Updated August 27 at 5:07pm
Local News
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(Updated 10:10 a.m. and 12:39 p.m.) The R.I. Commerce Corp. said Tuesday that it has agreed to a $25.6 million settlement with two more defendants in the ongoing 38 Studios LLC civil lawsuit. 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
Rhode Island students in multiple grades increased their participation in the Partnership for Assessment of Readiness for College and Careers and raised their scores in English language arts/literacy and mathematics according to the 2016 PARCC report released Thursday. 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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