Chip LeClerc
McCormack elected chair of UTIC board of directors, replacing Proffitt
MIDDLETOWN – Donald McCormack, senior consultant to McLaughlin Research Corp., has been elected chairperson of the Undersea Technology Innovation Consortium board of directors, the nonprofit announced...
U.S. employers cut a surprising 92K jobs last month as unemployment...
WASHINGTON (AP) – American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate blipped...
Tariff-spurred accounting write-off gives Hasbro $322.4M loss in 2025
PAWTUCKET – Hasbro Inc. posted a loss of $322.4 million for 2025 after taking a $1 billion non-cash goodwill write-off in the second quarter...
Virginia offshore wind developer sues over Trump administration order halting projects
NORFOLK, Va. (AP) – The developers of a Virginia offshore wind project are asking a federal judge to block a Trump administration order that...
Average U.S. long-term mortgage rate ticks down to 6.18% this week
WASHINGTON (AP) – The average rate on a 30-year U.S. mortgage ticked down modestly this week, remaining in the same narrow range of the...
Fed minutes: Most officials supported further rate cuts as worries about...
WASHINGTON (AP) – Most members of the Federal Reserve's interest-rate setting committee supported further reductions to its key interest rate this year, according to...
R.I. COVID-19 cases increased by 103 last week with no deaths
PROVIDENCE – Confirmed cases of COVID-19 in Rhode Island increased by 103, with no deaths, from April 14-20, the R.I. Department of Health said Thursday.
Typically, the...
Hasbro: ‘Small percentage’ of R.I. employees will be laid off
PAWTUCKET – Hasbro Inc. spokesperson Allison McEneaney told Providence Business News Friday that only “a small percentage" of the approximately 1,000 employees the company...
BofA Lincoln charity golf tournament raises $25K for Audubon Society
PROVIDENCE – Bank of America Corp.’s Merrill Lynch Wealth Management call center in Lincoln raised $25,000 for the Audubon Society of Rhode Island through...
MindImmune Therapeutics closes on $12.5M in Series A financing
PROVIDENCE – MindImmune Therapeutics Inc., a South Kingstown-based pharmaceutical company with ties to the University of Rhode Island, has closed on $12.4 million in...
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