Economic Activity
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U.S. stock futures climb as investors await budget, Fed minutes
U.S. stock futures rose, signaling the Standard & Poor’s 500 Index will gain for a third day, before President Barack Obama submits his budget to Congress and the Federal Reserve releases minutes of its March meeting. more
U.S. isn’t broke, dollar won’t fail, Capital Economics says
The U.S. isn’t broke, and the dollar isn’t in danger of collapse even after unprecedented stimulus measures enacted following the worst financial crisis since the Great Depression, according to Capital Economics Ltd. more
Work begins on I-195 land
The next step in the redevelopment of the former Interstate 195 footprint in the capital city took place Monday, marked by an official groundbreaking at the western end of the property attended by Gov. Lincoln D. Chafee as well as the city’s congressional delegation. more
| 4/8/13 | 1 comment
Chafee picks Valois for second go-round to lead EDC
Gov. Lincoln D. Chafee Monday nominated Marcel A. Valois, former executive director of the R.I. Economic Development Corporation, to take over leadership of the quasi-state agency again. Valois previously led the EDC under then Gov. Lincoln Almond in the 1990s. more
| 4/8/13
Europe’s banks may need to shrink to cut costs, Barclays says
The European banking industry may have to consolidate further if revenues don’t recover and firms don’t achieve their cost-savings targets, according to a Barclays PLC research note. more
Bryant signs partnerships with Chinese education minister
Bryant University President Ronald K. Machtley and Ping Hao, the vice minister of Education for the People’s Republic of China, signed two new joint partnership agreements on Sunday in a ceremony at the president’s campus residence. more
Bristol County, Mass., chambers sign tourism memorandum
The five chambers of commerce based in Bristol County, Mass., have signed a memorandum of understanding to work cooperatively to revive the region’s tourism efforts. more
Housing: market shift to sellers?
House hunters diving into the spring real estate market may encounter something unseen since the giddy days of the subprime bubble: a bidding war. more

By Patrick Anderson
PBN Staff Writer | 4/8/13

RISD’s Maeda to receive innovation award
Rhode Island School of Design President John Maeda will be honored with the “STEM to STEAM” award by the Tribeca Film Festival later this month. more
| 4/5/13
Trinity Rep to honor 3 R.I. residents with Pell Awards
Trinity Repertory Company will honor three Rhode Island residents with Pell Awards along with Kate Burton, who was previously announced as the recipient of the 2013 Pell Award for Lifetime Achievement in the Arts. more
| 4/5/13
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