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CVS Caremark Charitable Trust opens 2012 grant application process
CVS Caremark Charitable Trust – a private foundation founded by CVS Caremark Corp. – has opened the 2012 grant application process to eligible nonprofit organizations seeking funding. more
| 6/1/12
Fitch downgrades Woonsocket bonds to ‘B,’ outlook ‘negative’
Fitch Ratings has downgraded Woonsocket’s $118 million general obligation bonds from ‘BB-’ to ‘B’ and rated the outlook ‘negative.’ more
| 6/1/12
Eleven nominated for New Bedford Small Business of the Year
Eleven local businesses have been nominated by the New Bedford Area Chamber of Commerce and BankFive for the Greater New Bedford 2012 Small Business of the Year Award. more
| 6/1/12
U.S. retailers’ May sales top estimates amid warmer weather
U.S retailers’ same-store sales topped analysts’ estimates this month as warm weather and lower gasoline prices boosted consumer spending. more
RIPEC to examine EDC, as Chafee names 3 to board
The Rhode Island Public Expenditure Council will examine the current structure and operation of the R.I. Economic Development Corporation in light of the recent 38 Studios LLC loan guarantee debacle, Gov. Lincoln D. Chafee announced Thursday. more
Finard closes on Biltmore purchase
Finard Coventry Hotel Management announced Thursday that it has closed on its $16 million purchase of the Providence Biltmore hotel. more
Report: R.I. must match skills to jobs
In order to turn around the economy, Rhode Island must reduce the overall cost of doing business, change public perception about the unfriendliness of its business climate and face the mismatch of talent with job needs, according to a report from the New England Economic Partnership. more
RISD taps Somerson as provost
The Rhode Island School of Design has appointed Rosanne Somerson as its new provost. Somerson, who currently serves as RISD’s interim provost, will officially take the position on July 1. more
| 5/31/12
R.I. Foundation awards $1.8M from Fund for a Healthy Rhode Island
The Rhode Island Foundation has awarded $1.8 million in grants to seven organizations across the state from its Fund for a Healthy Rhode Island. more
RIPEC: State should move toward investment as revenue improves
As state revenue improves, Rhode Island should move towards an investment-based agenda, according to a R.I. Public Expenditure Council report released Wednesday. more
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