Updated April 1 at 7:01pm
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Single-family home sales in Massachusetts fell 2.3 percent to 3,427 sales in April compared with 3,508 sales during the same month last year, real estate data tracking firm The Warren Group reported Wednesday. more
The University of Massachusetts Dartmouth has tapped Michael Goodman, an expert on the Massachusetts economy, to lead the school’s Center for Policy Analysis. An economic sociologist, Goodman will succeed Clyde W. Barrow as director effective July 1. more
Rhode Island will receive more than $2.7 million to clean up properties in Pawtucket, Providence and Westerly that have been designated “brownfields,” where expansion or redevelopment is prevented due to hazardous pollutants or contaminants, the state’s congressional delegation announced Wednesday. more
U.S. banks had $37.2 billion in first-quarter net income as mortgage and trading revenue fell, the Federal Deposit Insurance Corp. said in its quarterly report on industry earnings. more
Royal Bank of Scotland Group PLC, Britain’s largest state-owned lender, plans to cut hundreds of U.S. jobs while shrinking its mortgage-trading business ahead of stiffer capital rules. more
Nabsys Inc. has begun a search for CEO candidates with experience in life sciences commercialization, as the company moves closer to bringing its high-speed DNA sequencing technology to market, current CEO Dr. Barrett Bready told Providence Business News. more
French President Francois Hollande’s government said General Electric Co. improved its proposal for Alstom SA’s energy business as Chief Executive Officer Jeffrey Immelt pledged to create new jobs, softening its stance on the U.S. company’s takeover plans. more
Passenger traffic at T.F. Green Airport declined in April for a fourth consecutive month, dropping 7.6 percent to 305,453 total passengers from 330,423 passengers in April 2013, according to numbers released Tuesday by the R.I. Airport Corporation. more
Reversing her announcement last week that Rhode Island’s state-run health insurance exchange would require $4.6 million in the state budget for fiscal year 2015, HealthSource RI Executive Director Christine Ferguson said Tuesday that state funding would no longer be necessary after a clarification of the federal government’s role in the exchange. more
Brown University has decided to offer a joint master’s degree in business administration through its joint program with the IE Business School in Madrid. more
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