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An agreement announced earlier this week is likely to stir more controversy over the Cape Wind and Deepwater Wind projects, according to CommonWealth magazine. more
The economy expanded at faster pace in the second quarter from the previous three months, a sign the U.S. was weathering federal budget cutbacks and higher taxes. more
U.S. stock-index futures rose, signaling the Standard & Poor’s 500 Index will rebound from its longest losing streak this year, as investors awaited data on jobs and home sales to assess the pace of the economic recovery. more
Rhode Island has won a $100,000 federal grant to help build a manufacturing and design center in the state, Gov. Lincoln D. Chafee and members of the state congressional delegation said Wednesday. more
CharterCare Health Partners signed an asset purchase agreement Tuesday with Prospect Medical Holdings, creating a new for-profit joint venture. more
The Rhode Island Business Plan Competition will launch its 2014 competition on Oct. 16 at Betaspring. more
Choice was the word Wednesday morning at the Providence Business News Summit on the Health Benefits Exchange, held at the Crowne Plaza Hotel Providence-Warwick. more
Bank of America Corp.’s Countrywide unit sold thousands of bad loans, defrauding Fannie Mae and Freddie Mac out of more than $1 billion in mortgages, prosecutors said at the start of a federal trial. more
The seven Panera Bread bakery-cafes in Rhode island announced Wednesday that the Rhode Island Community Food Bank will receive all funds collected through Panera’s ongoing Cares Community Breadbox program to fight hunger in the state. more
Orders for U.S. equipment such as computers and machinery climbed less than forecast in August, indicating a strengthening in business spending will take time to develop. more
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