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The pension fund for the state of Rhode Island earned 11.1 percent during the 2012 – 2013 fiscal year, a 9.7 percentage point improvement over the 1.4 percent rise during the 2011 – 2012 fiscal year, R.I. General Treasurer Gina M. Raimondo announced, and WPRI.com reported, Wednesday. more
Sales of new U.S. homes rose more than forecast in June to the highest level in five years, a sign builders are benefiting from a lack of supply of existing properties. more
Sovereign Bank N.A. will change its name to Santander Bank N.A. on Oct. 17, the bank announced Wednesday. more
A new study conducted by Rhode Island Hospital has found that academic medical centers have higher rates of recall following mammography than community radiology centers. more
Providence-based company Betaspring was one of 16 business accelerators from around the country to deliver business pitches at the first-ever Accelerator Demo Day, the U.S. Small Business Administration announced last week. more
Crewtoo, a new social media site for seafarers run by a subsidiary of Rhode Island-based KVH Industries Inc., has attracted more than 60,000 users within less than a year of its launch, KVH announced. more
The University of Rhode Island announced the launch of a joint project with the Ocean Exploration Trust and the Sea Research Foundation that will offer live Internet coverage of research explorations in oceans around the world. more
The new director of the Rhode Island STEM Center at Rhode Island College talks to Providence Business News about her new position, upcoming initiatives and the evolution of STEM. more
The VectorCAST platform from software testing solutions firm Vector Software Inc., has been chosen by engineering and consulting service provider MBtech Group for the development of its embedded system, Smart Connectivity Hub, the companies announced. more
Single-family home sales in Bristol County, Mass., increased 11.83 percent in June compared with the same period in 2012, The Warren Group said Tuesday. more
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