Updated March 27 at 6:35pm
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Federal Reserve Bank of Boston President Eric Rosengren said the central bank should act to bring down “stubbornly, and unacceptably, high” joblessness that’s been stuck near 9 percent or above since April 2009. more
TAUNTON, Mass. – The South Eastern Economic Development (SEED) Corporation recently made a micro loan to Newport Potters Guild to enable the small business to start a pottery and clay art gallery and create four new jobs. more
WALTHAM - Petroleum distributor Global Companies, LLC will offer cleaner burning emulsified fuels to industrial and commercial consumers of fuel oil in six northeastern states starting this fall. … more
BOSTON - The board of directors of John Hancock Financial Services has voted to authorize a stock buyback through which the company could purchase up to $500 million of its outstanding common shares. … more
NEWTON - Harcourt General, Inc., a publishing house that at one time controlled Nieman Marcus Group and General Cinema, announced that it has agreed to be acquired by Reed Elsevier PLC, an … more
LEXINGTON - Raytheon reported it would lay off 226 of is employees in Massachusetts last Friday. A company spokesperson said the employees are members of the IBEW, International Brotherhood of … more
BOSTON - Portsmouth, New Hampshire-based Investigative Strategies will join business intelligence and investigative consulting firm Kroll Associates. Monty J. Curtis, owner of Investigative … more
PROVIDENCE -- Three businesses were recently awarded loans totaling $410,000 by the RI Small Business Loan Fund Corporation, which is overseen by the RI Economic Development Corporation. Dynamic … more
NEW SHOREHAM -- Electric rates for Block Island residents will be reduced by 10 percent under rate filings submitted to the state Public Utilities Commission by Block Island Power Co. Electricity … more
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