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Foreclosure filings fall in Providence metro
Lenders initiated 32 percent fewer foreclosure filings in the Providence-Fall River–New Bedford area in May than they did during the same period 2011, RealtyTrac said Thursday. more
Report: R.I. businesses are good to new fathers
Rhode Island ranked 15th out of the 50 United States and the District of Columbia for supporting new fathers in the workplace, according to a report from the National Partnership for Women & Families. more
BofA dropped by Sallie Mae as Barclays wins college card
Bank of America Corp., the second- biggest U.S. lender, divested a $1.3 billion credit-card portfolio after SLM Corp. chose Barclays Plc. for its college-savings program. more
Drop in U.S. retail sales points to slower growth
Retail sales in the U.S. fell in May for a second month, prompting economists to cut forecasts for economic growth as limited job and income gains hold back consumers. more
Matlet Group wins Asian American business award
The Matlet Group won a Fast 50 Asian American Business Award from the U.S. Pan Asian American Chamber of Commerce. more
| 6/13/12
WashTrust collects 100 tons of peanut butter in 12 years
The Washington Trust Co. collected more than six tons of peanut butter during this year’s annual drive, bringing the bank’s 12-year total to more than 100 tons of peanut butter. more
| 6/13/12
Youth entrepreneurs win seed funding at Young Social Innovators event
On Tuesday night, youth teams pitched their social enterprise ideas at the Young Social Innovators Pitch and Graduation Ceremony at the MET School’s Center for Innovation and Entrepreneurship in hopes of winning $1,000 in seed funding. more
| 6/13/12
Woonsocket faces receivership
Woonsocket is facing possible receivership after state lawmakers and Gov. Lincoln D. Chafee failed to agree on a supplemental tax package to repair the city’s finances before the end of this year’s legislative session Tuesday night. more
Fitch ranks RISD bonds ‘A+,’ outlook ‘stable’
Fitch Ratings – a globally recognized rating agency – has affirmed an “A+” grade to the Rhode Island School of Design’s $61 million in higher education facilities revenue refunding bonds and rated the outlook stable. more
| 6/13/12
U.S. stocks advance amid speculation of more economic stimulus
U.S. stocks advanced, rebounding from yesterday’s decline, amid speculation the Federal Reserve will take steps to stimulate the economy and after the European Central Bank endorsed a plan to guarantee bank deposits. more
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