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U.S. stock futures rise on speculation central banks will act
U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will complete a second straight weekly advance, on speculation central banks will act to boost economies as Europe’s debt crisis threatens growth. more
With bank’s help, JA reaches goal
Junior Achievement of Rhode Island, which provides programs on workforce readiness, entrepreneurship and financial literacy, announced it has received a grant from Webster Bank as part of the bank’s commitment to giving back to the community. more
| 6/15/12
Five Questions With: Jamie Rhodes
Jamie Rhodes, Rhode Island director for Clean Water Action, talks about clean, safe and affordable water, the elimination of pollution and creation of environmentally safe jobs and businesses. more
Foundation remembers Cranston firefighter
The family of Lt. James Pagano, the Cranston firefighter who was killed during a dispute at his 9-year-old son’s birthday party in May 2008, will host the inaugural Lt. Jim Pagano Foundation Golf Tournament on Aug. 13 at the Alpine Country Club in Cranston. more
| 6/15/12
National Grid boosts support for City Year
National Grid now ranks as City Year Rhode Island’s largest team sponsor after a recent $300,000 donation. more
| 6/15/12
Philanthropy calendar
If a nonprofit wants an upcoming fundraiser to be considered for a calendar listing, email information to nonprofit@PBN.com at least four weeks in advance of the event. BEAD FOR LIFE … more
6/15/12
Unemployment rate drops in May
Rhode Island’s unemployment rate dropped for the first time in three months to 11 percent in May, a two-tenths of a percentage point decrease from April, the R.I. Department of Labor reported Friday. more
Treasuries fall before U.S. bond sale amid stimulus speculation
Treasuries fell before the U.S. auctions $13 billion of 30-year bonds at what may be a record low yield amid speculation the Federal Reserve may take further measures to spur economic growth. more
RBS sues Schilling over 38 Studios loan
RBS Citizens has sued former Red Sox pitcher Curt Schilling for $2.4 million to recover the loans made to Schilling’s defunct video game company, 38 Studios LLC, The Boston Globe reported. more
| 6/14/12
Judge OKs stalking horse bid for Westerly Hospital
Following a two-hour hearing on June 13, Superior Court Judge Brian Stern gave his approval to a $69 million “stalking horse” bid from Lawrence & Memorial in New London, Conn. to purchase Westerly Hospital, now in receivership. more
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