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38 Studios back in default
Gov. Lincoln D. Chafee said Friday afternoon that 38 Studios LLC was back in default on its $75 million loan guarantee deal with the state for violating labor laws governing mass layoffs. more
Five Questions With: Angus Davis
The founder and CEO of Swipely, talks to Providence Business News about his company, its exciting changes and the Rhode Island business environment. more
URI chemist awarded $400K ‘early career’ grant by NSF
Jason Dwyer, an assistant chemistry professor at the University of Rhode Island, has been awarded a five-year, $400,000 research grant from the National Science Foundation. more
Sea Corp. lands $86M Navy contract
Systems Engineering Associates Corporation – Sea Corp. – has been awarded a three-year, $86 million contract to support the electromagnetic department of Newport’s Naval Undersea Warfare Center. more
| 9/10/12
Angels eye life sciences investments
Rhode Island life science entrepreneurs with breakthrough research they hope will conquer the marketplace have a new ally. more

By Patrick Anderson
PBN Staff Writer | 11/5/12

Dear Kate re-launches lingerie line in time for holidays
Dear Kate, the rebranded line of specialty lingerie that mixes fashion and function, is launching online this month with shipping to start in early December in anticipation of the holiday season. more
38 Studios auction pulls in $180K
Bargain hunters spent $180,000 scooping up office furnishings and video-game equipment formerly belonging to 38 Studios LLC at the company’s Maryland bankruptcy auction last week, the court-appointed receiver in the case announced Thursday. more
Amgen gets high court review of class-action stock fraud suit
The U.S. Supreme Court will decide whether investors must prove that misinformation from Amgen Inc. propped up its stock price before they can pursue a class-action stock-fraud suit against the world’s largest biotechnology company. more
NIH awarded $147M to R.I. in FY2012
During the fiscal year ended June 30, the National Institutes of Health awarded a total of $146.96 million in grants to Rhode Island hospitals, universities and companies. more
Study: R.I. iPhone users are third clumsiest in U.S.
SquareTrade, the world’s largest independent warranty provider, ranked Rhode Island third clumsiest state regarding iPhone damages. more
| 8/15/12
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