Local News
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Global private equity firm Providence Equity Partners on Tuesday announced its investment in Mauritius-based Helios Towers Africa as part of a $630 million fundraising round by the independent telecommunications tower company. more
The Slater Technology Fund will invest an additional $100,000 in local health care mobile messaging platform Care Thread, bringing Slater’s total investment in the company to $350,000, Slater announced Tuesday. more
Gas prices dropped another 2 cents in Rhode Island this week while Massachusetts prices were unchanged, according to the weekly survey by AAA Southern New England. more
R.I. Superior Court Judge Michael A. Silverstein has approved the state’s $4.37 million settlement with the law firm Moses Afonso Ryan Ltd., denying objections by a number of other defendants in the 38 Studios lawsuit who challenged the constitutionality of the proposed settlement. more
Hasbro Inc., the third-largest toymaker in the world, reported second-quarter earnings of $32.8 million, or 26 cents per diluted share, a 10 percent decline compared with the $36.5 million, or 28 cents per diluted share, reported during the same period last year. more
The dean of the University of Rhode Island College of Arts and Sciences has appointed Adam David Roth as interim director of the Harrington School of Communication and Media as the school prepares to embark on a national search for a permanent director. more
Sales of single-family homes in Massachusetts posted a year-over-year increase in June for the first time since January, real estate data tracking firm The Warren Group reported Tuesday. more
Readers of Conde Nast Traveler have voted Newport one of the best small cities in America for the publication’s 26th annual Readers’ Choice Awards. more
Single-family home sales in Massachusetts fell 2.3 percent to 3,427 sales in April compared with 3,508 sales during the same month last year, real estate data tracking firm The Warren Group reported Wednesday. more
T.F. Green Airport saw passenger traffic decline 7.3 percent year over year in June after a 7.8 percent decline a month earlier in May, according to numbers released Friday by the R.I. Airport Corporation. more
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