Updated May 5 at 5:24am
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(Updated 2:23 p.m.) The Securities and Exchange Commission on Monday charged a former Bancorp Rhode Island Inc. board member with inside trading, alleging he tipped off three acquaintances about the bank’s potential acquisition with Brookline Bancorp Inc. in 2011. more
Rhode Island’s leading economic indicator index increased in April to 131.3, one-tenth of a percentage point higher than in March, according to Providence Business News and e-forecasting.com. more
University of Rhode Island President David M. Dooley made $330,000 in total compensation in 2014, ranking 61st among 238 chief executives at 220 public universities surveyed by the Chronicle of Higher Education. more
Gas prices rose 4 cents from last week in Rhode Island, but remained the same in Massachusetts, according to AAA Northeast. more
A national solar power provider announced on Monday it will begin providing service in 10 Rhode Island municipalities, increasing its national footprint to 18 states. more
CVS Health Corp. opened its first MinuteClinic in Providence last week inside the CVS/pharmacy store at 799 Hope St., marking its sixth retail medical clinic to open in Rhode Island since October. more
Mayor Jorge O. Elzora and FirstWorks Executive Artist Director Kathleen Pletcher have announced the artist roster for the Providence International Arts Festival this week. Events are slated June 11-14. more
To reduce Rhode Island’s status as a “national outlier” regarding its temporary disability insurance and temporary caregiver insurance programs, the Rhode Island Public Expenditure Council is recommending that the General Assembly explore potential reforms to save money. more
Startup Sproutel will receive nearly $150,000 in federal funding through the Small Business Innovation Research program, U.S. Sen. Sheldon Whitehouse and U.S. Rep. David N. Cicilline said Friday. more
A Boston-based nonprofit has collaborated with Rhode Island Housing to purchase the 88-unit Aaron Briggs Manor in Providence, which will be preserved for affordable housing for senior citizens. more
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