Updated February 13 at 6:25pm
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Purchases of new homes in the U.S. surged in December to the highest level in 10 months, closing out the best year for housing since 2007. more
The city will receive $246,597 in state incentives over a period of 12 years for providing its own property tax incentives for a new, extended-stay hotel on Fountain Street downtown. more
Orders for business equipment fell in December by the most in 10 months, a sign U.S. companies were slashing capital investment even before the turmoil in global financial markets. more
Massachusetts had the highest number of single-family home sales in December since 2004, The Warren Group, publisher of Banker & Tradesman, said Wednesday. more
A former Smithfield resident bequeathed $6.8 million to the Audubon Society of Rhode Island and The Nature Conservancy’s Rhode Island chapter for land and water conservation, the largest single donation in ASRI’s 117-year history. more
Brookline Bancorp Inc. on Thursday reported 2015 profit grew 15.5 percent to $52.4 million, or 71 cents per diluted share, compared with $45.3 million, or 62 cents per diluted share, in 2014. more
Meredith Corp. walked away from its attempt to merge with Media General Inc., allowing Nexstar Broadcasting Group Inc. to proceed with its plan to acquire the TV station owner after months of negotiation. more
(Updated 11:31 a.m., 12:24 p.m. and 4:09 p.m.) Former mayor Vincent A. “Buddy” Cianci Jr. has died, according to news reports. more
Almost two decades after U.S. states settled with tobacco companies on payments for health-care costs, officials are still finding new ways to tap the revenue stream to close budget gaps and fund programs. more
Delta Dental of Rhode Island awarded a $25,000 grant to Rhode Island Donated Dental Services through its annual challenge grant program in collaboration with the Rhode Island Dental Association. more
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