Updated May 28 at 2:28pm
Local News
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(Updated, 11:45 a.m.) American employers hired fewer workers than forecast in August, and the jobless rate dropped because people left the workforce, bolstering those on the Federal Reserve who want to be more deliberate in removing monetary stimulus. more
More than a year after breaking ground, the Hope & Main food business incubator announced it inaugural class of more than 30 food business entrepreneurs. more
The Rhode Island Center for Freedom & Prosperity has teamed up with the Tiverton Taxpayer Association to launch a Web portal showing municipal compensation data in the town. more
The union representing Providence Journal newsroom employees says it will fight plans by new owners Gatehouse Media to outsource editing jobs. more
The Revel Casino Hotel was envisioned as a playground for Wall Streeters who hated flying to Las Vegas. Instead, it’s become a money pit for the banks and money managers who spearheaded the New Jersey project, and the losses will keep coming even after its closing earlier this week. more
Lego A/S expanded revenue in the first half, bridging the gap with toy industry market leader Mattel Inc. as consumers flocked to pick up play sets from box office hit “The Lego Movie.” more
The trade deficit in the United States unexpectedly narrowed in July to the lowest level in six months as exports climbed to a record. more
A.H. Belo Corp. has completed the $46 million sale of The Providence Journal to Gatehouse Media, a subsidiary of New York-based New Media Investment Group Inc. more
For the third consecutive grant cycle, Rhode Island has received an award from the U.S. Small Business Administration’s State Trade and Export Promotion Program to support efforts to export by small businesses in the Ocean State. more
Junior Achievement USA is partnering with The Hartford to offer revised, digitized programming next spring that gives Rhode Island teens contemporary entrepreneurial experience. more
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