Updated July 29 at 1:29pm
Local News
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Cash sales accounted for nearly 33 percent of total home sales in the Providence-Warwick metropolitan area in April, an increase of 3.3 percentage points compared with last year, according to CoreLogic. more
Filings for U.S. unemployment benefits declined last week for the first time in a month, heading back toward the lowest levels in more than a decade and signaling firings remain muted. more
The R.I. Commerce Corporation will hire an executive search firm to help identify and hire about a dozen junior- to senior-staff members who will help the agency administer the economic-development programs created under the current state budget. more
The Rhode Island Foundation has awarded more than $320,000 in seed funding for 22 promising university and hospital medical research projects. more
Blue Cross & Blue Shield of Rhode Island and CharterCARE Health Partners have formed an accountable care partnership for 6,500 BCBSRI Medicare Advantage members who have physicians affiliated with Prospect Provider Group of Rhode Island LLC. more
Bank of America Corp., the lender most hobbled by the collapse of the U.S. housing market, said second- quarter profit more than doubled as the mortgage business rebounded and expenses fell to the lowest since 2008. more
Rhode Island has a “somewhat hospitable” climate for charter schools to offer pre-kindergarten, according to a report from the Thomas B. Fordham Institute and National Alliance for Public Charter Schools. more
A tax incentive program designed to encourage economic development in the city’s low- to moderate-income neighborhoods will apply to 19 of 25 neighborhoods. more
A record of more than 310,000 donor-recommended grants totaling nearly $1.5 billion was made by Fidelity Charitable to charities during the first half of 2015, a 33 percent increase over the same period a year ago. more
Tuesday was the day that the United States “busted its annual ecological budget,” using more resources and services than U.S. ecosystems can regenerate within the full year, according to the Global Footprint Network. more
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