Updated April 24 at 4:45pm
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Customers Bank Thursday named Steven J. Issa chief lending officer of the bank’s New England Group. more
The U.S. homeownership rate fell to the lowest in more than two decades in the fourth quarter as many would-be buyers stayed on the sidelines, giving the rental market a boost. The share … more
Apponaug Color & Hobby Shop Inc. opened Thursday for the first time in two days since a blizzard smacked Rhode Island with nearly 20 inches of snow. more
Bank of America Corp.’s gaffe on U.S. stress tests has meant “tough consequences” for investors, CEO Brian T. Moynihan said Wednesday as his staff and directors regrouped to figure out what went wrong. more
Ten journalists from the United States, Israel and El Salvador have received fellowships to attend the Metcalf Institute for Marine & Environmental Reporting’s 16th annual science workshop for journalists. more
Nortek Inc., maker of home and office security solutions, ventilation and air management products, and heating and cooling systems, posted a first-quarter net loss of $8.6 million, or 55 cents per diluted share, a reduction from the loss of $15.1 million, or 98 cent per diluted share, reported for the same period last year. more
Deepwater Wind LLC has announced it will develop the West Coast’s first offshore wind farm roughly 15 miles off Coos Bay, Ore., which could also become the world’s first commercial project to use floating foundation technology. more
The Providence-Warwick metro area saw single-family home prices increase 9 percent in March compared with the same month last year, according to the CoreLogic Home Price Index report released Tuesday. more
Ten Network Holdings Ltd., Australia’s No. 3 free-to-air commercial broadcaster, has drawn interest from potential buyers including Time Warner Inc. and Discovery Communications Inc., people with knowledge of the matter said. more
Gov. Lincoln D. Chafee and R.I. Director of Revenue Rosemary Booth Gallogly on Tuesday appointed a receiver for the Central Coventry Fire District as the district prepares to liquidate its assets later this month. more
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