Updated May 4 at 11:26pm
Investing
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Mnemosyne Pharmaceuticals has changed its name to Luc Therapeutics and moved its headquarters from Providence to Cambridge. more
(Updated, 4:48 p.m.) Pointing to the currency crisis in Europe and China’s economic slowdown, Rhode Island’s general treasurer says volatility in the financial markets contributed to the 0.28 percent loss on the state’s pension investments last year. more
The past two state budget cycles focused on making Rhode Island more economically competitive among New England states, according to House Speaker Nicholas A. Mattiello. The 52-year-old Cranston Democrat wants to see Rhode Island get "in the game" … more
The City Council on Thursday approved a resolution calling on the Board of Investment Commissioners to move forward with divestment of city investments from fossil fuel companies. more
(Updated 1:06 p.m.) Providence Strategic Growth Capital, an affiliate of Providence Equity Partners LLC, has closed its first fund with $315 million of equity commitments. more
TAUNTON, Mass. – The South Eastern Economic Development (SEED) Corporation recently made a micro loan to Newport Potters Guild to enable the small business to start a pottery and clay art gallery and create four new jobs. more
On a fall Saturday four years ago, 330 people mingled and brainstormed at the R.I. Convention Center, floating ideas to boost a sluggish Rhode Island economy – envisioning paths to growth that would "make it happen" here. The "Make It … more
Bank of America Corp., the second-biggest U.S. lender, said profit rose 9.4 percent on gains in fixed-income trading revenue and declines in expenses. more
U.S. stocks fell Monday, with equities down for a fifth consecutive session, as raw-material and energy shares retreated amid more signs of slowing in China, while biotechnology companies extended last week’s selloff. more
The first half of this two-part column covered one of the major changes to the Affordable Care Act for 2015, the employer shared-responsibility mandate. Following are several other important changes that companies need to know about. … more
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