Updated April 27 at 9:27pm
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Fidelity Investments will lay off 460 employees in Kentucky and Texas over the next 12 to 18 months following the outsourcing of the company’s printing and mailing operations. more
U.S. stocks rose following a two-day selloff, as Alcoa Inc. rallied after earnings topped estimates and investors awaited minutes from the Federal Reserve’s last meeting. more
(Updated, July 10, 8:51 a.m.) The $2.4 million renovation of Kennedy Plaza will begin Tuesday, July 15, with an official groundbreaking ceremony, city spokeswoman Ann Gooding confirmed Wednesday. more
East Greenwich entrepreneur and manufacturing industry veteran Barry Golden has purchased Gurney Engineering Corp., a 59-year-old commercial water-treatment company headquartered in Massachusetts, for an undisclosed sum. 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
The national nonprofit Made in the USA Foundation has named Alex and Ani LLC among its 2014 USA Hall of Fame winners. more
John Barnett has been named vice president of finance and chief financial officer of the Rhode Island Foundation following a search to replace former CFO Michael Jenkinson, who left the nonprofit in December. more
The NanoSteel Co. has awarded an exclusive worldwide license to its wear-resistant steel coatings to Cleveland-based Lincoln Electric, which designs and manufactures arc-welding products, robotic welding systems, and plasma and oxy-fuel cutting equipment. more
The Pentagon paid Textron Inc.’s Bell Helicopter unit $8,123.50 each for gears that should have cost $445.06, according to a report by the Defense Department’s inspector general. more
U.S. Sens. Jack Reed and Sheldon Whitehouse and U.S. Reps. James R. Langevin and David N. Cicilline announced Tuesday that Rhode Island will receive $432,696 in federal funding under the Land and Water Conservation Fund. more
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