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Oil falls in New York on European debt concern after Greek poll
Oil dropped in New York as rising Spanish borrowing costs pushed the dollar higher, adding to concern that Europe’s debt crisis will curb crude demand. more
Chafee to allow amended hospital bill to become law
Gov. Lincoln D. Chafee announced Friday afternoon that he would allow the legislation changing the Hospital Conversions Act to become law without his signature. more
Construction jobs lost across R.I., U.S.
Rhode Island showed the third steepest decline in construction jobs for May, a month during which more states lost such jobs since June 2011, according to an Associated General Contractors of America analysis of Labor Department data released Friday. more
Jobless rate drops slightly across New England
New England’s unemployment rate remained essentially unchanged in May, dropping to 6.8 percent compared with 6.9 percent in April, the U.S. Bureau of Labor Statistics announced Friday. more
| 6/15/12
DLT awarded $1.7 from Labor Department
The U.S. Labor Department awarded the R.I. Department of Labor and Training a $1.7 million grant from the Workforce Innovation Fund, Secretary of Labor Hilda L. Solis announced Thursday. more
| 6/15/12
OHPRI lands $1M for SSV Oliver Hazard Perry project
Oliver Hazard Perry Rhode Island was awarded $500,000 from the Allette Morris McBean Charitable Foundation and a $250,000 matching grant from the Stratus Foundation. more
| 6/15/12
Simmons to serve on Chrysler board
Chrysler Group LLC, the U.S. automaker majority owned by Fiat SpA, named Brown University President Ruth Simmons to serve on its board, and the United Auto Workers replaced its director. more
Primack: Lessons to learn from 38 Studios
There are four important lessons to learn from Rhode Island’s 38 Studios disaster, according to Fortune Magazine Senior Editor Dan Primack. more
| 6/15/12 | 1 comment
U.S. stock futures rise on speculation central banks will act
U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will complete a second straight weekly advance, on speculation central banks will act to boost economies as Europe’s debt crisis threatens growth. more
Unemployment rate drops in May
Rhode Island’s unemployment rate dropped for the first time in three months to 11 percent in May, a two-tenths of a percentage point decrease from April, the R.I. Department of Labor reported Friday. more
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