Updated April 21 at 2:21pm
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Desktop-virtualization company GreenBytes Inc. announced last week that its IO Offload Engine and vIO virtual storage appliance have achieved VMware Ready status, indicating that these technologies met specific VMware integration and interoperability standards and will be featured on the VMware Solution Exchange website. more
Spectra Systems Corp. announced Monday that it has signed a lottery internal control system services contract with the Michigan Lottery, which is the first to include a dedicated internal control system with new service and software development capabilities for Internet and mobile lottery. more
Providence levied the fourth highest tax burden on commercial properties last year, down from the highest burden in the country in 2012, the Lincoln Institute of Land Policy and Minnesota Center for Fiscal Excellence said in a report issued Wednesday. more
Mayor Angel Taveras unveiled a $678.4 million city budget proposal for fiscal 2015 Tuesday that would maintain the current residential and commercial tax rates. more
The unemployment rate in the Providence-Fall River-Warwick metro area fell to 9.4 percent in March, non-seasonally adjusted, compared with 9.6 percent a month earlier, according to a U.S. Bureau of Labor Statistics report released Tuesday. more
James Finlay Ltd. has bought, through its wholly owned subsidiary James Finlay International Inc., 100 percent of the share capital of Autocrat LLC for an undisclosed sum. more
A.H. Belo Corp., parent company of The Providence Journal, reported a net loss of $4.04 million, or 19 cents per diluted share, during the first quarter of 2014, reducing nearly by half the loss of $8.02 million posted for the same three-month period last year. more
Sensata Technologies Holding N.V. reported first-quarter earnings of $68.4 million, or 39 cents per diluted share, a 97.2 percent increase over the $34.7 million, or 19 cents per diluted share, reported for the same period in 2013. more
Bank of America Corp. CEO Brian T. Moynihan won permission last month for the firm’s first dividend increase since the financial crisis. Now he’s under pressure to salvage the payout after the company mistakenly inflated capital levels by about $4 billion. more
The Slater Technology Fund will invest an additional $100,000 in local e-commerce technology firm Absolute Commerce, bringing Slater’s total investment in the company to $350,000, Slater announced Tuesday. more
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