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The Providence-Fall River-New Bedford area foreclosure rate fell 0.14 percentage points for February compared to the same period in 2012, CoreLogic said Friday. more
A.T. Cross Co. saw its bottom line rise 6.6 percent to $1.6 million, or 13 cents per diluted share, from the first quarter of 2012 to the first quarter of 2013, the personal- and business-accessories maker announced after the market closed on Thursday. more
The median price of Rhode Island single-family home sales rose 9 percent in March compared with the same period a year ago, the Rhode Island Association of Realtors said Friday. more
The economy in the U.S. grew less than forecast in the first quarter as a drop in defense spending outweighed the biggest increase in consumer spending in two years. more
PROVIDENCE – Property-tax rates for homeowners would rise with rates for businesses holding flat under a $663 million fiscal 2014 budget proposed by Mayor Angel Taveras Thursday. The spending … more
Capital Properties Inc. reported a 33.5 percent drop in profit to $340,000, or 5 cents per share, during the first quarter of 2013 compared with earnings of $511,000, or 8 cents per share, during 2012. more
Joseph L. Dowling III has been named the new chief investment officer at Brown University effective June 2013, the school announced Thursday. more
In partnership with the National Association of Community Health Centers, CVS Caremark Corp.’s CVS Caremark Charitable Trust has announced the 21 recipients of the “Innovations in Community Health” grants. more
The New York Times published an excellent account of how Curt Schilling bilked the taxpayers of Rhode Island out of millions of dollars to subsidize his now-defunct company, 38 Studios LLC. Unfortunately, there was something missing from the story: Schilling himself, who declined to speak to the reporter. more
Brookline Bancorp Inc. – the parent company of Bank Rhode Island – saw its bottom line rise 38.8 percent during the first quarter of 2013, the bank announced Thursday. more
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