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BALLY'S CORP. on Thursday agreed to a buyout off by Standard General’s L.P. in a deal that values the Rhode Island-based casino operator at $4.6 billion. / JON DOUCETTE PHOTOGRAPHY/BALLY’S CORP.

Bally’s agrees to New York hedge fund’s buyout offer valued at...

PROVIDENCE – Rhode Island-based Bally’s Corp. on Thursday agreed to accept a buyout offer from hedge fund Standard General L.P. in a deal that...

Fitch, S&P give AAA credit rating to Rhode Island Infrastructure Bank

PROVIDENCE – Rhode Island Infrastructure Bank says it has received AAA ratings from Fitch Ratings and S&P Global Ratings on the bank's $41.7 million...

S&P upgrades RITBA’s toll revenue bond rating

PROVIDENCE – The S&P Global Ratings agency upgraded the R.I. Turnpike and Bridge Authority's toll revenue bond rating from “A” to “A+." Citing “improved metrics,”...

Fitch upgrades Lifespan’s outlook to stable, affirms bond ratings at BBB+

PROVIDENCE – Lifespan Corp. has earned recognition for its recent financial improvements as Fitch Ratings upgraded its outlook on the state’s largest health system...
ENTERTAINMENT HUB: Santa Claus waits for children at the Warwick Mall, which boasts a 95% occupancy rate and is striving to integrate more entertainment-focused tenants, according to Domenic Schiavone, mall general ­manager.  
PBN PHOTO/
MICHAEL SALERNO

MALL MANEUVERS: Developers attempt different strategies to rekindle or recycle retail...

No matter what anyone says, Matthew DuPlessie sees a future in indoor shopping malls. At least for his company. To DuPlessie, malls offer large, open...

Fitch upgrades RIAC bond rating to ‘A-’

PROVIDENCE – The R.I. Airport Corp. has scored a financial hat trick this year. Fitch Ratings on Monday upgraded the quasi-public agency's $57 million of...

Fitch, Moody’s, S&P Global affirm strong R.I. general obligation bond ratings

PROVIDENCE – Fitch Ratings, Moody’s Investors Service and S&P Global Ratings have each affirmed positive ratings of Rhode Island’s general obligation bonds, General Treasurer...

Downgrade of U.S. credit rating shouldn’t be downplayed

The formerly pristine reputation of the U.S. government’s debt lost a little more luster after a prominent rating agency demoted Uncle Sam from its...

Fitch downgrades U.S. credit rating, citing mounting debt and political divisions 

WASHINGTON (AP) – Fitch Ratings has downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and...

U.S. economy accelerated unexpectedly to a 2.4% growth rate in April-June...

WASHINGTON (AP) – The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily...
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