Updated December 10 at 12:29am
Local News
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Amica Mutual Insurance Co. reported net income fell about 81 percent to $35 million in 2015, as extreme climate patterns resulted in the insurer dishing out more than a quarter-billion dollars in weather-related claims, according to its CEO. more
As it marks its centennial year, the Rhode Island Foundation reported Friday it awarded a record $41.5 million in grants last year to more than 1,600 nonprofits across the state. more
Hasbro Inc., betting that the world has appetite for at least eight “Transformers” movies, said three additional films in the series are coming in 2017, 2018 and 2019. more
(Updated 10:04 a.m. and 12:14 and 2:32 p.m.) RhodeWorks, Gov. Gina M. Raimondo’s truck toll plan to improve the state’s deteriorating bridges and roads, is now law. more
Rhode Islanders plan to spend an average of $52 on Valentine’s Day gifts this year, and while the amount isn’t as high as Kansas, where the average spending is expected to hit $117, it’s higher than New Hampshire, where it’s anticipated to reach only $31. more
Retail sales increased for a third straight month in January as Americans kicked off 2016 by spending freely on cars, clothing and online merchandise. more
One percent meal and beverage tax collections, and 1 percent hotel tax collections, increased year over year in November and over the fiscal-year period, the state Department of Revenue said this week. more
Consumer sentiment declined in February to a four-month low as declining stock prices and weaker global conditions weighed on Americans’ views of the economy. more
The R.I. Emergency Management Agency said arctic air is expected to hit southern New England this weekend, and it is urging residents to prepare now for potentially record lows. more
The third-generation leader of one of Rhode Island’s manufacturing success stories is being honored for leadership and strategy in Providence Business News’ third Manufacturing Awards program. more
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