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Workers in the Providence-Fall River-Warwick metro area had an average hourly wage of $23 in May 2013, roughly 3 percent above the nationwide average of $22.33, according to the latest data from the U.S. Bureau of Labor Statistics. more
Applications for unemployment benefits in the U.S. rose more than forecast last week, interrupting a steady decline to pre-recession lows. more
Pro-Change Behavior Systems Inc. has received its first Small Business Innovation Research contract from the National Institute on Drug Abuse, the health-risk research and coaching company announced Wednesday. more
In the first half of 2014, the Rhode Island Foundation awarded more than 320 grants totaling more than $15.6 million to programs that serve Rhode Island. more
U.S. Sens. Jack Reed and Sheldon Whitehouse and Rep. James R. Langevin on Thursday announced $772,000 in federal grant funding for safety, training and communications equipment upgrades in the Warwick and Johnston fire departments. more
U.S. stocks rose, sending the Standard & Poor’s 500 Index to a two-week high, as speculation the crisis in Ukraine won’t escalate overshadowed weaker-than- estimated economic data. more
CVS Caremark Corp. has launched its first MinuteClinic walk-in medical clinics at CVS/pharmacy locations in Sacramento and Elk Grove, Calif., the latest of more than 50 MinuteClinics throughout the Golden State. more
Marc A. Crisafulli will step down as managing partner at Hinckley, Allen & Snyder LLP to join the leadership team at Suffolk Construction Co. in Boston, and will be succeeded by Hinckley Allen Partner David J. Rubin. more
Factory production increased in July at the fastest pace in five months as capital spending climbed and motor vehicle demand surged, indicating the industry is helping propel the U.S. economy. more
(Updated, 3:50 p.m., Aug. 28) Some of the region’s most buzzworthy companies have been named in Providence Business News’ third Fastest-Growing & Innovative Companies awards program. Companies with the largest percentage growth of revenue from 2011 to 2013 in four revenue size categories, along with the most innovative companies in each of 10 industry categories, will be feted on Sept. 10 at an oceanfront event at Newport’s Rosecliff Mansion. more
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DEADLINE EXTENDED to Friday, October 3rd for applications for the 14th Annual Business Excellence Awards Program. And save the date for the Awards Dinner - November 12th at the Providence Marriott.
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