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The number of Americans filing applications for unemployment benefits rose more than forecast last week after reaching a six-month low, a sign that progress in the labor market remains fitful. more
Nearly halfway through fiscal year 2014, National Institutes of Health grants to Rhode Island institutions are well short of the pace set in the previous year, according to figures on the NIH’s website. more
General Growth Properties Inc. CEO Sandeep Mathrani’s compensation surged more than fivefold to $22.1 million last year, boosted by the value of stock-option awards. more
Visits to the mansions managed by the Preservation Society of Newport County increased by 2.5 percent during the nonprofit’s fiscal 2014 year compared with a year earlier. more
Blood Centers of America Inc. announced Wednesday, April 2, that it has merged with GSABC Cooperative Corp., effective April 1. more
The city will re-launch its suspended startup investment program with smaller investments focused on only “high-growth” technology sector companies. more
A divided U.S. Supreme Court struck down decades-old limits on the total money donors can give to federal candidates and parties, issuing its biggest campaign- finance ruling since the 2010 Citizens United decision. more
U.S. Sen. Jack Reed and U.S. Rep. David N. Cicilline will join the Naval Undersea Warfare Center on April 7 to dedicate a new $24.3 million electromagnetic sensor facility built to accommodate submarine servicing, prototyping and production support. more
Of Rhode Island’s estimated 413,196 households, 22,845 of them, or 5.53 percent, claim $1 million or more in investable assets, ranking the Ocean State at No. 17 nationally in the 2013 Global Wealth Monitor ranking of U.S. states by percentage of millionaire households. more
The R.I. Division of Public Utilities and Carriers has approved the sale of Deepwater Wind’s cable transmission system for the five-turbine Block Island Wind Farm to National Grid for $9.5 million, according to an order by the state agency Wednesday. more
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