Updated 2:30 p.m.
Despite recent signs of an improved economy, one in eight Rhode Island households lacks adequate food, according to the 2015 Status Report on Hunger in Rhode Island from the Rhode Island Community Food Bank.
Rhode Island’s leading economic indicators again rose 0.3 percent in January to a reading of 130.5, fueled in part by manufacturing and employment growth, according to the Providence Business News/e-forecasting.com Leading Economic Indicator Index.
U.S. banks that pass the Federal Reserve’s annual stress tests are strong enough to boost quarterly payouts to shareholders 53 percent on average, disbursing $109 billion over the next 15 months, according to analysts.
(Updated, 9:20 p.m.)
IlluminOss Medical has appointed Manny Avila as its new president and CEO. The developer of a minimally invasive system to repair bone fractures has been looking for a chief executive since former president and CEO Dirk Kuyper left in September 2014.