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Thursday, September 20, 2018

Financial Services

Alliance aims to update, expand RIEDC offerings

The R.I. Economic Development Corporation and The Urban Revitalization Fund (TURF) announced a new alliance last week that they said will strengthen and better...

Warren Equities founder donates $100M to Brown

Medical school named after its new benefactor: A $100 million gift from The Warren Alpert Foundation, a private philanthropy in Providence established by...

EpiVax unveils a new vaccine

EpiVax Inc., a Providence-based biotechnology firm, last week announced it has developed a promising vaccine against tularemia. In animal studies at Rhode Island Hospital, the...

Domestic banks on the power of Wal-Mart’s appeal

Citizens Bank is well known across the country for putting branches in supermarkets to attract new customers and provide convenience to existing ones. But on...

Clear Channel urging shareholders to OK sale

SAN ANTONIO – Clear Channel Communications Inc., whose properties include local radio stations WHJY-FM, WHJJ-FM, WSNE-FM and WHJJ-AM, is urging shareholders to approve its...

CBRE division arranges $12.45M loan for 3 Davol

PROVIDENCE – CBRE | Melody, the real estate investment banking division of CB Richard Ellis, last week said that it has arranged $12.45 million in...

Providence Equity cited as raising new $12B fund

PROVIDENCE – Providence Equity Partners Inc. has raised $12 billion in less than three months to create the biggest-ever fund to buy media and...

R.I. probing TJX Cos.’ handling of records breach

PROVIDENCE – Attorney General Patrick C. Lynch today announced he has filed a Civil Investigative Demand (CID) in Providence County Superior Court against The...
Construction of the two residential towers at the Waterplace mixed-use development in Capital Center is on schedule, according to a spokeswoman for the developer, Intercontinential Real Estate, which recently secured construction financing from Sovereign Bank. /

Sovereign finances Waterplace mixed-use project

BOSTON – Intercontinental Real Estate Corp. says it has secured construction financing Waterplace, its luxury mixed-use complex in Providence’s Capital District, for which the...
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State to issue debit cards for unemployment, TDI

For decades, Rhode Islanders who receive unemployment or temporary disability insurance benefits have gotten checks in the mail. But while the system works well...
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