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Boston Beer Co., the parent of the Samuel Adams beer brand, has acquired the Coney Island beer brand from Shmaltz Brewing Co. for an undisclosed sum, according to the Boston Business Journal. more
IonaFest, a new arts festival, has named Kate Petrie, founder of the Jamestown Arts Center, as its first award recipient. more
A superior court judge Wednesday allowed the bulk of Rhode Island’s lawsuit against the architects of the 38 Studios LLC loan deal to proceed, dismissing only a few portions of the complaint. more
The R.I. State Council on the Arts is seeking submissions from Rhode Island artists for upcoming exhibitions at the newly created gallery spaces at Block Island and T.F. Green airports. more
Rolling Stone magazine profiled former New England Patriots tight end Aaron Hernandez in the issue set to hit newsstands on Friday, coming away with six key revelations about the suspect in the murder of Odin Lloyd. more
Rhode Island and the Providence-Fall River-Warwick metropolitan area each saw unemployment rate declines in July from July 2012, according to U.S. Bureau of Labor Statistics non-seasonally adjusted data released Wednesday. more
Fewer Americans signed contracts in July to buy previously owned homes, a sign that rising mortgage rates are starting to slow momentum in the housing market. more
Founder of Ocean Opportunity talks about the the Exosuit, a revolutionary diving system that allows the diver to remain at surface pressure. more
Bank of America Corp. must face a trial next month in a lawsuit alleging the bank’s Countrywide unit defrauded Fannie Mae and Freddie Mac by selling them billions of dollars in bad mortgages, a federal judge ruled. more
Rhode Island ranks among the top 25 state exporters in several industries, including 10th in scrap and recycled materials, according to the Business Roundtable. more
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