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Rhode Island will receive more than $2.7 million to clean up properties in Pawtucket, Providence and Westerly that have been designated “brownfields,” where expansion or redevelopment is prevented due to hazardous pollutants or contaminants, the state’s congressional delegation announced Wednesday. more
Nabsys Inc. has begun a search for CEO candidates with experience in life sciences commercialization, as the company moves closer to bringing its high-speed DNA sequencing technology to market, current CEO Dr. Barrett Bready told Providence Business News. more
Royal Bank of Scotland Group PLC, Britain’s largest state-owned lender, plans to cut hundreds of U.S. jobs while shrinking its mortgage-trading business ahead of stiffer capital rules. more
Passenger traffic at T.F. Green Airport declined in April for a fourth consecutive month, dropping 7.6 percent to 305,453 total passengers from 330,423 passengers in April 2013, according to numbers released Tuesday by the R.I. Airport Corporation. more
French President Francois Hollande’s government said General Electric Co. improved its proposal for Alstom SA’s energy business as Chief Executive Officer Jeffrey Immelt pledged to create new jobs, softening its stance on the U.S. company’s takeover plans. more
HealthSource RI, Rhode Island’s state-run health insurance exchange, will seek $4.6 million from the state government for fiscal year 2015, Executive Director Christine Ferguson said Thursday. more
Red Sox owner John W. Henry, who purchased The Boston Globe and the Worcester Telegram & Gazette from The New York Times Co. for $70 million last year, has sold the Telegram & Gazette to Halifax Media Group of Dayton Beach, Fla., the paper reported Wednesday. more
The University of Massachusetts Dartmouth returned $9 to the state economy for every $1 invested by the state in 2013, according to a new study by the UMass Donahue Institute. more
Sales of previously owned U.S. homes rose in April for the first time this year as the weather warmed, price increases slowed and more properties were put on the market. more
United Natural Foods Inc. announced Thursday it will acquire Tony’s Fine Foods, a perishable foods distributor specializing in cheeses and deli products and based in West Sacramento, Calif., for approximately $195.3 million. more
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