Updated May 22 at 5:40pm
Local News
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Microsoft Corp. said it will eliminate as many as 18,000 jobs, the largest round of cuts in its history, as Chief Executive Officer Satya Nadella integrates Nokia Oyj’s handset unit and slims down the software maker. more
The National Endowment for the Arts has announced a $75,000 grant to the city of Pawtucket, one of 66 cities in 38 states nationwide to receive funding under the NEA’s “Our Town” program to enliven local communities through artistic projects. more
The Rhode Island Center for Freedom & Prosperity on Thursday released its 2014 Report Card on Rhode Island Competitiveness, in which the Ocean State scored a “D” or “F” in nearly 80 percent of the measures analyzed to evaluate the state’s regional and natural economic competitiveness. more
Beginning home construction unexpectedly declined in June to a nine-month low as a record plunge in the South swamped gains in the rest of the U.S. more
Rhode Island will receive $193,090 in federal funding through the National Oceanic and Atmospheric Administration to make the state’s coastline more resilient to future storms and rising sea levels. more
Wright’s Dairy Farm in North Smithfield has been named Rhode Island’s 2014 Outstanding Dairy Farm of the Year by the Rhode Island Green Pastures Committee, the R.I. Department of Environmental Management announced Thursday. more
Health Insurance Commissioner Dr. Kathleen C. Hittner has approved lower 2015 premium rate increases than requested by Rhode Island’s four health insurance companies for several individual, small group and large employer plans. more
Despite earlier hopes that improved consumer confidence would drive renewed economic growth in the region, New England businesses reported mixed results during May and June, pointing to slow economic growth overall, according to the Federal Reserve Board’s Beige Book released Wednesday. more
Textron Inc.’s V-22 Osprey, the tilt-rotor craft that entered development almost 25 years ago, is poised to win its first export deals as Israel and Japan close in on purchases. more
Bringing Broadway to the Providence Performing Arts Center will continue through the 2016-17 season thanks to a new multi-year sponsorship by the Taco/White Family Foundation. more
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