Updated August 30 at 8:28pm
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(Updated 2:18 p.m.) The West Valley Inn has a new owner. more
Rhode Island again is one of the least tax-friendly states, according to Kiplinger’s. more
Federal Reserve Chair Janet Yellen said the case to raise interest rates is getting stronger as the U.S. economy approaches the central bank’s goals. more
Cash sales declined for homes in the Providence-Warwick-Fall River metropolitan area in May by 8.8 percentage points compared with May 2015, CoreLogic said this week. more
Dunkin’ Donuts cold-brew coffee is hot. more
The U.S. economy grew less than previously reported last quarter on lower government outlays and a bigger depletion of inventories, capping a sluggish first-half performance propped up mainly by consumer spending. more
(Updated 11:04 a.m.) A federal project to build a liquefied natural gas processing facility in Providence is not in the city’s best interest, said Mayor Jorge O. Elorza Thursday, in a statement released by his office. The mayor cited environmental concerns associated with hydraulic fracking, which he said is devastating communities located near the extraction sources of natural gas. more
U.S. Sens. Jack F. Reed and Sheldon Whitehouse and Reps. James R. Langevin and David N. Cicilline announced today $1,601,344 in federal funding to assist fire departments in Central Falls, Exeter and Woonsocket in purchasing new trucks and firefighting equipment. These improvements will enhance response capabilities, vehicle safety advancements and financial savings in these communities. more
Johnson & Wales University announced Thursday its new Center for Science and Innovation has been named after John J. Bowen, the school’s chancellor, in honor of the work he has done in that position. more
Which startup this year has the best business pitch in Rhode Island? Six Rhode Island entrepreneurs hope to answer that question next month during the “Get Started RI” business pitch competition hosted by Cox Business and Inc. Magazine. more
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