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Chris Bergenheim

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COVID-19-specific Unemployment Insurance claims totaled 524 on Wednesday. / AP FILE PHOTO/NAM Y. HUH

COVID-19 UI claims increase by 524

PROVIDENCE – COVID-19 unemployment insurance filings increased by 524 on Wednesday, to 173,299, according to the R.I. Department of Labor and Training. Pandemic unemployment assistance...
THE R.I . HOUSE FINANCE COMMITTEE approved a revised budget for the current fiscal year that will go to the full House on Thursday./ PBN FILE PHOTO/ARTISTIC IMAGES

Key House panel OKs revised fiscal 2020 budget

PROVIDENCE – The House Finance Committee approved an $11.8 billion revised budget for the current fiscal year Tuesday evening, tapping the state’s “rainy day”...
ASTRONOVA reported a fiscal first-quarter profit of $432,000, a decline of 74.6% year over year, citing impacts of the COVID-19 pandemic. Above, Astronova president and CEO Gregory A. Woods. / PBN FILE PHOTO/ MICHAEL SALERNO

AstroNova Q1 profit dips on pandemic impact

WEST WARWICK – AstroNova Inc. reported a profit of $432,000 in the company's fiscal first quarter ended May 2, a decline from $1.7 million...
GENERAL DYNAMICS ELECTRIC BOAT has reached a new PILOT agreement with North Kingstown worth $78 million over 18 years. / COURTESY QUONSET DEVELOPMENT CORP.

EB, North Kingstown enter pact boosting payments in lieu of taxes...

PROVIDENCE – General Dynamics Electric Boat and North Kingstown have reached an agreement that will result in the town receiving millions more in funds...
UNITED NATURAL FOODS INC.'s profits rose 55% to $88 million in the company's fiscal third quarter ended May 2.

UNFI profits jump 55% on pandemic-driven demand

PROVIDENCE – United Natural Foods Inc. reported an $88 million profit in its fiscal third quarter ended May 2, a 54.4% increase year over...
CAI SOFTWARE has acquired Robocom Corp., based in Farmingdale, N.Y. Above, CAI Software CEO Brian Rigney. / COURTESY CAI SOFTWARE

CAI Software completes acquisition of N.Y.-based company

SMITHFIELD – CAI Software LLC has acquired Robocom Corp., a developer of supply-chain and warehouse-management system software solutions based in Farmingdale, N.Y., the company...
CAROLYN RAFAELIAN no longer had controlling state of Alex & Ani, according to a new lawsuit in U.S. District Court. / PBN FILE PHOTO/RUPERT WHITELEY

Lawsuit reveals Rafaelian divested control of Alex & Ani in 2019...

PROVIDENCE – Alex & Ani founder Carolyn Rafaelian is suing a private-equity firm now in control of the company, claiming that it is wrongfully...
A NEW report from the Rhode Island Public Expenditure Council projected that that the state's unemployment insurance trust will become insolvent by September, potentially resulting in raised business taxes down the road.

RIPEC: State unemployment trust may run out by Sept., resulting in...

PROVIDENCE – Rhode Island’s unemployment insurance trust fund is on track to run out by September, and the result may be higher taxes for...
RHODE ISLAND's home price index increased 7.1% year over year in April. / AP FILE PHOTO/DAVID ZALUBOWSKI

R.I.’s April home price index grows at fastest rate in N.E.

PROVIDENCE – The home price index in Rhode Island increased 7.1% year over year in April, the fastest growth rate in New England, CoreLogic...
BOTH OF TWIN RIVER's casinos on Rhode Island will open in an invitation-only, limited fashion starting June 8. / PBN FILE PHOTO/DAVE HANSEN

Twin River’s R.I. casinos to reopen on June 8 in limited...

PROVIDENCE – Twin River Worldwide Holdings Inc.’s two casinos in Rhode Island are scheduled to reopen on June 8, the R.I. Lottery announced on...

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