Updated September 1 at 11:16am
Local News
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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
Cox Communications and the James M. Cox Foundation have announced a $125,000 challenge grant for Save The Bay, which will be used to create a public access pier in south Providence. more
Alex and Ani LLC has named Harlan M. Kent president of the company. The former CEO of Yankee Candle has nearly 30 years of experience working in consumer-focused public and private businesses. more
Ocean State Theatre Company has announced its fourth season, which will open with the macabre musical comedy, The Addams Family. more
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