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254 city homes kept affordable until 2046

PROVIDENCE – U.S. Sen. Sheldon Whitehouse and Mayor David N. Cicilline today joined in announcing a multimillion-dollar initiative that will keep 254 apartments affordable...
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Blount Boats set to launch ferry Plum Island

WARREN – The M/V Plum Island, a 120-foot cargo-passenger ferry constructed by Blount Boats Inc. for the U.S. Department of Homeland Security, is slated...

Bernanke: ‘Bad’ lending a long-term challenge

WASHINGTON – Low-income neighborhoods once cut off from credit are finding “bad” lending may be worse than none at all, according to Federal Reserve...

Investor to buy Tribune Co. for $8.2B

CHICAGO – Media giant Tribune Co. (NYSE: TRB), which went public in 1983, is planning to go private again by selling itself for $8.2...
SLADES BANK's Dennis Wyatt, senior VP and director of retail banking, and Seekonk manager Lisa Russo, right, with the new sign. /

Slade’s Ferry adopts new name, logo

SOMERSET – Slade’s Ferry Bank today unveiled new signs as the institution adopted both a new logo and a new name, Slades Bank, in...
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R.I. gas prices rise for 7th week, to $2.679

PROVIDENCE – Rhode Island gasoline prices rose for the seventh consecutive week, to 50 cents per gallon above the price eight weeks ago, AAA...

Nestor’s annual loss rises 10.7% to $7.49M

PROVIDENCE – For the year ended Dec. 31, Nestor Inc. (Nasdaq: NEST) today posted a net loss of $7.491 million, an increase of 10.7...
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UMass study shows where N.E. gambled in 2006

Rhode Islanders spent $548 million last year “at southern New England’s four casino-style venues,” according to a report released today by the Center for...
THE NEW HOTEL, a Hampton Inn to be constructed at The Village at South County Commons, is to have 100 guest rooms. /

Washington Trust Co. financing $8.1M new hotel

The Washington Trust Co. Commercial Real Estate Group has provided Village Hotel Associates LLC with $8.1 million in financing to build a Hampton Inn...

New Wave Café shuttered in tax dispute

NEW BEDFORD – The New Wave Café, a longtime showcase for original music, was shut down Wednesday by The Mass. Department of Revenue for...
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