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WaterFire looks to region for help designing sustainable future
WaterFire Providence is asking its supporters for help in an “unusual” way. The nonprofit organization was recently named one of 14 semifinalists in the ArtsFwd 2013 Business Unusual National Challenge, and it’s looking for online votes to help it come out on top. more
Even with jobless rate drop, R.I. stays No. 6 in U.S. at 8.8%
Despite the three-tenths of a percentage point decline in its unemployment rate in April, to 8.8 percent, Rhode Island still has the sixth-highest jobless rate in the nation, according to data released Friday by the U.S. Bureau of Labor Statistics. more
| 5/17/13
Bike link re-established between East Side, East Providence
Just in time for Bike to Work Day, the R.I. Department of Transportation, in partnership with the Blackstone Valley Tourism Council and the Narragansett Bay Wheelmen, announced Friday the establishment of a new bike route that preserves the connection between Providence and East Providence despite the Washington Bridge Bikeway closure. more
Velocity achieved in U.S. as growth for 2 years seen in poll
The U.S. economy will continue to recover until at least 2015 without tumbling into a recession, achieving the sustained growth that has eluded it since the last slump ended four years ago, according to a Bloomberg poll. more
Jobless rate drops to 8.8% in April, as workforce contracts more
Rhode Island’s unemployment rate fell to 8.8 percent in April, the 10th consecutive monthly drop in the jobless rate and the lowest it has been since October 2008, the R.I. Department of Labor and Training said Thursday. more
R.I. Foundation hits record for assets as it expands reach
The Rhode Island Foundation ended the year with a record $678 million in asset, an increase on its 2011 year-end asset total of $604 million, thanks in part to a 13.1 percent return on its investments, according to its recently released annual report. more
Consumer prices in U.S. dropped more than forecast in April
The cost of living in the United States fell in April for a second consecutive month, the first back-to-back declines in inflation since late 2008, as fuel prices retreated. more
Customers increases public offering amount to $90M
Customers Bancorp Inc., parent company of Customers Bank, has increased its previously announced offering of $75 million of common stock to $90 million, the bank announced Wednesday. more
Details emerge on insurance plans to be offered on exchange
Three health insurers – Blue Cross & Blue Shield of Rhode Island, UnitedHealthcare of New England, and Neighborhood Health Plan of Rhode Island – will offer a total of 28 health plans on the R.I. Health Benefits Exchange for the individual and small group markets beginning on Oct. 1. more
Feds grant $654K to help R.I. fight fire more effectively
A handful of local fire departments and one agency in Rhode Island will receive $654,160 worth of federal fire safety grants to help upgrade equipment and train firefighters, officials announced Wednesday. more
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