Updated February 19 at 6:24am
Local News
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(Updated 11:02 a.m. and 12:03 p.m.) R.I. Commerce Corp. on Wednesday announced a $16 million proposed settlement with First Southwest Co., a former financial adviser for the state when it invested $75 million into the now-defunct video game company 38 Studios LLC. more
(Updated 2:15 p.m.) Datarista, a platform-as-a-service company focusing on the sales and marketing industry, received another $200,000 investment from the Slater Technology Fund. more
Bank of America Corp., which has said it will stop offering commission-based retirement accounts as it prepares for new regulations, also plans to more clearly disclose fees that clients pay to the firm’s 14,000 financial advisers. more
Two University of Massachusetts Dartmouth professors who were detained Sunday at Logan Airport after returning from an overseas trip, after President Donald Trump signed an executive order temporarily banning entrance to the U.S. from seven majority-Muslim countries, released a statement on Tuesday saying they were relieved to be back home and back at work. more
Georgia is the best state to be a doctor, and Rhode Island ranks 29th, according to a report released this week from Zippia, a career resource site. more
Be ready for a “very slow and treacherous” late day commute, according to a statement Tuesday by the National Weather Service. more
Rhode Island ranked 37th in the nation for its number of exits for tech startups last year, while California, Texas and Massachusetts held the top three spots for having the most, according to the 2016 Global Tech Exits Report from CB Insights. more
The 85-unit Grant Mill in the Federal Hill neighborhood of Providence has been sold to a Massachusetts-based real estate investment company that is extending its reach into Rhode Island, according to broker CB Richard Ellis New England. more
Cash collections increased 1.4 percent during the first six months of the fiscal year compared with the prior fiscal period, but declined 3.5 percent in December when compared with December 2015, the R.I. Department of Revenue said Monday. more
The Matty Fund will reorganize as The Matty Project, an initiative under Epilepsy Foundation New England. more
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