Updated February 27 at 11:27am
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General Treasurer Seth Magaziner has created a new proxy voting policy for pension fund companies because he said he wants to see more diversity on corporate boards. more
A new global study that examined the cost of operating back offices of the financial sector shows Providence is among the least expensive locations between the New York and Boston markets. more
Purchases of previously owned U.S. homes rose more than projected in March, indicating resilience in demand heading into the spring selling season. more
The Providence Public Library this week received $530,000 in National Leadership Grants for Libraries funding from the Institute of Museum and Library Services to develop a teen workforce development program. more
Bucking their rent-not-own reputation, millennials are looking forward to buying a home, but many have grossly underestimated just how much they’ll need for that all-important down payment. more
The Slater Technology Fund has invested $350,000 in city firm Datarista. more
Brookline Bancorp Inc. on Tuesday reported first-quarter profit grew 10.9 percent to $13.6 million, or 18 cents per diluted share, compared with $12.3 million, or 17 cents per diluted share, largely because of an increase realized in loans and leases. more
Higher aviation, systems and industrial sales fueled increases in income and revenue in Textron Inc.’s first quarter. more
Bryant University, Providence College and Stonehill College all were recognized by Bloomberg Businessweek for being among the best undergraduate business schools in the nation. more
A Boston development team plans to convert the former Imperial Knife Factory in the Olneyville neighborhood to 60 affordable apartments, in part by demolishing non-original portions of the building. more
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