Updated May 25 at 5:24am
Local News
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Rhode Island ranked 33rd in the nation for venture-capital investment in the first quarter, which featured only one deal - $5 million to IlluminOss Medical Inc. more
For four university presidents who happen to be women, running their institutions is very much like running a business. more
(Updated, 5:12 p.m.) The Securities and Exchange Commission on Monday filed charges against the R.I. Economic Development Corp. and its bond underwriter Wells Fargo Securities, alleging fraud that stems from a 2010 municipal bond offering to finance the now-defunct video game company 38 Studios LLC. more
ShapeUp Inc., a provider of wellness solutions focusing on fitness, is offering specialty programs such as stress management and sleep quality, through its new ShapeUp Select program. more
Nabsys Inc., a life sciences company that was trying to bring its genome-mapping products to market, closed recently, throwing approximately 40 people out of work. more
(Updated 11:54 a.m.) The I-195 Redevelopment District Commission has a new executive director. Peter McNally, a real estate investment manager, was selected Monday as the commission’s new administrative leader, succeeding Jan Brodie, who unexpectedly announced her resignation last month. more
Cranston’s Saletin Real Estate Group recently acquired Foxfield Plaza here for $5.5 million and is proposing to redevelop the 19-acre site at 369 Central St. into a mixed-use development called Forbes Crossing. more
The I-195 Redevelopment District Commission moved closer Monday to securing the sale of five acres of land for a biological sciences and mixed-use development. more
New York University is suing a unit of FM Global for $1.47 billion in coverage, accusing the Johnston-based insurer of refusing to honor an insurance policy after Hurricane Sandy. more
House Speaker Nicholas A. Mattiello, D-Cranston, says a new proposal for a minor league baseball stadium in Providence could be announced as early as within the next couple of weeks with the possibility of it being taken up for consideration during a special legislative session this fall. more
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