Local News
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General Dynamics Electric Boat is in a hiring surge to meet the requirements of U.S. Navy contracts and has already added more than 720 new employees at its Quonset Point facility since the beginning of the year, according to Jason Vlaun, the company’s human resources manager. more
The decommissioned USS Saratoga is on its way from Naval Station Newport to a recycling plant in Brownsville, Texas, where it will be scrapped and recycled, according to the U.S. Navy. more
(Updated, 1 p.m.) Bank of America Corp. agreed to pay about $16.7 billion to end federal and state probes into mortgage bond sales, the harshest penalty yet related to loans that fueled the 2008 financial crisis. more
AAA Southern New England projects that 34.7 million Americans will journey 50 miles or more from their homes during the Labor Day holiday weekend. This is the highest volume of travelers for the holiday since 2008. more
Secretary of State A. Ralph Mollis is bringing business owners, entrepreneurs, industry leaders and government officials together during the eighth annual “We Mean Business” expo on Sept. 3. more
A new progress report on student learning in city schools shows improvement in graduation rates and the dropout rate in 2012-13 and reflects administrative commitment to making more progress. more
The economy in the United States took a step forward as home sales unexpectedly climbed, manufacturing accelerated and the outlook for the second half of 2014 brightened. more
Providence Optical was named one of “America’s Finest Optical Retailers” for 2014 by “Invision” magazine, a business publication for eyewear professionals. more
On Thursday night President Obama slept where few presidents have slept before: Rhode Island. It’s been more than a half-century since a sitting president–JFK–spent the night in the nation’s smallest state. more
Trying to capitalize on yesterday’s news that the U.S. economy expanded more than forecast in the third quarter, President Barack Obama today will try to rally female voters in Providence, Rhode Island, four days ahead of the U.S. midterm elections. more
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