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In 2012, 13.7 percent of Rhode Islanders, or close to 139,000 people, lived in households with income below the federal poverty level, according to the latest figures released by the U.S. Census Bureau’s American Community Survey. more
Citizens Bank President for Rhode Island and Connecticut Edward O. “Ned” Handy III, has left the Providence-based subsidiary of the Royal Bank of Scotland to become president and chief operating officer of The Washington Trust Co. more
The same federal contractor that vetted Edward Snowden, who leaked information about classified U.S. spying programs, also performed a background check that let the Washington Navy Yard shooter obtain a security clearance. more
Rhode Island single-family home sales stayed strong in August, climbing 22 percent compared with the same period last year, the Rhode Island Association of Realtors said Friday. more
Rhode Island’s seasonally adjusted unemployment rate for August climbed to 9.1 percent, an increase from 8.9 percent in July, the R.I. Department of Labor and Training reported Thursday. more
General Dynamics Electric Boat President Kevin J. Poitras will retire effective Nov. 4, 2013, the company announced Wednesday. more
Owners of about 45 Turkish private-equity investments will probably consider sales in the next two years as buyout firms take advantage of an improving economy. more
The Rhode Island Blood Center opened a new state-of-the-art laboratory on Thursday that will allow for increased blood-testing capacity. more
Hatch Entrepreneurial Center, a shared workspace and incubator for early-stage businesses, celebrated its official grand opening Wednesday. more
Mark L. Stenning, longtime CEO of the International Tennis Hall of Fame & Museum, will leave his post in September 2014, but will remain on the board of directors and stay on as a consultant. more
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