Updated August 28 at 3:28pm
Local News
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The Naval Undersea Warfare Center and R.I. Commerce Corporation have formed a partnership that will feature a NUWC employee on a two-year assignment at the commerce offices in an effort to strengthen the state economy through the defense and ocean technology sectors. more
Oil surged for a second day, poised for the best weekly gain in more than four years, while U.S. equities investors found a moment of calm in a turbulent week as Federal Reserve officials meet at Jackson Hole. more
A nationwide survey found that 97 percent of employers will provide a paid day off for all or most employees on Labor Day, Sept. 7, but that 41 percent will require some employees to work the holiday. more
An ongoing disagreement between the Rhode Island attorney general and the state’s health insurance commissioner regarding a recently approved 10.4 percent rate increase for Blue Cross Blue Shield of Rhode Island has landed in Superior Court. more
Brown University tops the list regionally for four-year colleges and universities with the highest-paid bachelor’s degree graduates, according to PayScale Inc. more
Three global banks are in danger of losing their ability to manage pension funds in the U.S., as the Department of Labor wrestles with how to hold financial institutions accountable for criminal misconduct. more
Hasbro, the Pawtucket School Department and the city of Pawtucket are partnering with No Bully, a non-profit organization that trains schools how to stop bullying. more
Consumer purchases climbed in July as incomes grew, showing the biggest part of the U.S. economy was off to a good start to the quarter. more
Chinese billionaire Wang Jianlin is expanding his sports empire, adding the organizer of Iron Man triathlons to holdings including soccer team Atletico Madrid. more
Michael Lewis may have spelled out the supposed menace of high-frequency trading in his bestseller “Flash Boys.” What he didn’t do is provide a basis for investors to sue stock exchanges or banks. more
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