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Brown to benefit from $127M bond sale
Brown University will use a $127.4 million bond sale to renovate downtown property after agreeing in May to almost double annual payments to the city. more
EDC hires firm to investigate parties in 38 Studios deal
The R.I. Economic Development Corporation has hired Providence law firm Wistow & Barylick to pursue legal action against “third parties” connected with the 38 Studios LLC loan guarantee, Gov. Lincoln D. Chafee announced Tuesday. more
Construction jobs decline in Providence metro, across U.S.
Year over year in May, construction employment declined in 164 out of 337 metro areas, including the Providence-Fall River-Warwick metro, according to data released Tuesday by the Associated General Contractors of America. more
| 6/26/12
PBN garners award for 25th anniversary publication
Providence Business News took a silver award for its 25th anniversary special edition in the Alliance of Area Business Publications' 2012 Editorial Excellence Award program. more
| 6/26/12
PBS transitioning to community license
The Rhode Island Public Telecommunications Authority voted to begin the process of transitioning Rhode Island PBS from a state licensee to a community licensee. more
| 6/26/12
Home sales in Bristol County, Mass., rise 17% in May
Single-family sales in Bristol County, Mass., rose 17.43 percent compared with the same period in 2011, The Warren Group said Tuesday. more
Defense spending in R.I. up 37% since 2003
Federal defense and homeland security contracts in Rhode Island have grown 37 percent to $472 million since 2003, according to a new report from the University of Massachusetts’ Donahue Institute. more
Foreclosure rate drops slightly in Providence metro
The foreclosure rate in the Providence-Fall River-New Bedford area fell 0.31 percentage points in April compared with the same period last year, CoreLogic said Tuesday. more
EDC approves bonds for I-195 land, dredging project
The R.I. Economic Development Corporation Monday night approved issuing bonds to buy the former Interstate 195 land in Providence and dredge the channel leading to the Port of Davisville in North Kingstown. more
Santander among 28 Spanish banks cut by Moody’s on debt risk
Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA were among 28 Spanish banks downgraded by Moody’s Investors Service, which cited the country’s sovereign debt and rising losses on real estate loans. more
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