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The Rhode Island School of Design has appointed Rosanne Somerson as its new provost. Somerson, who currently serves as RISD’s interim provost, will officially take the position on July 1. more
The Rhode Island Foundation has awarded $1.8 million in grants to seven organizations across the state from its Fund for a Healthy Rhode Island. more
As state revenue improves, Rhode Island should move towards an investment-based agenda, according to a R.I. Public Expenditure Council report released Wednesday. more
U.S. stocks were little changed, with the Standard & Poor’s 500 Index poised for the biggest monthly drop since September, as data showed jobless claims increased and the economy grew more slowly than previously estimated. more
The R.I. Economic Development Corporation has commissioned a forensic audit of 38 Studios LLC to learn how Curt Schilling’s beleaguered video game company ran out of money and how much the former pitcher has put into it. more
Providence has reached a tentative agreement with its current and retired workers on a package of benefit cuts large enough to keep Providence out of bankruptcy and end a high-stakes court fight. more
Unemployment rates were lower year over year in April for 342 of the nation’s 372 metropolitan areas, including the Providence-Fall River-Warwick metro area, according to the U.S. Bureau of Labor Statistics. more
Three Rhode Island companies – Nordic Technology Group, NBA Math Hoops and Prepmatic – were named as finalists in the 2012 MassChallenge. more
The Rhode Island Fast Ferry will add a new vessel to expand service to Martha’s Vineyard and sightseeing cruises on Narragansett Bay this summer. more
The cities of Pawtucket and Central Falls have teamed up with The Pawtucket Foundation and a consulting firm to conduct market analysis and pre-development real estate advisory services for a riverfront revitalization project. more
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