Updated June 28 at 2:28pm
Local News
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Kent and Diane Fannon, a married couple who first met at the University of Rhode Island and have business careers that changed direction, have established an endowed “career” fund at URI’s College of Business Administration. more
Investors are overestimating Banco Santander SA’s capital needs and the threat that Brazil’s economic downturn poses to profit, executive Chairman Ana Botin said in a letter to shareholders. more
New home construction in the U.S. unexpectedly cooled in January, indicating there is a limit to how much gains in residential real estate will boost growth at the start of 2016. more
Companies in April added fewer workers to U.S. payrolls than economists projected, signaling employment gains may have peaked, according to a private report. more
AstroNova’s CEO Gregory A. Woods received $2.2 million in compensation in 2015, a 224.1 percent increase from 2014, according to a federal filing released this week. more
Wheaton College’s series 2010 bonds have been downgraded from A3 to A2 by Moody’s Investors Service, which cited “fundamental challenges in its student market” as the reason. more
Rhode Island had the highest percentage growth in solar jobs in the country last year at 214 percent, according to The Solar Foundation. more
For several years, researchers have been sending people into tax preparation offices to test the quality of the work. The results have been scary: more
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
Gasoline prices are continuing to fall in Rhode Island and Massachusetts, tumbling another 2 cents and 4 cents, respectively, AAA Northeast said. more
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