Updated February 28 at 8:42pm
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Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, posted a seventh straight annual loss after writing down its U.S. unit and forecast higher restructuring costs as it shrinks its investment bank. more
RHODE Island’s Energy Expo, part of the Home Show slated for March 5-8, promotes energy education, but a valuable byproduct has been its attraction to consumers who, some businesses say, turn into … more
Employers in the U.S. added more jobs than forecast in January, capping the biggest three-month gain in 17 years, and workers’ earnings jumped. more
Rhode Island’s seasonally adjusted unemployment rate inched downward in January to 9.2 percent, the lowest rate since November 2008, according to the latest monthly report from the R.I. Department of Labor and Training. The state’s civilian labor force totaled 550,300 in January, up 200 from December 2013 but down 9,700 from January 2013. more
The Federal Aviation Administration has approved a $20.85 million grant to T.F. Green Airport for the next phase of its ongoing runway relocation project, U.S. Sen. Jack Reed announced Thursday. more
Rhode Island’s unemployment rate remained the highest in the country in April despite a drop to 8.3 percent, the U.S. Bureau of Labor Statistics reported Friday. more
Rhode Island’s unemployment rate may be the highest in the nation at 8.3 percent, but a lesser-known metric ranks the state sixth highest – and lends insight into the state’s condition, local economists say. more
Alex and Ani LLC will cut nine jobs from its Seven Swords Media unit as it prepares to turn over much of its marketing work to an external advertising agency. The jewelry manufacturer said earlier this week it had selected MODCo Group of New York as its advertising agency of record following a search that was completed in April. more
The mayor’s office has reported a $1.1 million operating surplus for fiscal 2014, as shown in the city’s annual financial audit conducted by independent accounting firm Marcum LLC. more
Former Mayor Vincent A. “Buddy” Cianci Jr. said Wednesday he will run for the city’s top office again, this time as an independent. more
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