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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
Purchases of previously owned homes in the U.S. declined in February to the lowest level since July 2012, a sign the industry may be slow to recover. more
Hotel tax collections rose to $138,139 in January, an increase of 4.1 percent compared with the $132,707 collected during January 2013, the R.I. Department of Revenue reported Tuesday. more
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