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Companies buying their own stock make up more of the U.S. equity market than ever before, underpinning share values even as the Federal Reserve prepares to reduce stimulus. more
(Updated, 4 p.m.) Former Brown University President Ruth J. Simmons was Rhode Island’s highest paid college president in 2011 at just under $1.3 million, according to the Chronicle of Higher Education, which ranked her 21st in the nation for the year. more
American assembly lines churned out more cars, electronics and furniture in November, showing manufacturing will help the world’s largest economy strengthen in 2014. more
Granite Telecommunications LLC, on Monday planned a ribbon-cutting for a new office that marks an expansion in Rhode Island, adding 50 employees. more
Gasoline prices maintained their consistent rise over the last week in both Rhode Island and Massachusetts, the fourth consecutive week of higher prices in both states, according to the weekly survey by AAA Southern New England. more
More than 30,000 for-profit businesses will be required to file annual reports with the Office of the Secretary of State starting Jan. 1. more
Rhode Island’s economy sustained positive, if sluggish, momentum in October, according to the Current Conditions Index produced by University of Rhode Island economist Leonard Lardaro. more
A total of 7,929 Rhode Islanders had enrolled for health insurance through the HealthSource RI exchange as of Nov. 30, of which 5,280 enrolled for Medicaid and 2,649 enrolled for individual or family plans, according to a Friday report from HealthSource RI and the R.I. Executive Office of Health and Human Services. more
The Scorpion tactical jet, developed by Textron AirLand LLC, completed its first flight Thursday at McConnell Air Force Base, less than 24 months after the initial design phase began to develop the aircraft. more
A Dec. 10 auction of 38 Studios’ intellectual property assets grossed $320,000, but no “acceptable offers” were made for the 38 Studios video game under development when the company declared bankruptcy, codenamed “Copernicus,” according to a statement from 38 Studios receiver Richard J. Land. more
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