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There are four important lessons to learn from Rhode Island’s 38 Studios disaster, according to Fortune Magazine Senior Editor Dan Primack.
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U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will complete a second straight weekly advance, on speculation central banks will act to boost economies as Europe’s debt crisis threatens growth.
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By Rita Nazareth
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Rhode Island’s unemployment rate dropped for the first time in three months to 11 percent in May, a two-tenths of a percentage point decrease from April, the R.I. Department of Labor reported Friday.
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By Rebecca Keister |
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Treasuries fell before the U.S. auctions $13 billion of 30-year bonds at what may be a record low yield amid speculation the Federal Reserve may take further measures to spur economic growth.
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By Susanne Walker
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RBS Citizens has sued former Red Sox pitcher Curt Schilling for $2.4 million to recover the loans made to Schilling’s defunct video game company, 38 Studios LLC, The Boston Globe reported.
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By PBN Staff
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Following a two-hour hearing on June 13, Superior Court Judge Brian Stern gave his approval to a $69 million “stalking horse” bid from Lawrence & Memorial in New London, Conn. to purchase Westerly Hospital, now in receivership.
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By Richard Asinof |
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Property and casualty insurance agency Lynch, Beretta and Bucci was acquired by Briarcliff Manor, N.Y.-based USI Insurance Services, USI announced Wednesday.
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By PBN Staff
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Lenders initiated 32 percent fewer foreclosure filings in the Providence-Fall River–New Bedford area in May than they did during the same period 2011, RealtyTrac said Thursday.
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By Patrick Anderson |
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Rhode Island ranked 15th out of the 50 United States and the District of Columbia for supporting new fathers in the workplace, according to a report from the National Partnership for Women & Families.
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By Emily Greenhalgh |
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Bank of America Corp., the second- biggest U.S. lender, divested a $1.3 billion credit-card portfolio after SLM Corp. chose Barclays Plc. for its college-savings program.
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By Margaret Collins and Hugh Son
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- Passenger trains bump along with fixes exceeding U.S. funds Yesterday at 2:03 PM
- R.I. outlook ranks 45th on ‘Rich States, Poor States’ report Yesterday at 1:54 PM
- Tennis Hall of Fame becomes first to earn museum accreditation Yesterday at 12:34 PM
