Updated May 30 at 5:25am
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The Rhode Island Foundation has promoted two executives in strategy and community investments and human resources, a move the foundation president says is intended to enhance its capacity to partner with donors and grantees to meet Rhode Island’s needs. more
The index of U.S. leading economic indicators increased more than forecast in June as historically low borrowing costs and a rebound in housing propelled growth. more
Rhode Island again had the second-highest number of significantly late mortgages in June, according to data released Thursday by Black Knight Financial Services. more
The fewest Americans in four decades filed applications for unemployment benefits last week, continuing to unwind an early-July surge that was probably tied to mid-year factory shutdowns and school vacations. more
Bank of America Corp. CEO Brian T. Moynihan named the fourth finance chief of his tenure in a broad shakeup as he seeks to overcome regulatory hurdles and reverse shrinking revenue. more
A real estate investment company based in Palm Beach, Fla., has purchased the Wampanoag Plaza in East Providence. The sale price was not disclosed and the transaction has not been recorded at East Providence City Hall. more
The Micro Lofts at the Providence Arcade recently received national exposure in a publication of the National Trust for Historic Preservation. more
R.I. Kitchen & Bath, based in Warwick, has partnered with Kevin O’Connor, host of the popular PBS series “This Old House,” for a series of home-improvement seminars. more
Only four units remain in the conversion of the former Carey School in Newport to condominiums, including two penthouses. more
Foundry Associates partner discusses the expansion of the Promenade into an adjoining six-story building. more
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