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  • Unemployment rate drops in 24 states in January Tuesday, 17 Mar 2015 | 10:23 AM ET

    The Labor Department said Tuesday that jobless rates were unchanged from December in 18 states and in Washington, D.C.. Unemployment dropped the most from January 2014 in Illinois and in Rhode Island. Employers added jobs in 39 states and reduced them in 10 and in Washington, D.C. California gained 67,300 jobs in January, Ohio rose 25,100 and Michigan added...

  • KVH posts 4Q profit Monday, 16 Mar 2015 | 6:18 PM ET

    MIDDLETOWN, R.I. _ KVH Industries Inc. on Monday reported fourth-quarter net income of $958,000, after reporting a loss in the same period a year earlier. On a per-share basis, the Middletown, Rhode Island- based company said it had net income of 6 cents. KVH expects full-year earnings in the range of 81 cents to 91 cents per share, with revenue ranging from $190...

  • Jamaica hopes Jewish tourism can help fading community Sunday, 15 Mar 2015 | 12:30 AM ET

    KINGSTON, Jamaica— It's Saturday morning at Sha'are Shalom, but there aren't enough Jews gathered in the dim light of Jamaica's only synagogue to conduct a formal prayer service. An American tourist watches near the entrance of the historic temple as a half dozen members of Jamaica's dwindling Jewish community instead perform informal Sabbath prayers led by...

  • A look at casino developments in New England Saturday, 14 Mar 2015 | 12:49 PM ET

    BOSTON— A casino arms race is building in New England. Leading lawmakers propose up to three new casinos in the home state of Mohegan Sun and Foxwoods. Foxwoods is also slated to open a roughly 80- store Tanger Outlets shopping complex at its flagship casino in May while Mohegan Sun announced plans this month for a second, 400- room hotel to open by 2016..

  • New England states face off in a race for casino dollars Saturday, 14 Mar 2015 | 12:46 PM ET

    From Connecticut to Maine, lawmakers worried about losing jobs and revenue are proposing expansion of the gambling industry in the increasingly casino-crowded Northeast. "It could get nasty in New England," says Keith Foley, a senior vice president at Moody's Investors Service in New York. "Massachusetts has declared economic war on us," said Connecticut Senate...

  • In a state Supreme Court chamber packed with politicians, union leaders and other observers, Illinois is defending the constitutionality of the law aimed at curbing ballooning public pension costs. The stakes are especially high for Illinois. With a $105 billion unfunded pension liability, Illinois says it cannot afford core services such as healthcare and...

  • "Sharpening the definition of insider trading will clear up ambiguity in the law and help repair a broken system," Reed, a Rhode Island Democrat who like Menendez is a member of the Senate Banking Committee, said in a statement. If enacted, the legislation would broaden what constitutes insider trading following the December ruling by the 2nd U.S. Circuit Court of...

  • Private equity fund managers, gathering in Berlin on Monday for their largest annual conference, will weigh the potential threat of deep pocketed buyers from developing economies in Asia and the Middle East. This group, which includes China's property and entertainment giant Dalian Wanda Group Co and sovereign wealth funds from Singapore, Qatar, Kuwait and...

  • Private equity fund managers, gathering in Berlin on Monday for their largest annual conference, will weigh the potential threat of deep pocketed buyers from developing economies in Asia and the Middle East. This group, which includes China's property and entertainment giant Dalian Wanda Group Co and sovereign wealth funds from Singapore, Qatar, Kuwait and...

  • Allen Reichman, 55, pleaded guilty in Manhattan federal court to one count of conspiracy to commit wire fraud in a case that originated with a related investigation into a failed New York bank. In December one of his co-defendants, Kentucky businessman Wilbur Huff, pleaded guilty. The case grew out of a probe into Park Avenue Bank, which went under in March 2010.

  • LONDON, Feb 20- Royal Bank of Scotland is likely to write down the value of its U.S. bank Citizens by about 4 billion pounds next week, industry sources said, potentially wiping out much of the state-backed bank's annual profit. RBS, 80 percent owned by the UK government after being rescued in 2008, sold 29 percent of Citizens Financial Group in September and is...

  • NEW YORK, Feb 17- President Barack Obama's administration faces a difficult and possibly lengthy legal battle to overturn a Texas court ruling that blocked his landmark immigration overhaul, since the judge based his decision on an obscure and unsettled area of administrative law, lawyers said. The failure to do so, Hanen wrote, was a violation of the 1946...

  • More than 50 million people from Michigan to southern Canada were in the path of the storm, which was tracking east over the Great Lakes and gaining strength as it approached the Atlantic coast of New England, the National Weather Service said. The most severe weather was heading for the New England coast, including Massachusetts, Rhode Island, Connecticut and...

  • More than 50 million people from Michigan to southern Canada were in the path of the storm, which was tracking east over the Great Lakes and gaining strength as it approached the Atlantic coast, the National Weather Service said. In Boston, snow fell hard in the late afternoon, paused for an early evening lull and then picked up again. The most severe weather was...

  • More than 50 million people from Michigan to southern Canada were in the path of the storm, which was tracking east over the Great Lakes and gaining strength as it approached the Atlantic coast, the National Weather Service said. The most severe weather was heading for the New England coast, including Massachusetts, Rhode Island, Connecticut and New Hampshire,...

  • BOSTON, Feb 10- Ten U.S. states have sent a letter to Anthem Inc complaining that the company has been too slow in notifying consumers that they were victims of a massive data breach disclosed last week. "The delay in notifying those impacted is unreasonable and is causing unnecessary added worry to an already concerned population of Anthem customers," said the...

  • BOSTON, Feb 10- Attorneys general from 10 U.S. states sent a letter to Anthem Inc complaining that the company has been too slow in notifying consumers that they were victims of a massive data breach disclosed last week. "Anthem must communicate detailed information without any further unnecessary delay," said the letter, which was written by Connecticut...

  • LONDON, Feb 5- Greece's new Syriza government spent its first week in power trying to make friends with European policymakers and wary investors. While most in the market see Syriza as a threat to Greece's future in the euro zone-- and implicitly to their Greek and other European bond holdings-- the Providence, Rhode Island company praised voters for showing "...

  • MARSHFIELD, Mass., Jan 28- Ocean Street in the waterfront Massachusetts town of Marshfield was littered with lobster traps, downed wires and chunks of houses on Wednesday, after a massive blizzard hammered New England. Notably absent was much of the 2 feet of snow that blanketed much of the Boston area, since for much of the storm, Ocean Street was under water because...

  • MARSHFIELD, Mass., Jan 28- Ocean Street in the waterfront Massachusetts town of Marshfield was littered with lobster traps, downed wires and chunks of houses on Wednesday, the day after a massive blizzard hammered New England. Notably absent was much of the 2 feet of snow that blanketed much of the Boston area, since for much of the storm, Ocean Street was under water...