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RHODE ISLAND’S seasonally adjusted unemployment rate in May was 4.9%, same as April, the R.I. Department of Labor and Training says. / AP FILE PHOTO/LYNNE SLADKY 

R.I. monthly unemployment remains at 4.9% in May

CRANSTON – Rhode Island’s seasonally adjusted unemployment rate in May was 4.9%, same as April, the R.I. Department of Labor and Training said Friday.  The...
ON THE MOVE: Stephan Vaast, Comet’s head of manufacturing and design, says the company moved into its current location at Unity Park in Bristol just a few months ago. Boards had been made on the West Coast for years, but the COVID-19 pandemic pushed Comet to make a change. 
PBN PHOTO/TRACY JENKINS

Meet the Maker: Bristol-based skateboard manufacturer Is picking up momentum

(Editor’s note: This is the 34th installment in a monthly series highlighting some of the region’s unsung manufacturers that make products essential to the...

Federal judge to deny Trump administration’s motion to dismiss lawsuit over...

A federal judge in Massachusetts said Wednesday he plans to deny a motion by the Trump administration to dismiss a lawsuit over its blocking...

Report: Hasbro laying off 3% of its global workforce due to...

PAWTUCKET – Hasbro Inc. is laying off 3% of its global workforce due to tariffs, multiple media outlets reported Wednesday.  The job cuts span departments...

Lardaro: Concerns about R.I.’s economy remain despite strong April performance

PROVIDENCE – Rhode Island’s economy bounced back in April after its horrible performance in March but concerns remain, University of Rhode Island economist and...
DANNY DEEP, the current executive vice president of Combat Systems for General Dynamics, has been promoted to executive vice president of Global Operations, the defense company announced in its filing with U.S. Securities and Exchange Commission on June 9. / COURTESY GENERAL DYNAMICS CORP.

SEC filing of the week: General Dynamics names new EVP of...

PROVIDENCE – Danny Deep, the current executive vice president of Combat Systems for General Dynamics Corp., has been promoted to executive vice president of...

PBN recognizes 2025 Best Places to Work in loud, festive environment

WARWICK – A worldwide travel and tour operator, a construction company, an insurance company and a nonprofit were recognized among 64 honorees in Providence...

U.S. producer prices rise modest 2.6% in May with inflationary pressures...

WASHINGTON (AP) – U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.  The Labor Department reported Thursday...

State awards $9.7M in blue economy grants

BRISTOL – Gathered at Unity Park on Wednesday morning, state and business leaders recalled a much different picture of the business center. Outgoing R.I. Commerce...

Hiring in the U.S. slows, yet employers added a solid 139K

WASHINGTON (AP) – U.S. employers slowed hiring last month, but still added a solid 139,000 jobs amid uncertainty over President Donald Trump's trade wars.  Hiring fell...
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