Updated January 16 at 6:24am
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How the elite club of American millionaires became wealthy. Longstreet Press more
Global stocks looked set to close a tumultuous year with the biggest gain since 2013, powered by a rally in the U.S. that offset annual declines in Europe and Japan. more
Dr. Robert Leonard, who is a board-certified hair transplant surgeon, owns Leonard Hair Transplant Associates, which has seven offices – one in Cranston, one in Salem, N.H., and five in Massachusetts. more
First Boston Holdings has agreed to acquire Admirals Bank for an undisclosed amount of money. more
Rhode Island’s $7.7 billion pension fund terminated investments in seven hedge funds, including Brevan Howard Asset Management and Och-Ziff Capital Management Group LLC, after voting last month to cut its allocation in half over two years. more
Customers Bancorp Inc. of Pennsylvania this month hit a new milestone, reaching a market capitalization of $1 billion. The parent company of Customers Bank, which has offices in Providence, says it hit the mark partly because of recent gains realized in the stock market. more
The Top 5 Biotechnology & Life Sciences Companies, ranked by number of local employees. more
MIKEL Inc., a woman-owned, military technology support company, won two government contracts totaling $35.7 million for work with Newport’s Naval Undersea Warfare Center, according to separate announcements by the company on Tuesday. more
Purchases of new U.S. homes in September stayed close to an almost nine-year high, showing residential real estate was maintaining momentum heading into the quieter selling season. more
Consumer sentiment in the U.S. remained stable last week and close to a three-month high, helped in part by upbeat views of buying conditions. more
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