Updated October 23 at 6:29pm
Local News
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It wouldn’t take much to look at the performance of markets these days and draw the conclusion that investors deem a U.S. recession as all but inevitable. A deeper dive finds a more benign scenario. more
The Genesis Center has received a $412,575 grant for the new Bridges to Career Opportunities program from the Local Initiatives Support Corp., part of $11.3 million grant that LISC received nationally from the Social Innovation Fund. more
A development team with national prominence has agreed to purchase two parcels of the I-195 Redevelopment District, as well as adjacent sites, and develop what is anticipated to be a 1.1-million square-foot mixed-use and bioscience center. more
A winter storm watch is in effect for southern Rhode Island this weekend, which is expected to receive the most snow at 4 to 7 inches, while the northern half of the state may see accumulation between 2 and 4 inches, according to the National Weather Service. more
(Updated, 5:35 p.m.) Bryant University President Ronald K. Machtley will serve the university through 2020 under a contract renewed by the school’s board of trustees. more
The U.S. Small Business Administration has reopened the filing period for survivors in all states, including Rhode Island, affected by Superstorm Sandy to apply for low-interest disaster loans. more
(Updated, 6:25 p.m.) Citizens Financial Group Inc. is a “work in progress,” says its CEO, as Rhode Island’s largest bank continues to acclimate to life in the public eye, free from a far-away parent. more
HealthSource RI, the state’s health benefits exchange, announced that it will add contact center hours through this weekend after its telecommunications carrier experienced an equipment malfunction that caused downed lines Thursday. more
Purchases of previously owned U.S. homes rose more than projected in December, helped in part by warmer weather and wrapping up the best year since 2006. more
(Updated, 6:14 p.m.) In its first full-year earnings report as an independent bank, Citizens Financial Group Inc. showed continuing improvement in its operations. more
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