Updated April 24 at 4:45pm
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The proposed transformation of a surface parking lot next to the Garrahy Judicial Complex on Dorrance Street into a seven-level parking garage will cost approximately $43 million, according to a report released Wednesday by a special legislative commission. more
Huntington Bancshares Inc., the Ohio lender that agreed in April to buy 11 Michigan branches from Bank of America Corp., plans to buy 13 more. more
The R.I. Coastal Resources Management Council unanimously voted Tuesday night to grant final approval to Deepwater Wind LLC’s Block Island Wind Farm. more
Towerstream Corp. reported a first-quarter net loss of $6.5 million, or 10 cents per share, widening by 15.7 percent the $5.6 million, or 9 cent-per-share, loss posted for the same three-month period last year. more
For their May meetup, the Providence Geeks will host Utilidata, a company using advanced technology to make the electric grid operate more efficiently. more
Five alumni of the University of Rhode Island, including three native Rhode Islanders, will celebrate their homecoming to the Ocean State with the grand opening on Wednesday of Norwood, Mass.-based IT firm Secured Network Services’ Providence branch. more
Associate professor of educational studies at Rhode Island College and coordinator of the Central Falls/RIC Innovation Lab talks about current initiatives and plans for the year ahead. more
Software and application design agency MojoTech last week announced four new hires, as the company continues to expand its team to keep pace with a growing roster of clients. more
Whether it’s Betaspring introducing its latest accelerator cohort, the Slater Technology Fund announcing reinvestment in its portfolio companies, or the Rhode Island Business Plan Competition selecting its 2014 winner, startups get a lot of buzz in Providence – and the rest of Rhode Island. What don’t always get as much attention are the stories behind these startups’ quirky, playful or practical names. The founders of these five local technology startups based in Providence, Pawtucket and Newport shared the rationale behind their companies’ names with Providence Business News. more
It’s back to square one for Rhode Island’s redevelopment of the former Shooters nightclub property in Providence. The R.I. Department of Environmental Management officially broke off talks May 1 with Bowl Arts LLC, the community group that had been hoping to build a concert and performing arts venue on the site. more
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