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Cape Wind and the Bank of Tokyo-Mitsubishi UFJ Ltd. have brought on Natixis and Rabobank to lead senior debt financing and contribute more than $1 billion to the wind farm project, the renewable energy developer announced Wednesday. more
Job openings in the U.S. increased less than expected in January, a sign labor market cooling from late 2013 persisted as severe winter weather hammered the eastern and mid-western U.S. more
Towerstream Corp. saw its net loss widen 18 percent in 2013 to $24.8 million, or 38 cents per share, compared with the $21 million, or 39 cents per share, loss reported for 2012. more
The R.I. Science & Technology Advisory Council has awarded more than $800,000 in grants to seven teams of researchers for projects on climate change and marine issues, as well as development of communications to bring those issues to the public, Gov. Lincoln D. Chafee announced Friday. more
Federal Reserve officials predicted their target interest rate would be 1 percent at the end of 2015 and 2.25 percent a year later, higher than previously forecast, as they upgraded projections for gains in the labor market. more
The city will re-launch its suspended startup investment program with smaller investments focused on only “high-growth” technology sector companies. more
Confidence among U.S. homebuilders rose less than forecast in March, a sign the industry may take time to pick up after inclement weather damped activity earlier in the year. more
The executives of the Pawtucket Red Sox, a local architect and the founders of Mixed Magic Theatre were honored Wednesday night at the Pawtucket Foundation’s 11th Annual Awards Celebration recognizing outstanding contributions to the quality of economic and community life in the city. more
Fewer Americans than projected filed applications for unemployment benefits last week, an indication companies are holding on to staff even as cold weather threatens to slow the world’s largest economy. more
GTECH S.p.A.’s full-year 2013 revenue declined four-tenths of a percent to $4.23 billion, while net income dropped 22.6 percent to $283.2 million. more
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