Updated August 31 at 5:31pm
Local News
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A $476,854 federal Educational Talent Search grant for the Community College of Rhode Island was announced this week by U.S. Sens. Jack F. Reed and Sheldon Whitehouse and U.S. Reps. James R. Langevin and David N. Cicilline. more
Fewer Americans filed for unemployment benefits last week, illustrating a healthy labor market that’s allowing workers to feel more secure in their job. more
Venture capitalists made fewer bets in the U.S. last quarter, while putting a larger proportion of their money into the most mature private companies, according to research firm PitchBook Data. more
The Providence Children’s Museum’s Board of Directors has named Caroline Payson as its new executive director following a national search. more
Wages are still stagnant, yet employers have found something else to help attract and retain employees: health-care benefits. A good insurance plan has become a more vital tool than ever for hiring, according to a recent survey from the Society of Human Resources. more
The Rhode Island Foundation is accepting applications for a fifth round of $300,000 innovation fellowships. more
Millennials are increasingly shunning big banks and going local with their money. more
Initial jobless claims in the U.S. continued to hover around four-decade lows last week as the labor market strengthens toward full employment. more
The Providence Finance Committee on Monday approved a $13 million debt service request to buy every city streetlight and convert each one into LED fixtures, a move officials said could save the city $24.2 million through the next 10 years and help reduce its short-term debt. more
Paolino Properties has purchased a historic brownstone, the Fletcher Building, from a local developer for $2.8 million, the company announced Thursday. more
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