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Patrick Anderson

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WITH PRELIMINARY FIGURES showing a surplus for fiscal 2014 of $68 million, the fourth year in a row the state spent less than it took in, Gov. Lincoln D. Chafee is "proud" of the administration for supplying "strong fiscal management." / PBN FILE PHOTO/TRACY JENKINS

R.I. ends FY14 in the black

PROVIDENCE – Rhode Island ended fiscal 2014 with a surplus balance of $68 million, $8.8 million more than estimated in the budget, Gov. Lincoln...
CONTINUING A PATTERN OF THE LAST THREE MONTHS, single-family home sales declined in July on a year-over-year basis, even as the price paid increased. In addition, it continues to take less time for homes put on the market to be sold, according to the Rhode Island Association of Realtors. / COURTESY RHODE ISLAND ASSOCIATION OF REALTORS

All homes sales fall in July in R.I. as prices show...

WARWICK – Rhode Island single-family home sales fell 2.7 percent in July compared with the same period in 2013, the Rhode Island Association of...
STEVE EAVES and his digital electricity company, VoltServer, are the kinds of businesses that the new investment fund the Slater Technology Fund is looking to create will invest in. / PBN FILE PHOTO/TRACY JENKINS

Slater seeks $3M from state for new energy venture fund

PROVIDENCE - The Slater Technology Fund is seeking $3 million from the state Renewable Energy Fund to seed a new $8 million investment vehicle...
The I-195 District commission is expected to hear a proposal for a new development.

Third I-195 land proposal moves forward; for East Side land

(Updated, 4:15 p.m.) PROVIDENCE – Developer Richard Baccari II said Monday that his proposal for a mixed-use complex on a parcel of East Side former...
COLD BREW: Dave’s Coffee founder David Lanning said that the iced-drink segment of his business has “exploded.” / COURTESY DAVE’S COFFEE

Dave’s Coffee looking to be more than flavor of month

From modest beginnings – a small space in the back of Galapagos Boutique where guys could find a refuge from clothes shopping – Dave’s...
THE RHODE ISLAND Association of Realtors reported Tuesday that the median price for a single-family home in the Ocean State dropped 4 percent in June to $230,000 compared with $240,000 in June 2013. / BLOOMBERG FILE PHOTO/JACOB KEPLER

R.I. home prices drop 4% in June

WARWICK – Rhode Island single-family home prices dropped 4 percent in June compared with the same period last year on stable sales volume, the...
1 EMPIRE PLAZA was the brief home to 38 Studios LLC, the failed video game maker started by former Red Sox pitcher Curt Schilling. Roger Williams University has entered negotiations to lease about three-quarters of the building to expand its downtown Providence campus. / PBN FILE PHOTO/DAVID LEVESQUE

RWU looks to move into former 38 Studios downtown offices

(Updated, 8:28 p.m.) BRISTOL - Roger Williams University has chosen the former home of 38 Studios LLC as the new location for its downtown Providence...
THE COMMISSION OVERSEEING the redevelopment of the former Interstate 195 land in Providence (shown is a conceptual rendering of what the land might look like after being fully built-out) heard from two more developers with plans for the land Monday, and acknowledged moving toward completion of deals with two other developers. / COURTESY CITY OF PROVIDENCE

I-195 commission hears two more pitches, ‘moving ahead’ on 2 others

PROVIDENCE – The Interstate 195 Redevelopment Commission Monday heard presentations from two developers with plans for the east side of the former highway land. Royal...
THE QUONSET DEVELOPMENT CORPORATION board will vote on Tuesday, July 15, on whether to approve Cape Wind Associates LLC's proposed lease of 14 acres at Quonset in North Kingstown.

Cape Wind proposes lease of 14 acres at Quonset

(Updated, July 10, 11:02 a.m.) NORTH KINGSTOWN – Cape Wind Associates LLC has a tentative agreement to lease 14 acres at Quonset Business Park in...
FORMER ALEX AND ANI CEO Giovanni Feroce has announced the first venture supported by the investment firm he set up. He plans to bring back a dormant men's watch line to be the cornerstone of a lifestyle brand that will be military inspired. / PBN FILE PHOTO/TRACY JENKINS

Feroce looks forward to ‘Army surplus meets Barneys’ project

PROVIDENCE – Former Alex and Ani CEO Giovanni Feroce is returning to the retail industry with a 93-year-old wristwatch company he intends to resurrect...
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