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Bank of America Corp. must face a lawsuit filed by a mortgage-bond trustee that seeks the repurchase of home loans backing $1.75 billion of securities, a judge ruled. more
The University of Massachusetts Dartmouth has permanently appointed its current interim dean of the Charlton College of Business – Angappa Gunasekaran – as the official head of the business school. more
The Rhode Island Community Food Bank has added a new 22-foot refrigerated truck to its fleet, courtesy of a $120,493 grant from the Champlin Foundations, the food bank announced Thursday. more
The American Athletic Conference, formerly the Big East Conference, unveiled its new logo on Thursday – a simple, athletic A in red, white and blue, which participating schools can customize with their own colors. more
Consumer sentiment last week hovered near a five-year high as more Americans said the economy was improving and their finances were mending. more
Rhode Island single-family home sales rose 7 percent in April compared with the same period last year, the Rhode Island Association of Realtors said Thursday. more
Medical device manufacturer Cadence Inc. broke ground Wednesday on a 34,000-square-foot expansion of its Cranston facility. more
Jewelry manufacturer Alex and Ani announced Wednesday that it has partnered with Borderfree, a market leader in global e-commerce solutions for U.S. retailers, in an effort to ship its eco-friendly jewelry products to more than 100 countries. more
United Natural Foods Inc.’s bottom line rose 8.9 percent year over year during the three months ended April 27, and 14.5 percent year over year for the first three quarters of its fiscal year, the company announced after close of business on Tuesday. more
The foreclosure inventory in Rhode Island was unchanged from April 2012 to April 2013 at 3.2 percent, CoreLogic reported Wednesday. This means that 3.2 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
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