Updated January 29 at 9:29pm
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Rhode Island defeated a legal challenge from OppenheimerFunds Inc. to its plan to sell $594 million of debt backed by payments from tobacco companies that agreed in 1998 to reimburse states for expenses associated with smoking-related illnesses. more
Bank of America Corp. awarded six Rhode Island nonprofits $270,000 to support services related to basic human needs, including hunger relief, shelter, educational and social services. more
For the sixth consecutive week, the retail price of gasoline fell in Rhode Island and Massachusetts, according to AAA Southern New England. more
Spectra Systems Corp. announced Monday its receipt of two U.S. patents that the company says will go toward saving central banks billions of dollars annually on costs associated with replacing soiled banknotes. more
The Newport County Mentor/Co-op Group has asked the R.I. Department of Education to consider supporting an advanced manufacturing academy, a charter school, based in Newport County. more
European stocks advanced for a third day, extending their highest level since 2008, amid investor expectations the European Central Bank will announce a plan for quantitative easing this week. more
After startups from France’s Vente-Privee.com SA to the U.K.’s Hailo Network Ltd. retreated from the United States last year, European entrepreneurs are learning just how hard crossing the Atlantic can be. more
From water treatment systems and recycled fashion to toys for children of all abilities and a food truck for the hungry, Social Enterprise Greenhouse’s 2015 accelerator class features entrepreneurs launching a variety of initiatives. more
Sources confirmed Friday that Cape Wind Associates LLC has ended payments and an existing lease agreement option with Quonset Business Park in North Kingstown. more
The consumer price index in the Northeast rose 0.4 percent in December compared with December 2013, according to the federal Bureau of Labor Statistics. more
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