Updated April 25 at 4:56pm
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The number of contracts to purchase previously owned U.S. homes jumped in May by the most in more than four years, a sign the residential-real estate market is rebounding after a slow start to the year. more
Rhode Island Hospital has received a $50,000 grant from the CareFusion Foundation, one of 11 nonprofit health care institutions nationwide to receive funding under the Clinical Excellence Grant Program held annually by the charitable giving arm of health care device manufacturer CareFusion Corp. more
The state of Rhode Island has reached a tentative settlement with the law firm Moses Afonso Ryan Ltd., and one of the firm’s partners, Antonio Afonso Jr., who served as bond counsel to the state on the 38 Studios LLC bond deal. more
The R.I. Department of Taxation on Friday released a brief summarizing the tax changes outlined in the fiscal year 2015 state budget that Gov. Lincoln D. Chafee signed into law last week. more
The Governor’s Workforce Board has awarded $1.75 million in Innovative Partnership grants ranging in size from $86,000 to $196,000 to 13 organizations. more
The nonprofit Big Brothers of Rhode Island is merging with Big Brothers Big Sisters of the Ocean State, effective July 1, said Big Brothers President Joseph C. Manera Jr. Big Brothers Big Sisters of the Ocean State started out as a Big Sister organization in 1967 but in 2010 expanded to include boys, despite the presence of Big Brothers of Rhode Island. more
Rhode Island Superior Court Judge Michael A. Silverstein has appointed a temporary receiver to oversee the Blue Grotto restaurant’s finances and assets, following the closure of the Federal Hill eatery earlier this month. more
U.S. stocks fluctuated, with the Standard & Poor’s 500 Index poised for a weekly drop, as DuPont Co. slid after cutting its earnings forecast while utilities and consumer shares led gains. more
Rhode Island mobile Web solutions company MoFuse Inc. has been acquired by The Search Agency, a global online marketing firm headquartered in Los Angeles seeking to boost its mobile management offerings for small and local businesses. more
A total of 451 single-family and multifamily homes in Rhode Island were foreclosed upon during the first quarter of 2014, an increase of 19.9 percent over the 376 foreclosures reported for the same period last year, affordable homes coalition HousingWorks RI reported Thursday. more
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