Updated October 8 at 5:08pm
Local News
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New Media Investment Group Inc., whose subsidiary Gatehouse Media owns The Providence Journal, recently completed the previously announced acquisition of substantially all of the assets of Stephens Media LLC for $102.5 million in cash, subject to working capital adjustments. more
Rhode Island received a grade of C+, and an overall score of 76 out of 100, regarding its online spending transparency, according to the U.S. Public Interest Research Group Education Fund and its affiliate RIPIRG Education Fund, which released “Following the Money 2015: How the 50 States Rate in Providing Online Access to Government Spending Data” on Wednesday. more
The deadline for the R.I. Business Plan Competition is quickly approaching. more
Fewer than 300,000 Americans filed applications for unemployment benefits for a second week, signaling the labor market remains strong. more
(Updated, 5:30 p.m.) Gov. Gina M. Raimondo has proposed an increase in the minimum wage from the existing $9 an hour to $10.10, to help working families and strengthen the state’s middle class, according to a statement from her office. more
Completed foreclosures in Rhode Island fell 6.8 percent year over year for the 12 months through April to 1,566, CoreLogic said Tuesday. more
Citizens Financial Group Inc. has appointed Eric Aboaf executive vice president and chief financial officer. more
GTECH S.p.A. reported a fourth-quarter loss and less profit in 2014 compared with 2013, but revenue increases for both time periods in its earnings report released Monday. more
College applicants who are put on a wait list—unable to rejoice at their success or fully wallow in rejection—may not know just how to feel about the news. At a handful of ultra-selective colleges, the answer is unambiguous: A spot on the wait list is tantamount to rejection. more
A new assessment on health care premiums for individuals and businesses included in Gov. Gina M. Raimondo’s fiscal 2016 budget is expected to generate $11.2 million annually, money that will be used to fund HealthSource RI’s budget, its director said Wednesday. more
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