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INTERNATIONAL GAME Technology PLC is selling its social casino subsidiary, Double Down Interactive LLC, to an affiliate of Seoul, South Korea-based DoubleU Games Co. Ltd.

IGT, Incredible Technologies ink cross-licensing agreement

PROVIDENCE – Global gaming leader International Game Technology recently reached a patent cross-licensing agreement with Incredible Technologies Inc., a Class III gaming manufacturer based...
THE U.S. auto industry was blindsided last month by just how fast sedans have fallen out of favor with Americans now embracing roomier sport utility vehicles. / COURTESY BLOOMBERG NEWS

U.S. car demand collapse jeopardizes Trump’s auto factory push

Ford Fusion: down 37 percent. Chevrolet Malibu: down 36 percent. Toyota Prius: down 29 percent. As those grim numbers suggest, the U.S. auto industry was...
Jack Cacchiotti

Five Questions With: Jack Cacchiotti

Jack Cacchiotti is partner at Restivo Monacelli LLP, a Providence-based tax, accounting and business advisory. The firm recently announced it has expanded its footprint...
Rhode Island Infrastructure Bank

RIIB saves municipal borrowers $5.9M

PROVIDENCE – The Rhode Island Infrastructure Bank estimates it has recently saved municipal borrowers $5.9 million by refinancing outstanding debt. The quasi-public financing group says...
PROVIDENCE MAYOR JORGE O. ELORZA said that the newcomer program "marks a tremendous step in ensuring that all Providence students learn in an environment that is welcoming and supportive. Newcomers, just as the rest of our students, deserve a fair shot at a quality education.” / PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS

Elorza announces high school program for immigrant students entering U.S.

PROVIDENCE – For the past three weeks, 41 recently emigrated high school-aged students from countries in Africa, the Middle East and Central America have...
LOCAL 1 percent meal and beverage tax collections grew 1.8 percent year over year in January, and 1.6 percent when comparing the first seven months of the fiscal year with the prior fiscal period, the R.I. Department of Revenue said.

Local 1% meal, beverage tax collections climb in Jan., fiscal YTD

PROVIDENCE – Local 1 percent meal and beverage tax collections grew 1.8 percent year over year in January, and 1.6 percent when comparing the...
R.I. Commerce Corp. pay $50,000 to settle allegations it defrauded investors

Federal judge approves 38 Studios settlement

PROVIDENCE – A federal judge on Monday ordered R.I. Commerce Corp. to pay $50,000 to settle allegations it defrauded investors to fund the now-defunct...
GASOLINE PRICES in Rhode Island jumped 2 cents higher than last week, AAA Northeast said. / BLOOMBERG FILE PHOTO/DANIEL ACKER

Gas prices climb in Rhode Island, Massachusetts

PROVIDENCE – Gasoline prices rose 2 cents in Rhode Island and Massachusetts from last week, AAA Northeast said Monday. “These higher prices are in line...
HOWARD MERTEN has been elected as Partridge Snow & Hahn LLP’s new managing partner.

Merten elected managing partner at Partridge Snow & Hahn

PROVIDENCE – Commercial litigation lawyer Howard Merten has been elected as Partridge Snow & Hahn LLP’s new managing partner, the firm said Monday. Merten replaces...
Dr. Brian R. Ott

RIH seeks volunteers for new approach to battle Alzheimer’s

PROVIDENCE – Investigators at Rhode Island Hospital, a Lifespan facility, are recruiting volunteers for a national multicenter clinical trial of a new and highly...
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