Updated May 25 at 6:51am
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As concerns about the impact of unrest in Iraq on the country’s oil production have abated, gas prices dropped another 4 cents this week in Rhode Island and fell 5 cents in Massachusetts, according to the weekly survey by AAA Southern New England. more
Alex and Ani LLC’s lawsuit in U.S. District Court alleging that eight defendants conspired to secure discounted Alex and Ani jewelry on behalf of retail distributors, and then later fraudulently resold the jewelry to BJ’s Wholesale Club Inc., has been allowed to proceed. more
Hasbro Inc., the third-largest toymaker in the world, reported second-quarter earnings of $32.8 million, or 26 cents per diluted share, a 10 percent decline compared with the $36.5 million, or 28 cents per diluted share, reported during the same period last year. more
The U.S. Conference of Mayors’ award to Providence as one of four U.S. cities recognized with a 2014 Outstanding Achievement Award in City Livability was accepted by Providence Mayor Angel Taveras Friday. more
Brown University said Friday it would cooperate with a U.S. Department of Education Title IX investigation into a complaint made against the university. more
T.F. Green Airport saw passenger traffic decline 7.3 percent year over year in June after a 7.8 percent decline a month earlier in May, according to numbers released Friday by the R.I. Airport Corporation. more
Rhode Island lost 500 construction jobs in June compared with the previous month, a decline of 2.9 percent that ranked the state 49th in the country for highest percentage of construction jobs gained month over month, the Associated General Contractors of America reported Friday. more
U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding from its biggest drop since April, as Google Inc. advanced and concerns eased over crises in the Ukraine and Middle East. more
Many of Rhode Island’s school districts receiving the highest level of funding per student are among the districts with the lowest return on investment, according to an analysis of 7,000 districts nationwide by the Center for American Progress. more
David M. Wax, managing director of the nonprofit Sandra Feinstein-Gamm Theatre, is retiring after two years in the position. more
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