Updated July 3 at 9:03pm
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State hotel tax revenue increased 21.3 percent, or $176,921, in April to $1 million, according to the state Department of Revenue’s 5 percent hotel tax collections report. more
(Updated 4:35 p.m.) Cornerstone Group in Warwick and Gencorp Insurance Group in East Greenwich have consolidated with The Hilb Group LLC, an insurance brokerage firm in Richmond, Va. more
Gasoline prices in Rhode Island and Massachusetts dropped 2 cents from last week, according to AAA Northeast. more
Proposals for Real Jobs Rhode Island grants are due Friday, no later than 3 p.m. more
Martina Hingis has been named Global Ambassador for the International Tennis Hall of Fame. more
Contracts to purchase previously owned U.S. homes rose in May to a nine-year high, indicating recent strength in the real-estate industry will be sustained. more
A new “buy local” campaign, dubbed “Indie Week,” runs Wednesday through July 7, providing special discounts from participating businesses. more
Rhode Island’s economic growth failed to meet expectations in the first quarter, posting a gain of 1.5 percent, according to the Rhode Island Current Economic Indicator briefing released Monday by the Center for Global and Regional Economic Studies and the Rhode Island Public Expenditure Council. more
Rhode Island ranked 12th among the states for its 2.1 percent year-over-year export growth in the first four months of the year, according to e-forecasting.com. more
Providence Business News took home third-place honors as the best newspaper in the large tabloid category in the Alliance of Area Business Publishers annual editorial excellence awards program. more
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