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On Tuesday night, youth teams pitched their social enterprise ideas at the Young Social Innovators Pitch and Graduation Ceremony at the MET School’s Center for Innovation and Entrepreneurship in hopes of winning $1,000 in seed funding. more
Woonsocket is facing possible receivership after state lawmakers and Gov. Lincoln D. Chafee failed to agree on a supplemental tax package to repair the city’s finances before the end of this year’s legislative session Tuesday night. more
Fitch Ratings – a globally recognized rating agency – has affirmed an “A+” grade to the Rhode Island School of Design’s $61 million in higher education facilities revenue refunding bonds and rated the outlook stable. more
U.S. stocks advanced, rebounding from yesterday’s decline, amid speculation the Federal Reserve will take steps to stimulate the economy and after the European Central Bank endorsed a plan to guarantee bank deposits. more
The Ocean State’s lowest earners could be getting their first pay bump in five years as legislation heads to Gov. Lincoln D. Chafee for approval, according to the Associated Press. more
Textron subsidiary, Cessna Aircraft Co., has signed a purchase agreement with Berkshire Hathaway subsidiary NetJets Inc. more
With the unanimous positive vote by the R.I. Senate on Monday evening, legislation changing the Hospital Conversions Act has been sent to the governor’s desk to be signed. more
WaterFire Providence and Community MusicWorks, a musicians-in-residence based educational nonprofit in the city’s West End, have been awarded grants from ArtPlace, a philanthropic collaboration of high-profile foundations in partnership with the National Endowment of the Arts. more
Increased home sales and low mortgage rates have led to increased mortgage activity in New England, according to data from The Warren Group’s Mortgage MarketShare Module. more
Workers began unloading the first of the cargo for the America’s Cup on Monday, June 11 at the Port of Davisville. more
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