Local News
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Economic data service e-forecasting.com has released a study that projects Rhode Island is in the midst of a real gross state product trough that will moderate only slightly in 2014 and that the state only will see substantial growth in its economy begin in 2015. more
Bryant University freshmen are participating in a four-day entrepreneurship program aimed at encouraging connecting with mentors as they try to solve real-world problems and innovate. more
Bank of America Corp. CEO Brian T. Moynihan said trading operations were profitable almost every day last quarter as the lender helped clients adjust to the prospect of higher interest rates. more
U.S. stocks rose after the International Monetary Fund raised its forecast for global growth and corporate earnings beat analysts’ estimates. more
The Dean Hotel on Fountain Street opened its doors to guests for the first time last Friday in what was described as a “soft opening” of the new boutique lodging house. more
Bank of America Corp. won’t face damages claims related to its 2009 Merrill Lynch acquisition in a lawsuit filed by the N.Y. Attorney General’s Office. more
BOSTON – Alex and Ani LLC has filed suit in U.S. District Court in Boston against Northeast Diamond and Casting Co. for making, importing and selling jewelry that allegedly infringe on the … more
For the second week in a row, the price of gasoline fell in both Rhode Island and Massachusetts, according to AAA Southern New England. more
The Governor’s Workforce Board has made available $700,000 to Rhode Island businesses for “incumbent worker training.” All Ocean State for-profit or nonprofit businesses that contribute to the Job Development Fund can apply for grants, which range in size from $5,000 to $40,000 and which must be matched by the company. more
The Naval Undersea Warfare Center spent $602 million of its total $874 million operating budget for 2013 on payroll, contracts with local companies, and construction and support for the command and research facility in Newport. more
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