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Bank of America Corp., the second-largest U.S. lender, said third-quarter profit rebounded as the firm curbed legal expenses and more borrowers paid on time. more
Two Rhode Island companies – Calista Therapeutics and Cape Commons Brewing Co. – have earned a place among the top 26 startups competing in the 2013 MassChallenge. more
Confidence among U.S. homebuilders fell to a four-month low in October, underscoring the toll that partisan brinkmanship in Washington and the federal government shutdown are exacting on the economy. more
Powerdyne International Inc., a Warwick-based manufacturer of electrical power generation equipment, is considering a move to Worcester, Mass., the company announced Tuesday. more
Secretary of State A. Ralph Mollis will debut the State Archives Online Catalog at an official unveiling on Thursday at Rhode Island College. more
U.S. financial conditions climbed to the highest level on record amid speculation lawmakers will agree to a deal to raise the debt ceiling and avert a default. more
Beechcraft Corp., the U.S. planemaker that emerged from bankruptcy protection this year, is for sale again, people with knowledge of the matter said. more
Economic growth in New England continued at a pace that varied by sector as hiring remained low, according to the Federal Reserve Board’s Beige Book released Wednesday. more
Americans in October were the most pessimistic about the nation’s economic prospects in almost two years as concern mounted that continued political gridlock will hurt the expansion. more
The owners of the Foundry complex in Providence have purchased the neighboring American Locomotive Works property off Valley Street, they announced Thursday. more
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