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Bank of America Corp.’s $8.5 billion settlement with mortgage-bond investors is set to be considered by a New York court two years after the lender struck the deal to resolve claims over home loans bundled into securities. more
A local restaurant and two out-of-state contenders took home top prizes Saturday at the 32nd annual Polar Seltzer Great Chowder Cook-Off at the Newport Yachting Center. more
Rhode Island’s gas prices were unchanged this week after three consecutive weeks of price increases, AAA Southern New England reported Monday. more
To celebrate National Marina Day, a handful of Rhode Island boating companies will offer a day of powerboat lessons in Newport on Saturday, June 8 in an endeavor to make boating more attractive to local residents of all skill levels. more
Construction spending in the U.S. climbed in April, as private projects rose and public spending slumped. more
Richline Group Inc., a subsidiary of Berkshire Hathaway Inc., announced an agreement in principle to acquire the Honora brand, the largest importer of freshwater cultured pearls in the United States. more
(Updated Tuesday, June 25, 3:40 p.m.) Providence Business News has changed the way our PBN.com visitors access news and information on the site. Beginning at noon Monday, we moved to what is known as “metering,” a model of accessing online content that is used by The New York Times, the Financial Times and other popular publications. more
Using alternate measures, Rhode Island’s state unemployment average could be considered 9.8, 10.2, 11 or 16.7 percent, according to a report released Friday by the R.I. Department of Labor and Training. more
At its annual meeting Wednesday evening, the Rhode Island Foundation presented its three annual awards to Rhode Islanders “who have shown tremendous leadership and dedication to improving out state and the quality of life for others through their philanthropy and community engagement,” according to a release. more
The U.S. Department of Housing and Urban Development has awarded $2 million in grants to assist extremely low-income people and families in Rhode Island who are living with HIV/AIDS. more
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