jurassic World” merchandise boosted sales. more
Textron Inc. reported lower revenue, partly due to fewer aircraft deliveries, but higher profit, in its second-quarter earnings release on Tuesday. more
Brown University led local colleges and universities with the largest endowment and largest percentage increase for the fiscal year that ended June 30, according to the Chronicle of Higher Education. more
Malcolm A. Makin, of Raymond James in Westerly, again has been named the state’s top financial adviser, as six Rhode Islanders made Barron’s 2016 Top 1,200 Financial Advisors list. more
Abigail P. Johnson, president and CEO of FMR LLC, the parent company of Fidelity Investments, and Gov. Gina M. Raimondo will be featured speakers at the Greater Providence Chamber of Commerce’s 2016 Economic Outlook Luncheon on June 2 at the R.I. Convention Center. more
(Updated 1:24 p.m.) Stocks tumbled around the world, with U.S. equities headed for their lowest levels in 15 months, and bonds and gold jumped as oil’s plunge below $30 sent markets reeling. Treasuries extended gains as economic data and earnings added to concern that global growth is faltering. more
(Updated 12:42 p.m.) Risk appetite made a comeback following the selloff on Monday that erased $2.7 trillion from the value of global equities. Stocks, commodities and emerging-market currencies extended gains after China cut interest rates. more
(Updated 2:22 p.m. and 2:41 p.m.) The Standard & Poor’s 500 Index resumed its decline in afternoon trading as the rout in all but the riskiest of global assets worsened. more
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