Updated July 6 at 1:06pm
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Sensata Technologies Holding N.V. reported a 50.8 percent increase in profit, and a nearly 22 percent increase in revenue in 2014 when compared with 2013’s numbers, in an earnings report released Tuesday. more
Home prices in 20 U.S. cities rose at a slower pace in the year ended in October, putting the market on better footing heading into 2015. more
Royal Bank of Scotland Group PLC said investors agreed to pay $3.21 billion in a public offering for a 25 percent stake in its U.S. unit Citizens Financial Group Inc. more
Rhode Island again ranked among the top five states with the highest percentage of mortgaged properties in negative equity in the fourth quarter at 15.8 percent, according to data released Tuesday by CoreLogic. more
Target Corp. CEO Brian Cornell hatched the $1.9 billion plan to sell the company’s pharmacies over dinner with his counterpart at CVS Health Corp., capitalizing on his relationships from a career spent in retail. more
Applications for U.S. jobless benefits declined last week to the lowest level in 15 years, showing employers view a first-quarter slowdown in the economy is probably temporary. more
Johnson & Wales University Chancellor John J. Bowen said that former Providence Journal Publisher, President and CEO Howard Sutton has been appointed as executive in residence in resource development. more
Passenger traffic declined nearly 3 percent year over year in March at T.F. Green Airport, the R.I. Airport Corp. reported Friday. more
(Updated 12:22 p.m.) Startup accelerator Betaspring has been recognized as a top accelerator in the country by the Seed Accelerator Rankings Project and also was highlighted in Inc. magazine’s field guide to accelerators as one of the top eight in the nation. more
Payrolls at companies in the U.S. rose in April at the slowest pace in more than a year, a sign labor market gains may be moderating along with the economy. more
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