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Lincoln-based A.T. Cross Co., a portfolio company of Clarion Capital Partners, has signed an asset-purchase agreement to acquire Sheaffer, the fine-writing-instrument business of Clichy, France-based BIC for approximately $15 million. more
The Slater Technology Fund is seeking $3 million from the state Renewable Energy Fund to seed a new $8 million investment vehicle for Rhode Island early-stage energy companies. more
Tightening supply resulted in fewer single-family and condominium sales in Massachusetts in July, while driving home prices higher, according to the latest statistics released by The Warren Group. more
U.S. stocks rose, sending the Standard & Poor’s 500 Index above 2,000, after a report showed the biggest-ever jump in durable-goods orders and an unexpected consumer confidence increase. more
Citing a number of concerns, including community opposition to the location of large wind turbines near the city’s Point neighborhood, the U.S. Navy has shelved its proposed wind energy project in Newport. more
Restaurants and lodging outlets in Rhode Island are expected to continue the slow, steady growth that has characterized those industries since the Great Recession, according to speakers at the Rhode Island Hospitality Association’s annual Economic Outlook Breakfast. more
Rhode Island tied for the third-largest month-over-month statewide increase in home sales prices in June, rising 1.2 percent from May, according to the latest Black Knight Home Price Index report. more
GTECH S.p.A. has signed an agreement with Arizona Gaming Designs LLC to bring the patent-pending lottery game, Plus or Minus (also known as 1-Off) to GTECH customers. more
The 2013-14 freshmen at Brown University and Rhode Island School of Design scored highest in Rhode Island and southeastern Massachusetts on SAT tests required for admission, according to the latest data available from the U.S. Department of Education. more
Duke Reilly has been named director of industry business development at Amazing Charts, an electronic health record provider for outpatient practices. more
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