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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
USI Insurance acquires Lynch, Beretta and Bucci
Property and casualty insurance agency Lynch, Beretta and Bucci was acquired by Briarcliff Manor, N.Y.-based USI Insurance Services, USI announced Wednesday. more
| 6/14/12
Foreclosure filings fall in Providence metro
Lenders initiated 32 percent fewer foreclosure filings in the Providence-Fall River–New Bedford area in May than they did during the same period 2011, RealtyTrac said Thursday. more
Report: R.I. businesses are good to new fathers
Rhode Island ranked 15th out of the 50 United States and the District of Columbia for supporting new fathers in the workplace, according to a report from the National Partnership for Women & Families. more
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