Updated February 11 at 4:11pm
Local News
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Rhode Island’s capital city is among the most overpriced cities in the country, according to Forbes. more
Summer Infant, a maker of products for the newborn to age 3 group, has sued board member and former CEO Carol Bramson as well as two other former company executives and company consultants in federal court alleging theft and misappropriation of trade secrets after it says they were caught “red-handed” by writing about their plans to create a competing company. more
New England had the third-lowest unemployment rate in June among the nine geographic divisions nationwide at 4.8 percent in June, according to the federal Bureau of Labor Statistics. more
A $9 million federal grant to build a new travel plaza and welcome center at Exit 1 off Interstate 95 in Hopkinton was announced Monday by the state’s congressional delegation as well as Gov. Gina M. Raimondo. more
Johnson & Wales University’s Ray McCue, an assistant professor, has been named best culinary educator in the Northeast. more
Rhode Island ranked 38th, the lowest out of all the New England states, in AARP’s latest edition of “Raising Expectations: A State Scorecard on Long-Term Services and Supports for Older Adults, People with Physical Disabilities and Family Caregivers.” more
In a ranking of the 15 worst states for state income taxes, Rhode Island did not make the list, but two of its New England neighbors did – Maine and Massachusetts. more
Thanks largely to general revenue exceeding estimates and state agencies spending under budget in fiscal 2015, Rhode Island has a surplus for the year that is $46.4 million larger than anticipated, bringing the total for the year to $166.4 million, according to an analysis done by the Rhode Island Public Expenditure Council. more
Filings for unemployment benefits in the U.S. declined last week to the lowest level since mid-July, extending a run of applications near decade lows that shows dismissals remain in check. more
(Updated 10:35 a.m.) The Federal Reserve said all 31 big banks subjected to a stress test have sufficient capital to absorb losses during a sharp and prolonged economic downturn. more
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