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After reportedly being valued at $3 billion by Facebook and then at $10 billion by Alibaba – neither deal actually happened – the ephemeral messaging service Snapchat is finally getting a revenue stream. After deliberating for more than a year on how to make money, its solution is the most unoriginal imaginable: advertising. more
At his Aug. 13 press conference to present the Bank of England’s quarterly inflation report, Gov. Mark Carney sashayed around a direct question asking whether an early interest-rate increase might be a helpful way to ensure borrowing costs rise only slowly and gradually. Minutes of the central bank’s most recent policy meeting, released Aug. 20, suggest his discomfort was warranted – and that an increase is likely even before wages start to grow. more
To the Editor: The PBN article (“Partisan differences energize power plans,” July 14) rightly notes that the state’s next governor will shape Rhode Island’s energy future. It shouldn’t be a question of if clean energy is a part of that future, but instead how can clean energy be a part of that future, in a way that benefits Rhode Island’s economy, energy security and environmental goals. more
Overfishing, pollution and changing onshore habits have conspired to nearly wipe out Rhode Island’s wild oysters. But thanks to a joint project by environmentalists and some Rhode Island restaurants named Oysters Gone Wild, the shellfish has hope to reclaim at least some of its former prominence and along with it, return Narragansett Bay to a more pristine state. more
Gov. Lincoln D. Chafee has trumpeted the potential of Canadian hydropower to supply so-called clean electricity to the New England, and he is not alone. Solar and wind power also have been targeted for growth. But no matter the source, the region needs more than renewable energy to meet its needs. more
A patient, laying in a hospital bed, looks stressed and saddened when his doctor, pointing at an EKG in the shape of a downward-sloping fever chart says, “You’re thinking too much about your business.” more
Cheryl Baeszler has joined Cox Media as digital sales manager for the Northeast region. more
Adam D. Riser has been elected to the board of directors of the Roger Williams University School of Law Alumni Association, where he will serve a three-year term. more
Jeffrey A. Mega joined Decof, Decof & Barry PC as an associate, where he will be responsible for handling cases involving catastrophic personal injury, wrongful death, medical negligence and product liability. more
Cheryl Twiss has been promoted to vice president of sales at Newport Hospitality Inc. She has been with the company for nearly eight years as director of sales and she has been in the hospitality industry for more than 30 years. more
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