Updated March 5 at 9:05am
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Employers in the U.S. boosted payrolls in March and the unemployment rate held at 6.7 percent even as more Americans entered the labor force, showing steady progress that will probably prompt Federal Reserve policy makers to continue reducing stimulus while keeping interest rates low. more
The Bryant University College of Business ranked No. 49 in Bloomberg Businessweek’s undergraduate business school rankings released Friday, moving up 14 places from No. 63 in last year’s list to crack the top 50 for 2014. more
Rhode Islanders weary of the barrage of statistics that have put the Ocean State dead last for unemployment for four consecutive months can now view local success stories through “Our Backyard TV,” a new 24-hour On Demand channel produced by Cox Communications in partnership with the Rhode Island Foundation. more
Cheryl Merchant, president and CEO of Hope Global, the Cumberland-based manufacturer of woven, braided and knitted narrow fabrics for industrial and specialty textile applications, has been named the winner in the Leadership & Strategy category of Providence Business News’ first Manufacturing Awards program. more
Brian T. Moynihan, who runs Bank of America Corp., the second-largest U.S. lender by assets, was among a group of underpaid CEOs last year, according to a study by pay expert Graef Crystal. more
More than 1,600 startups from 41 U.S. states and 50 countries have applied for the 2014 MassChallenge competition, a worldwide contest now in its fifth year, the startup accelerator announced Friday. more
Rhode Island’s foreclosure rate fell to 2.1 percent in February from 3 percent a year earlier, but remained slightly higher than the national rate of 1.9 percent, according to a report released Thursday by real estate data firm CoreLogic. more
Royal Bank of Scotland Group PLC, Britain’s biggest government-owned lender, hired Ewen Stevenson from Credit Suisse Group AG as chief financial officer. more
The U.S. military has sent Congress a $36 billion wish list for equipment and operations that aren’t in the Pentagon’s official budget for the coming fiscal year. more
CVS Caremark Corp. said Thursday its charitable trust awarded grants to 70 school and community health centers and clinics nationwide, part of a multi-year, $5 million effort to partner with organizations that provide health care to traditionally underserved populations. more
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