Updated December 9 at 6:27pm
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There’s more cash sitting on company balance sheets than ever before. For the first time since 2012, that’s not enough. more
The number of Americans who applied last week for unemployment benefits rose to a level that’s still consistent with steady improvement in the labor market. more
Cherenzia Excavation Inc., of Westerly, will pay a penalty of $84,070 for alleged violations of the Clean Air Act and has taken steps to minimize emissions of hazardous air pollutants and visually test for dust under an agreement signed recently with the U.S. Environmental Protection Agency. more
Those basement-dwelling millennials are at it again. more
Summer Infant Inc. reported $233,000 in profit, or 1 cent per diluted share, in the third quarter, reversing a loss of $1.8 million, or 10 cents per share, in the prior-year period, the baby and juvenile-product maker reported this week. more
Filings for U.S. unemployment benefits unexpectedly rose to the highest level in almost three months, extending increases from a four-decade low. more
Prime Minister David Cameron rejected calls for a do-over vote on leaving the European Union and set up a team of officials to prepare for withdrawal following the referendum last week that stunned the world and triggered financial-market turmoil. more
Marjory O'Toole is managing director of the Little Compton Historical Society. Her introduction to both the nonprofit field and the museum world began when she was a 16-year-old tour guide for The Preservation Society of Newport County. This is her 21st year working in a museum, and she says it’s been her favorite so far. She spoke with PBN about a new exhibit on slavery in Little Compton. more
Rhode Island had the fifth-highest percentage of mortgages delinquent by 90 days or more in April at 2.15 percent, according to Black Knight Financial Services. more
Investors are taking their fascination with low-volatility stocks to new heights. more
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