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(Updated, 9 p.m.) With a decline in net income of 59 percent for its fiscal 2013, Lifespan gave tangible evidence that its financial prospects are becoming more challenging. more
An innovator and leader in the health care industry as well as a long-time executive at the Naval Undersea Warfare Center have been chosen as the top two honorees in the seventh annual Providence Business News Business Women Awards program. Joan L. Kwiatkowski, the CEO of CareLink and PACE of Rhode Island, is set to receive the award for career achievement, while Marie E. Bussiere, the combat systems department head at NUWC at Naval Station Newport will be honored as outstanding mentor. more
Brown University has made a new commitment to provide at least one funded internship or research opportunity to any student who receives need-based financial aid, President Christina Paxson said Thursday. more
FGX International announced Monday it has acquired Suntech Optics Inc., a privately held company based in Vancouver, British Columbia. The acquisition also included the purchase of Suntech Optics subsidiaries Naked Eye Enterprises and Bugaboos Eyewear Corp. more
Three real estate developers have responded to a city request for qualifications to find a credible partner to work with on the redevelopment of the 7.4-acre vacant lot at 45 Division St. south of the new Pawtucket River Bridge. more
New England Construction has opened a regional office at 20 Burlington Mall Road in Burlington, Mass., the Rhode Island-based company announced Monday. more
The National Labor Relations Board has issued a complaint against the owners of the Renaissance Providence Hotel based on unfair labor practice charges levied by workers seeking to form a union. more
(Updated, 4 p.m.) Former Brown University President Ruth J. Simmons was Rhode Island’s highest paid college president in 2011 at just under $1.3 million, according to the Chronicle of Higher Education, which ranked her 21st in the nation for the year. more
BOSTON – Alex and Ani LLC has filed suit in U.S. District Court in Boston against Northeast Diamond and Casting Co. for making, importing and selling jewelry that allegedly infringe on the … more
Reed Phillips III, a media analyst at DeSilva & Phillips in New York, has estimated the worth of The Providence Journal at between $35 million and $50 million. more
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