Local News
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Luxottica Group SpA said founder Leonardo Del Vecchio will become interim chief executive officer after the Italian maker of Ray-Ban glasses lost its second leader in little more than a month. more
Economic momentum shifted into a higher gear in Rhode Island in August, a possible turning point in the state’s recovery, University of Rhode Island economist Leonard Lardaro said Monday. more
Nearly $1 million in funding from the U.S. Department of Housing and Urban Development’s Family Self Sufficiency Program for 11 cities and towns was announced Friday during a visit from the U.S. Secretary of Housing and Urban Development Julián Castro. more
Long-time Amica Mutual Insurance Co. Chairman, President and CEO Robert A. DiMuccio has been named the business leadership award winner in Providence Business News’ 14th annual Business Excellence Awards competition. more
LSI Industries Inc. has sold two assets, including one of its manufacturing facilities here for $1 million, in an effort to streamline manufacturing operations and reduce costs, according to a company news release distributed on Oct. 8. more
The R.I. Office of the Health Insurance Commissioner has been awarded a $1.1 million federal grant from the Center for Consumer Information & Insurance Oversight to support insurance rate review and increase transparency in the pricing of medical services. more
Providence Business News was named New England Newspaper of the Year for specialty publications by the New England Newspaper & Press Association at the organization’s 2014 Fall Conference Thursday. more
North Smithfield has become the first Rhode Island community to launch the “solarize” residential solar energy campaign. more
A Rhode Island neurologist is launching a research study using salsa dancing with the goal of improving overall physical activity and locomotion in people living with multiple sclerosis. more
Rhode Island had the third-highest tax rate on lodging last year, according to HVS Convention, Sports, and Entertainment Consulting’s third annual lodging tax study released this week. more
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