Updated July 28 at 9:39pm
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Joe Provost, CEO of Syncstate Inc. in Holden, Mass., needed to find thieves who stole a manufacturing company’s intellectual property and products, so he picked two Salve Regina University students to work on the case. more
Bicyclists came out in impressive numbers for this year’s Newport Folk Festival, including 1,120 on July 26 that accounted for approximately 10 percent of the day’s estimated 10,000 attendees. That’s according to nonprofit Bike Newport, which provided the bike parking. For all three festival days, a total of 2,695 bikes were parked at the festival. This was the third year Bike Newport provided parking for the festival. Last year, the highest daily bike-parking total for the event was 800. more
The Providence Business News Executive Poll is a weekly survey of 70 business leaders throughout the state, representing small and large companies in a variety of industries. more
Even after doling out discounts on electronics and clothes, retailers struggled to entice shoppers to Black Friday sales events, putting pressure on the industry as it heads into the final weeks of the holiday season. more
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt - a step taken by the Justice Department to give homeowners relief that Congress has failed to provide. more
Sellers of bonds backed by mortgages and auto loans would have to give investors details including the borrowers’ income and credit scores under rules the U.S. Securities and Exchange is poised to consider this week. more
AAA Southern New England reported a 2 cent per gallon gasoline price decline in both Rhode Island and Massachusetts this week, the sixth consecutive week that prices have fallen in the region. more
The R.I. Department of Revenue collected $297,158 more than expected in July, resulting in a monthly total general revenue surplus of one-tenth of 1 percent compared with the state’s original revenue projections. more
U.S. stocks rose, sending the Standard & Poor’s 500 Index above 2,000 for the first time, on signs of more corporate takeovers and stimulus for the European economy. more
With six of its seven local component parts contributing positively, the Rhode Island Current Economic Indicator increased to 3 percent in the second quarter, from a 2.2 percent reading in the first three months of the year. more
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