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THE SEACLIFF PROPERTY at 562 Bellevue Ave., Newport, was sold to a California-based LLC controlled by Larry Ellison, founder of software company Oracle, for $11 million on Jan. 31, according to city records. / COURTESY CITY OF NEWPORT

Newport’s Seacliff property sold for $11M to Oracle founder Ellison

NEWPORT – An early 20th-century home along the city’s Cliff Walk was sold at the end of January for $11 million. Based on published...

Parker Hannifin named control systems partner of American Magic

BRISTOL – Parker Hannifin Corp., a global motion-controls company with Rhode Island locations, has been named an Official Control Systems Partner of New York...

Siren Marine named American Magic supplier for America’s Cup race prep

NEWPORT – Boat-technology company Siren Marine has been selected as the Official Connected Boat Supplier to the 2021 U.S. America’s Cup Challenger, New York...
THE RHODE ISLAND MARINE TRADE ASSOCIATION ANNOUNCED THURSDAY, New York Yacht Club American Magic would build a facility in Bristol to accommodate the construction of two AC75s - a new racing model - for the upcoming America's Cup race in 2021. / COURTESY RIMTA

Two new America’s Cup vessels to be built in R.I.

BRISTOL - In anticipation of the 36th America's Cup race, plans to build two racing vessels and a Bristol-based construction facility by Manhattan-based New...
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