Updated January 17 at 1:30am
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Albert J. Brown knew he wanted to build and make things when he arrived at Brown University from San Francisco four years ago. His latest idea is an app, called Spotter, designed to link drivers with parking spaces. The San Francisco native first encountered the problem as a high school student, and now he’s working to alleviate the parking problem on the Brown campus, thanks to an entrepreneurship class he’s taking. more
Today’s discussion involves a visit to the here-we-go-again files. The website Cafe Hayek, in a post titled “Most Ordinary Americans in 2016 Are Richer Than Was John D. Rockefeller in 1916,” asks a seemingly simple question: What is the minimum amount of money that you would demand in exchange for going back to live as John D. Rockefeller did in 1916? more
(Updated, 4:48 p.m.) Pointing to the currency crisis in Europe and China’s economic slowdown, Rhode Island’s general treasurer says volatility in the financial markets contributed to the 0.28 percent loss on the state’s pension investments last year. more
Summer Infant Inc. saw its loss widen significantly in its full-year and fourth-quarter earnings report released Wednesday, in a year that was marked by a lawsuit involving former executives. more
The housing market continued its year-long rise in January, ending the month with a nearly 10 percent increase in median sale price among single-family homes, according to the Rhode Island Association of Realtors. more
Windstream, Channel Partners reported, has notified some of its SMB customers with sub-$1,500 accounts that it will raise rates on some deals. more
BNY Mellon Wealth Management is hosting a panel discussion next month to explore how companies, regardless of size, should be thinking about growing through acquisitions. more
The Council on Postsecondary Education set up an 11-member presidential search committee for Rhode Island College at its meeting Wednesday night. more
HealthSource RI said 36,004 individuals have signed up for coverage through the exchange as of Feb. 20, a 0.5 percent increase from the week before. more
(Updated 3:43 and 4:38 p.m.) The R.I. Commerce Corp. board on Monday approved a new loan program designed to benefit small businesses, approving $5.4 million in state funds for four development organizations and three micro lenders. more
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