Updated August 24 at 6:27am
Local News
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What a job looks like has changed for many people since the recession. In general, things are looking up: Both unemployment and jobless claims are falling. But a good chunk of job creation has come at the highest and lowest ends of the spectrum, a trend that has only recently started to change with gains for middle-wage earners. more
The lack of a stable income and paying off debt are the top financial stressors in Rhode Island, according to a survey released Monday by GoBankingRates.com. more
Gasoline prices are ticking upward in Rhode Island and Massachusetts as the summer vacation season draws to a close, AAA Northeast said Monday. more
Approximately $385,000 in federal funding will be shared by fire departments in Lincoln, Narragansett and Pawtucket to purchase new equipment, the state’s congressional delegation said Monday. more
The West Valley Inn served its last takeout order on Sunday and is now closed for business. more
Pfizer Inc. agreed to buy Medivation Inc. for about $14 billion, gaining a blockbuster prostate-cancer treatment and leaving French drugmaker Sanofi jilted. more
Boats can now can come directly to J. Goodison Co. for repairs, thanks to a new Marine Travelift billed as the biggest in the Northeast that the company debuted this week. more
Enterprises ranging from bridge designers to medical technology developers to snow removal services made it onto Providence Business News’ 2016 list of the region’s fastest-growing companies. more
Rhode Island was one of 11 states that lost construction jobs over the year in July. It experienced a decline of 0.6 percent, or 100 jobs, the Associated General Contractors of America said Friday. more
Investor interest in hedge funds betting on distressed credit is growing as weaker economic growth creates more investment opportunities, according to Morgan Stanley. more
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