Updated July 30 at 11:27am
Local News
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Consumer confidence in the U.S. fell last week from a nine-month high as households became less optimistic about their finances, the buying climate and the national economy, the weekly Bloomberg Consumer Comfort Index showed Thursday. more
(Updated 2:50 p.m.) Sponsors for the annual Newport International Boat Show were announced last week by the Newport Exhibition Group, the show’s owner and producer. more
U.S. investors were jittery on Monday morning after fears of an economic slowdown had rocked markets around the world. more
Jonathan Nelson, CEO of Providence Equity Partners, made Forbes’ list of The World’s Billionaires, ranking No. 1011. more
Bankers trying to determine if their paychecks would be subject to a new set of U.S. rules may find that the issue is more about how they’re paid -- rather than how much. more
General Treasurer Seth Magaziner has created a new proxy voting policy for pension fund companies because he said he wants to see more diversity on corporate boards. more
Blue Cross & Blue Shield of Rhode Island donated more than $1 million in financial support to local nonprofit organizations last year, according to its 2015 Community Investment Report. more
First-time jobless claims unexpectedly fell last week and the number of Americans already receiving benefits tumbled to an almost 16-year low, consistent with a healthy labor market. more
Higher aviation, systems and industrial sales fueled increases in income and revenue in Textron Inc.’s first quarter. more
A new global study that examined the cost of operating back offices of the financial sector shows Providence is among the least expensive locations between the New York and Boston markets. more
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