Updated June 25 at 11:26am
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Cash purchases of homes in the Providence-Warwick-Fall River metropolitan area continued to fall in March, reaching 23.6 percent of all sales, a 9.2 percentage point decrease from a year earlier. more
The Port of Davisville will receive a $625,000 federal grant to expand capacity for imports and exports including automobiles, cargo and offshore wind components. more
Despite lagging growth, a new law awaiting gubernatorial approval would extend the state’s renewable energy target to 38.5 percent by 2035. more
U.S. stocks rose, mirroring equities around the world and sending the S&P 500 Index toward the strongest gain in a month, as a U.K. referendum on its European Union membership got underway. more
Fewer Americans than forecast filed for unemployment benefits last week, adding to evidence that the labor market is healthy and stable. more
Corey Auger, chairman of the Urban Greens Food Co-op, is preparing to open the first community-oriented grocery in Providence, on the site of a former manufacturing building in the city’s West End. The project already has captured state investment, in the form of support from the R.I. Commerce Corp. He responded to questions posed by the Providence Business News on the site for the endeavor. more
The American Council of Engineering Companies of Massachusetts has named Louis Berger, a Morristown, N.J., company hired by the R.I. Department of Transportation, as a winner of the 2016 Bronze Engineering Excellence Award for its work on Bridge No. 456 Replacement I-195 ramp, over Warren Avenue. more
An ocean-view condominium at 23 Beach St. was sold for $1,050,000 in late May, Lila Delman Real Estate International announced recently. It was the highest price for a condominium in Narragansett in three years. more
John Picerne, founder of the Corvias Group, recently received the 2016 Excellence in Individual Leadership Award from the National Council for Public-Private Partnerships. more
Nine years after its opening, the Renaissance Providence Downtown Hotel has completed a major renovation, including all 272 guest rooms, the lobby, meeting rooms and lounge. more
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