Updated May 26 at 11:57am
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The share of mortgage lending to minority borrowers fell to at least a 14-year low as U.S. regulators struggle to ease credit to blacks and Hispanics shut out of the housing recovery. more
(Updated, 5:20 p.m.) Citizens Financial Group Inc., the U.S. subsidiary of Royal Bank of Scotland Group PLC, raised $3 billion in its initial public offering, pricing the shares below the marketed range. more
Newport Harbor Corp. has sold the Newport Yachting Center on the city’s waterfront to Peregrine Group LLC for an undisclosed price, the company announced Tuesday. more
The 118-year-old Carey School stopped operating as a school in 2009. It is being redeveloped by Boston-based Arch Street Development LLC, which specializes in redevelopment, adaptive reuse and historic building preservation in the Northeast. more
Dignitaries on Tuesday celebrated a grand opening of Alex and Ani Hall, a $17 million renovation of a 1958 Rhode Island College campus building that reopened to students at the start of this fall semester. more
Passenger traffic at T.F. Green Airport declined for the eighth consecutive month in August, registering 332,246 travelers, a drop of 6.85 percent compared with August 2013, according to the latest report released by the R.I. Airport Corporation. more
Hodges Badge Company Inc. has purchased a North Carolina ribbon and badge company for an undisclosed sum, taking over its customer list and manufacturing equipment. more
Cape Air is celebrating its 25th anniversary as a commercial airline by offering an end of the season special $25 each-way fare between Block Island and T.F. Green. more
“Frozen” is still hot. Two toys based off Walt Disney Co.’s hit animated film made Adventure Publishing Group’s Toy Insider Hot 20 list released today, making it the only entertainment property with multiple items on the roster. more
Massachusetts single-family home sales declined 6.6 percent in August, marking the sixth time sales have decreased year-over-year in 2014, according to the latest report by The Warren Group, publisher of Banker & Tradesman. more
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