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GoGo Cast acquires mobile developer, to add jobs in R.I.
GoGo Cast Inc., provider of digital signage and branded content in public spaces, has acquired the assets of Dingo Mobile Inc., a Canadian developer of social media-based applications for marketing purposes. more
| 7/23/12 | 1 comment
VoltServer lands $250K from Slater fund
VoltServer Inc. has received a $250,000 equity investment from Rhode Island public venture capital group the Slater Technology Fund. more
Schilling-bond refunding hastened by lowest yields
The lowest municipal yields in a generation may help Rhode Island cut the cost of repaying $75 million it borrowed to lure former Boston Red Sox pitcher Curt Schilling’s now-bankrupt videogame company from Massachusetts. more
Treasury yields slide to records as Europe spurs bid for safety
Treasuries climbed, with five-, 10- and 30-year yields sliding to records, as concern mounted that Europe’s debt crisis is worsening and before reports this week forecast to show U.S. growth cooled. more
NewportFed second-quarter profit declines 42 percent
Newport Bancorp Inc. the holding company for Newport Federal Savings Bank, on Friday reported second-quarter net income of $253,000, a 42 percent decline from the $439,000 profit posted during the same quarter ending June 30 last year. more
Property owner faces $421,900 EPA fine
Private Reserve Properties LLC, a Providence company, faces an Environmental Protection Agency penalty of up to $421,900 for what the agency says are repeated violations of federal lead-based paint disclosure laws and regulations. more
| 7/20/12
URI granted $14M to create adult care program
The University of Rhode Island has received a $14 million federal grant to run a new program that will provide care for cognitively challenged adults. more
R.I. jobless remains 2nd-highest in U.S.
Rhode Island’s 10.9 percent unemployment rates remains the second worst in the country, as the state saw the largest year-to-year percent decrease in employment in the United States, according to a U.S. Bureau of Labor Statistics report released Friday. more
| 7/20/12
GTECH signs 5-year deal with S.D. lottery
GTECH Corp. has signed a five-year extension of its lottery products and services contract with the South Dakota Lottery, extending the term of the deal through Aug. 2, 2019. more
| 7/20/12
BofA’s debt cuts leave 3-year capital cushion
Bank of America Corp.’s record $53 billion reduction of of long-term debt in the second quarter will help the lender go three years without needing to tap the bond market, the biggest cushion in its history. more
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