Updated February 7 at 12:25pm
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Foreclosure petition filings in Massachusetts increased 118.2 percent to 1,224 in December from 561 in December 2014, The Warren Group, publisher of Banker & Tradesman, said Tuesday. more
Home prices in the Providence-Warwick metropolitan area increased over the year in December by 5.4 percent, while Rhode Island home prices climbed 4 percent during the same period, CoreLogic said Tuesday. more
Medical-device companies, under pressure from hospitals and health insurers to keep expenses down, are capitalizing on strong cash flows and the stumbling stock market to beef up cost-controlling technologies that may be critical to maintaining growth. more
An online life insurance agency has expanded into 33 new states, including Rhode Island, offering speedy underwriting services to online users. more
Banco Santander SA built up capital in the fourth quarter, easing investor concern about its ability to bolster buffers, as Spain’s largest lender booked charges that wiped out profit. more
The Independent Community Bankers of America is giving a dividend of more than $3 million to policyholders who participated in the Travelers SelectOne ICBA insurance program, marking its 14th consecutive dividend. more
Joseph J. MarcAurele is chairman and CEO of Washington Trust Bancorp Inc., parent company of Westerly-based The Washington Trust Co. The company last week reported record earnings for 2015, marking the second year in a row with record-breaking profit. MarcAurele talks with Providence Business News about what it would take to continue the trend in 2016. more
Cash had a pretty good run for 4,000 years or so. These days, though, notes and coins increasingly seem declasse: They’re dirty and dangerous, unwieldy and expensive, antiquated and so very analog. more
(Updated 10:57 a.m.) The van Beuren Charitable Foundation awarded 72 grants totaling $4.5 million in 2015 to improve the quality of life and place in Newport County. more
Amid concerns of sliding attendance caused partly by last year’s failed attempt to build a new baseball stadium in Providence, Pawsox owners are trying to make amends with fans and the team’s hometown of Pawtucket. more
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