Updated March 6 at 9:06am
Local News
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(Updated, 3:26 p.m.) The city has filed a federal lawsuit against Santander Bank alleging that the financial institution ?discriminated against the city’s minority communities by refusing to make prime mortgage loans ?as required by the Fair Housing Act, according to a press release from Mayor Angel Taveras. more
Exports from Rhode Island climbed 10.5 percent in March compared with the previous month, ending three consecutive months of export declines, according to an e-forecasting.com report released May 27. more
The economy in the U.S. contracted for the first time in three years from January through March as companies added to inventories at a slower pace and curtailed investment. more
Royal Bank of Scotland Group PLC agreed to sell its minority stake in a private-equity unit to an investor group led by buyout firm Adams Street Partners LLC, according to two people with knowledge of the matter. more
Swipely, a payment- and customer-analytics platform for local merchants, announced Thursday that it has has completed a $20 million Series C round of financing led by the Chicago-based Pritzker Group. more
Rhode Island and seven other states aiming to get more than three million zero-emission vehicles on the road in the next decade, unveiled steps to help achieve that goal including harmonizing consumer incentives and encouraging fleet purchases. more
UnitedHealthcare of New England will make its Multi-Choice health insurance plan available to Rhode Island businesses with up to 100 employees beginning June 1, the insurance carrier announced Wednesday. more
Single-family home sales in Massachusetts fell 2.3 percent to 3,427 sales in April compared with 3,508 sales during the same month last year, real estate data tracking firm The Warren Group reported Wednesday. more
The University of Massachusetts Dartmouth has tapped Michael Goodman, an expert on the Massachusetts economy, to lead the school’s Center for Policy Analysis. An economic sociologist, Goodman will succeed Clyde W. Barrow as director effective July 1. more
Rhode Island will receive more than $2.7 million to clean up properties in Pawtucket, Providence and Westerly that have been designated “brownfields,” where expansion or redevelopment is prevented due to hazardous pollutants or contaminants, the state’s congressional delegation announced Wednesday. more
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