Local News
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Mall owners, the best-performing U.S. property stocks for four years, have tumbled to the worst as sluggish retail sales and limited opportunities to expand drive investors to look elsewhere for earnings growth. more
The R.I. Airport Corporation and the R.I. Emergency Management Agency will hold a disaster preparedness exercise at T.F. Green Airport on Saturday, Sept. 14. more
The Rhode Island Marine Trades Association will honor Sen. Sheldon Whitehouse and Hunt Yachts President Peter Van Lancker at its fourth annual Industry Partnership Breakfast on Sept. 14. more
Retail sales in the U.S. rose less than forecast in August as the biggest part of the economy struggled to gain momentum. more
A state commission created by the Rhode Island General Assembly is exploring the feasibility of reducing or eliminating the state’s 7 percent sales tax, the Associated Press reported Thursday. more
Dunkin’ Brands Group Inc., the owner of Dunkin’ Donuts coffee and doughnut shops, plans to expand the chain into the U.K. with as many as 150 stores in five years. more
For the first time in more than a decade, Lifespan’s board of directors approved a budget with a negative bottom line — a $12 million operating loss for fiscal year 2014. more
Jobless claims in the U.S. declined last week to the lowest level since April 2006 as work on computer systems in two states caused those employment agencies to report fewer applications. more
Roger Williams University has frozen tuition rates for the second year in a row, finding higher retention rates have more than covered the revenue lost by not raising rates last year, school officials announced Thursday. more
Slow, modest growth characterized the past year in the Rhode Island lodging and restaurant industries, and more of the same is forecast for 2014, according to experts speaking at the Rhode Island Hospitality Association’s 10th annual Economic Outlook Breakfast held Thursday. more
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