Updated May 23 at 11:16am
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The foreclosure rate in the Providence-Warwick metro area dropped to 1.78 percent in April from 2.54 percent during the same month last year, real estate data firm CoreLogic reported Tuesday. more
The U.S. Supreme Court dealt what may be a fatal blow to Aereo Inc. and its dream of transforming the television industry, ruling that the Barry Diller-backed Internet startup is violating broadcasters’ copyrights. more
Kevin Doyle, an Irish step dancer from Barrington, is one of 13 artists receiving a $25,000 National Heritage Fellowship from the National Endowment for the Arts. more
The U.S. economy contracted in the first quarter by the most since the depths of the last recession as consumer spending cooled. more
After advancing slightly in last year’s ranking, Rhode Island dropped once again to dead last in CNBC’s America’s Top States for Business 2014 report. The 2014 ranking represents the third time in the last four years that Rhode Island came in at No. 50 in the CNBC report, which scored all 50 states on 56 measures of economic competitiveness. more
Fifteen months after CharterCare Health Partners first announced its intention to partner with Los Angeles-based Prospect Medical Holdings Inc., the new for-profit joint venture between the two groups officially launched on June 20 with the formation of Prospect CharterCare LLC. more
Banks stand to lose as much as $4.5 billion in annual revenue as regulations aimed at improving financial stability alter how interest-rate swaps are bought and sold, according to a report from McKinsey & Co. more
The AS220 maker space in Providence won a contest hosted by Chicago-based Inventables to receive a free 3-D carving machine, a new technology that like 3-D printing is “revolutionizing the way physical objects are designed and manufactured.” more
Gov. Lincoln D. Chafee last week unveiled the R.I. Office of Management and Budget’s new online “suggestion box” for Rhode Island small businesses interested in contributing to the state’s regulatory reform process. more
This September, the Southeastern New England Defense Industry Alliance will bring together officials and defense industry leaders for an event in Newport focusing on new trends within the defense industry and the future of innovation and technology in defense. more
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