Updated March 24 at 2:26pm
Local News
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(Updated 12:50 p.m.) Rhode Island is one of several states facing “muted revenue growth” in 2016, Moody’s Investors Service said Friday in its report “States – US: State Tax Revenues Still Growing, but at a Slower Pace.” more
Rhode Island had a 7.2 percent year-over-year increase in construction employment in April, placing it 10th highest overall in the nation, the Associated General Contractors of America said Friday. more
Fiat Chrysler Automobiles NV is offering as much as $1,500 to good-guy hackers who find potential bugs and vulnerabilities in its vehicle software, in a program managed by a crowd-sourced cybersecurity company. more
U.S. Sen. Jack F. Reed said $20 million from a $74.9 billion fiscal 2017 Military Construction, Veterans Affairs, and Related Agencies Appropriations Bill has been earmarked to build a new, state-of-the-art National Guard Readiness Center. more
There’s more cash sitting on company balance sheets than ever before. For the first time since 2012, that’s not enough. more
The number of Americans who applied last week for unemployment benefits rose to a level that’s still consistent with steady improvement in the labor market. more
Cherenzia Excavation Inc., of Westerly, will pay a penalty of $84,070 for alleged violations of the Clean Air Act and has taken steps to minimize emissions of hazardous air pollutants and visually test for dust under an agreement signed recently with the U.S. Environmental Protection Agency. more
Those basement-dwelling millennials are at it again. more
Summer Infant Inc. reported $233,000 in profit, or 1 cent per diluted share, in the third quarter, reversing a loss of $1.8 million, or 10 cents per share, in the prior-year period, the baby and juvenile-product maker reported this week. more
Filings for U.S. unemployment benefits unexpectedly rose to the highest level in almost three months, extending increases from a four-decade low. more
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