Updated December 4 at 6:25am
Local News
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Service industries expanded in January at the slowest pace in nearly two years, raising the risk that persistent weakness in manufacturing is starting to creep into the rest of the U.S. economy. more
A federal agency is awarding $18 million to states and U.S. territories to help small businesses increase exports. more
United Natural Foods Inc. has acquired Gourmet Guru, a Bronx, N.Y., distributor and merchandiser of fresh and organic food. more
At the 21st annual New England Fine Furnishings Show held recently, two Rhode Island-based designers took home “Best in Show” awards for their work, according to a release sent Tuesday by KL Communications and Rockler Woodworking and Hardware. more
Partisan conflict among U.S. political leaders in 2016 is higher than any election year since at least 1984, offering another hurdle for the economy seven years after the last recession. more
FM Global said ground was broken last week on an approximately $55 million loss prevention training and operations center in Singapore, which represents additional expansion in Asia for the commercial and industrial property insurer. more
Bryant University has been named the top business school in Rhode Island by Business-Management-Degree.net. more
The U.S. Small Business Administration on Wednesday announced Bay Colony Development Corp., a certified development company, will now be allowed to serve all Rhode Island counties. more
Filings for U.S. unemployment benefits dropped last week to match the lowest level since April, a sign the labor market remains healthy even as hiring moderates. more
The European bank stress tests demonstrated that U.S. lenders are further along in their recovery from the financial crisis, Bank of America Corp. CEO Brian Moynihan said. more
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