Lori Stabile, Author at Providence Business News

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Lori Stabile joined Providence Business News as the web editor in September 2014. Prior to joining PBN, she was a reporter and bureau chief for The Republican in Springfield, Mass., and a reporter for the Kent County Daily Times in West Warwick, R.I. She holds a bachelor’s degree in journalism and English from the University of Rhode Island.

RHODE ISLAND had the highest unemployment rate in New England last year at 5.3 percent, which was higher than the overall New England rate of 4.1 percent, according to the federal Bureau of Labor Statistics. /COURTESY U.S. BUREAU OF LABOR STATISTICS

R.I.’s unemployment rate highest in New England in 2016

Economy 04/19/2017

PROVIDENCE – Rhode Island had the highest unemployment rate in New England last year at 5.3 percent, which was higher than the overall New...

TEXTRON INC. reported lower revenue and profit in its first-quarter earnings release on Wednesday. Pictured is a Citation Sovereign+ jet. The company delivered only one more jet this quarter than in the year-ago quarter, 35 compared with 34. / COURTESY CESSNA AIRCRAFT CO.

Textron reports decline in profit, revenue in first quarter

Capital Goods 04/19/2017

PROVIDENCE – Textron Inc., the maker of Bell helicopter and Citation jets, reported a 32.7 percent decline in net income and a 3.4 percent...

CARE NEW ENGLAND said it is joining Partners HealthCare of Massachusetts, and that it has selected Prime Healthcare Foundation to pursue an acquisition of Memorial Hospital in Pawtucket. / COURTESY MEMORIAL HOSPITAL OF RHODE ISLAND

Care New England joining Partners HealthCare, selling Memorial Hospital

Health Services 04/19/2017

Updated 11:34 a.m. and 2:30 p.m. PROVIDENCE – Care New England Health System said Wednesday it will join Partners HealthCare of Massachusetts, and that it has...

THE U.S. Department of Justice has asked for documents in connection with its investigation into possible false claims or payments associated with the Unified Health Infrastructure Project computer system, which has had problems since its September rollout.

DOJ requests UHIP contract documents

Government 04/18/2017

PROVIDENCE – The federal Department of Justice has asked for documents in connection with its investigation into possible false claims or payments associated with...

RHODE ISLAND'S Tax Freedom Day is April 28, according to the Tax Foundation. /COURTESY TAX FOUNDATION

Tax Freedom Day April 28 in R.I., 42nd latest

Economic Activity 04/18/2017

PROVIDENCE – This year, tax freedom comes to Rhode Island on April 28. The Tax Foundation, an independent tax policy nonprofit, uses income and tax...

RHODE ISLAND RANKED 36th for its economic outlook and 48th for its economic performance, according to the 10th edition of Rich States, Poor States, released Tuesday by the American Legislative Exchange Council. /COURTESY ALEC

Report: R.I. ranks in lower half of states for economic outlook,...

Economic Activity 04/18/2017

PROVIDENCE – Rhode Island lands in the lower half of states for its economic outlook, coming in 36th, and even lower for its economic...

IGT sells Double Down Interactive for $825M

Technology 04/18/2017

PROVIDENCE – International Game Technology PLC on Tuesday said it is selling its social casino subsidiary, Double Down Interactive LLC, to an affiliate of...