Financial Services

Sales of single-family homes, condos fall to pre-2000 levels

Sales of existing single-family houses, condominiums, co-ops and townhouses fell last month to the lowest level in at least eight years, according to a...

FHLB awards $3.8M for affordable housing in R.I.

BOSTON – Three affordable housing projects in Rhode Island today were awarded $3.8 million by the Federal Home Loan Bank of Boston. The money...

U.S. Attorney applauds ethics changes <br> at Roger Williams Medical Center

PROVIDENCE – The U.S. Attorney’s Office for the District of Rhode Island and Roger Williams Medical Center have agreed to terminate the deferred prosecution...
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U.S. foreclosure rate rises 2.09% in October

IRVINE, Calif. – The number of U.S. homeowners facing foreclosure rose last month to 224,451, an increase of 2.09 percent from September and 94.22...

Kopin posts record revenue in partial 3Q report

TAUNTON – In the quarter ended Sept. 29, Kopin Corp. (Nasdaq: KOPN) today posted a preliminary third-quarter loss of $772,000, on record revenue of...
BIONICA CORP. is creating a two-part personal communications system for the hearing impaired, which will offer a choice of sound-processing profiles for different environments. /

6 companies get innovation tax-credit designation

PROVIDENCE - Six Rhode Island companies have been approved to receive the state’s new innovation tax credit, which is designed to help startup companies...

SEED to honor small business, banker of year

TAUNTON – The South Eastern Economic Development Corporation will celebrate its first-quarter century this Thursday at 5:30 p.m. at White’s of Westport. The group’s...

URI becomes an official partner of CFA program

KINGSTON – The University of Rhode Island’s College of Business Administration has been named a Charter Financial Analyst Program Partner by the CFA Institute,...

TRIA is here for a while, but changes are likely

The holidays appear to have arrived early for supporters of the federal Terrorism Risk Insurance Act (TRIA). On Oct. 17, the U.S. Senate Banking...
HURRICANE KATRINA flooded Rick Torres’ family-owned hardware store in New Orleans in 2005. Unfortunately, Torres did not have flood insurance for his business. /

Hurricane risk expected to continue at high level

There are only a few days left in the 2007 Atlantic hurricane season, which ends officially on Nov. 30, but just because your home...
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