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WaterFire Providence has been selected as one of 817 nonprofit organizations nationwide to receive a National Endowment for the Arts grant, the national organization announced Friday. more
Medical technology maker Covidien Plc reported second-quarter earnings of $439 million, or 92 cents per diluted share, an 11.7 percent drop from the $497 million, or $1.02 per diluted share, it reported during the second quarter of 2012. more
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
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