Updated August 30 at 4:30pm
Local News
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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
The Flickers’ Rhode Island International Film Festival announced on Aug. 14 the award winners from its 20th annual festival. more
Hotel room revenue through June has increased 6.9 percent year over year in Rhode Island, according to the R.I. Commerce Corp. more
Rhode Island’s unemployment rate in July at 5.5 percent was higher than the national unemployment rate of 4.9 percent, and was the second-highest in New England behind Connecticut, which had a rate of 5.7 percent, the federal Bureau of Labor Statistics said Friday. more
Southside Community Land Trust received $596,517 in federal funding to create more training opportunities for beginning farmers throughout the state over the next three years, Rhode Island’s congressional delegation said Thursday. more
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