Updated April 25 at 4:56pm
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Rhode Island’s economic growth held steady in the first three months of 2014, according to the Rhode Island Current Economic Indicator index released Wednesday by the Rhode Island Public Expenditure Council and Bryant University’s Center for Global and Regional Economic Studies. more
Alstom SA CEO Patrick Kron called on the French government to back a $17 billion offer by U.S. rival General Electric Co. for its energy units, saying uncertainty about his company’s future is making it difficult to win orders. more
Bryant University and the town approved a five-year agreement at a town council meeting Tuesday night for the university to reimburse Smithfield for its emergency services. more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com fell in March for a second consecutive month, dropping one-tenth of a percent to 124.9 from 125 in February. more
Swipely announced on May 15 that it now manages more than $2 billion in annual sales through its payments and customer-analytics platform for local merchants, doubling its sales under management in the last six months. more
Secured Network Services founder and president speaks about what brought him back to Rhode Island and what’s next for his company. more
Global biotech firm and medical supplies provider Covidien joined the National Association of Community Health Centers on Monday to announce the recipients of the 2014 Covidien Challenge Grant program, awarded through a seven-year collaboration that has helped bring quality health care to medically underserved communities. more
Medical-robotics company Medrobotics Corp. announced last week that it has closed on a $26 million Series E round of preferred stock financing including existing Medrobotics shareholders and undisclosed new investors. more
KVH Industries Inc. announced last week that it has received a new order for its tactical navigation systems for use in armored vehicles. The contract, valued at more than $5.2 million, was awarded by an unspecified international military customer. more
The R.I. Department of Health has given the final OK to the creation of Prospect CharterCare LLC, a for-profit combination of CharterCare Health Partners and Prospect Medical Holdings, a Los Angeles-based for-profit health care provider. more
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