Updated February 25 at 6:36pm
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One of the city’s groundbreaking restaurants restaurants today announced it will close its doors. The owners of Local 121, Nancy and Josh Miller said in a statement today the downtown restaurant will cease operations on March 11. more
Dozens of currency traders at some of the world’s biggest banks, from Credit Suisse Group AG to Bank of America Corp., have been named in a South African probe into an alleged scheme by the dealers to manipulate the value of the rand. more
The six largest U.S. banks could see annual profit jump by an average of 14 percent if President Donald Trump delivers on his promise to cut corporate taxes. more
For a glimpse at how Donald Trump’s “America first” approach to immigrants may affect the meat industry in the United States - the world’s largest beef producer - look no further than across the northern border to Canada. more
Kraft Heinz Co. made a $143 billion offer for Unilever, attempting the largest-ever takeover in the food or beverage industry to create a consumer-goods giant with household names from Dove soap to Heinz ketchup. more
State regulators on Thursday voted down two motions to dismiss Invenergy LLC’s request to build a controversial gas-fired power plant in Burrillville, and signaled a final decision isn't likely coming any time soon. more
The R.I. Historical Preservation and Heritage Commission has awarded $57,900 over six grants to local historic-preservation programs. Four communities will receive the funds to support a variety of activities. more
Mark S. Hayward, the Rhode Island district director of the U.S. Small Business Administration, will serve as a temporary senior adviser to Linda E. McMahon, confirmed by Congress on Tuesday to head the federal agency. more
(Updated, 5:22 p.m.) SoftBank Group Corp. is buying alternative-asset manager Fortress Investment Group LLC – the manager of Providence Journal parent company New Media Investment Group – for $3.3 billion in cash to operate alongside the Japanese company’s soon-to-be-established technology investment fund. more
As a way to expand the offerings of its student-led investment fund, Bryant University has extended a visiting professor appointment to Kevin Maloney, a veteran of the finance industry and academic in the field of fixed-income investments. more
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