Updated February 28 at 11:43am
Local News
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The R.I. Historical Preservation and Heritage Commission has awarded $57,900 over six grants to local historic-preservation programs. Four communities will receive the funds to support a variety of activities. more
Mark S. Hayward, the Rhode Island district director of the U.S. Small Business Administration, will serve as a temporary senior adviser to Linda E. McMahon, confirmed by Congress on Tuesday to head the federal agency. more
(Updated, 5:22 p.m.) SoftBank Group Corp. is buying alternative-asset manager Fortress Investment Group LLC – the manager of Providence Journal parent company New Media Investment Group – for $3.3 billion in cash to operate alongside the Japanese company’s soon-to-be-established technology investment fund. more
As a way to expand the offerings of its student-led investment fund, Bryant University has extended a visiting professor appointment to Kevin Maloney, a veteran of the finance industry and academic in the field of fixed-income investments. more
(Updated: 3:50 p.m.) As Congress tosses the hot potato of Obamacare repeal promises from hand to hand in Washington, health insurers, doctors and hospitals in Rhode Island worry about the effects of lost benefits and are focused on maintaining improved care and coverage that predates the Affordable Care Act. more
Aetna Inc. Chief Executive Officer Mark Bertolini escalated his criticism of the Affordable Care Act, saying Obamacare’s markets are nearing failure as premiums climb and healthier individuals drop out. more
The state treasurer plans to move $30 million in deposits to local banks and credit unions in an effort to encourage more small-business lending. more
United Natural Foods Inc. will expand its footprint in Rhode Island with a shared services center, adding about 150 new jobs, the R.I. Commerce Corp. announced Wednesday. more
University of Massachusetts Dartmouth associate professor of STEM education and teacher development Walter Stroup has received a $457,755 grant from the National Science Foundation. more
Two local chefs are in the running for the Oscars of the food world. The semifinalists for the 2017 James Beard Awards were announced today. more
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