Updated May 25 at 9:25am
Local News
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Rhode Island’s foreclosure inventory was 1.5 percent in May, a four-tenths of a percentage point drop from May 2014, according to data released Tuesday by CoreLogic. more
The city’s Department of Art, Culture + Tourism, in partnership with Rhode Island LISC, received a $300,000 grant from ArtPlace America through its 2015 national grants program, Mayor Jorge O. Elorza said this week. more
Sales at U.S. retailers unexpectedly dropped in June, upending optimism about the strength of the rebound in consumer spending during the second quarter. more
The College & University Research Collaborative is receiving new funding, broadening the scope of future research and releasing six new studies Tuesday. more
Mayor Jorge O. Elorza on Monday named a new economic-development director, filling a key position that’s been vacant since January. more
Bond investors are lining up to finance CVS Health Corp.’s takeover of Omnicare Inc. and Target Corp.’s pharmacies and clinics. more
The former CEO of Summer Infant Inc. has taken issue with a Securities and Exchange Commission form that the company filed about her departure from the juvenile-product maker’s board of directors. more
Ranking 32nd, Brown University is the only school in the region breaking the top 50 out of 736 colleges and universities listed as the best value for the money, according to Money Magazine. more
Shopping centers and malls in the Providence area have one of the nation’s highest vacancy rates for anchor stores, according to an analysis by Pitney Bowes and the Directory of Major Malls. more
The Narragansett Fire Department will receive $769,582 in federal funding to purchase a new ladder truck and firefighting equipment, U.S. Sens. Jack F. Reed and Sheldon Whitehouse and U.S. Rep. James R. Langevin announced Monday at the Narragansett Fire Department headquarters. more
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