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The U.S. economy expanded in the third quarter at a faster pace than initially reported, led by the biggest increase in inventories since early 1998. Consumer spending slowed. more
Rhode Island School of Design President John Maeda announced in a video message to the RISD community on Wednesday that he will resign at the end of the fall semester to accept a position at Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers. more
The University of Massachusetts is seeking $519 million in state funding for the new fiscal year that starts July 1, a sum that would trigger a freeze in tuition and fees for the second consecutive year. more
A new study released Wednesday by the University of Massachusetts Donahue Institute projects 4.4 percent growth in the state’s population between 2010 and 2030. more
Attorney General Peter F. Kilmartin has signed an agreement with the U.S. Bureau of International Narcotics and Law Enforcement Affairs committing Rhode Island prosecutors to help train and advise prosecutors in foreign countries. more
CVS Caremark Corp. has launched MinuteClinic locations in Concord and West Lebanon, N.H., making New Hampshire the 28th state to offer the walk-in medical clinics inside select CVS/pharmacy stores. more
United Natural Foods Inc.’s net income rose to $27.8 million, or 56 cents per diluted share, during the first quarter of its fiscal 2014 year, a 28.9 percent increase over the $21.5 million, or 43 cents per diluted share, reported for the same period last year. more
Companies boosted payrolls in November by the most in a year, a sign that U.S. employers were optimistic about demand after the end of a government shutdown a month earlier, a private report based on payrolls showed Wednesday. more
The A.H. Belo Corp. announced Wednesday morning that it was exploring the sale of the Providence Journal. Company Chairman, President and CEO James M. Moroney III said the move fit with an overall strategy to “focus on investing and growing in Dallas.” more
Some Rhode Island nonprofits are benefiting from #GivingTuesday, an online movement launched last year as a way to promote giving during the holiday season. more
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