Updated July 2 at 2:02pm
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Confidence among U.S. homebuilders unexpectedly fell in May, reflecting cooling sales and slower buyer traffic, a sign the residential real-estate market will take time to gain momentum. more
FedEx Corp. says government claims that it conspires with illegal online pharmacies don’t tell the whole story: Especially the part about how the company helps drive those websites out of business. more
The National Park Service has added Cedar Hill, a historic estate in the Cowesett neighborhood of Warwick, to the National Register of Historic Places, according to Edward F. Sanderson, executive director of the R.I. Historical Preservation & Heritage Commission. more
A Mercedes or BMW versus a Toyota Camry or Honda Accord – for just $5 more. more
Chief technology officer at the Naval Undersea Warfare Center Division Newport talks about his new position and experience in the industry. more
International Game Technology PLC took home 13 awards at the 36th annual Telly Awards, including three of the competition’s top honors, the Silver Telly. more
The Rhode Island Mall has been sold to a Baltimore company with a history of revamping distressed retail properties. more
The U.S. Supreme Court’s ruling that gay marriage is legal nationwide is a “victory for America,” President Barack Obama said, declaring that justice had arrived for same-sex couples with “a thunderbolt.” more
W. Frazier Bell has been named vice president and sales manager at BankNewport. He joins the bank from Festival Ballet Providence, where he served as director of development. He holds an MBA from the University of Connecticut, a master of teaching … more
Al Cumplido Jr. has been appointed director of investment research at Independence Financial Partners. Cumplido is also a member of the Providence Society of Financial Analysts. He holds a B.S. in economics from the University of Massachusetts … more
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