Updated June 25 at 5:26pm
Local News
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The Providence Finance Committee on Monday approved a $13 million debt service request to buy every city streetlight and convert each one into LED fixtures, a move officials said could save the city $24.2 million through the next 10 years and help reduce its short-term debt. more
Paolino Properties has purchased a historic brownstone, the Fletcher Building, from a local developer for $2.8 million, the company announced Thursday. more
New-home construction in the U.S. unexpectedly fell in December, indicating the industry lost some momentum entering 2016. more
Consumer confidence steadied after declining for the previous three weeks as Americans’ views toward spending improved by the most in five months. more
With a decision possible by the end of the year, the Community College of Rhode Island will soon have a new president that exemplifies leadership and the ability to “make forward progress.” more
The second annual Blount Culinary Summit on food industry trends and challenges is convening Thursday at the Newport Marriott. more
In an 11th-hour bid to stay in the euro, the government of Greek Prime Minister Alexis Tsipras offered to meet most of the demands made by creditors in exchange for a bailout of 53.5 billion euros ($59.4 billion). more
The Procaccianti Group is seeking a 12-year tax stabilization agreement, including a three-year introductory period with no property taxes, to level the Fogarty Building downtown and construct a nine-story, extended-stay hotel. more
A report published by the Institute for Research on Higher Education at the University of Pennsylvania Graduate School of Education ranked Rhode Island as the 48th least affordable state to attend college, the university announced Wednesday. more
Massachusetts is growing at its strongest pace since the late 1990s, according to the MassBenchmarks editorial board. The board’s opinion, delivered in an email Thursday, noted that the severe winter weather had only a “transitory, and ultimately minor, impact on economic conditions in the Bay State.” more
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