Updated November 28 at 12:26pm
Local News
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Although foreclosures are decreasing, Rhode Island continues to post one of the nation’s highest foreclosure rates, as well as percent of loans considered seriously delinquent. more
FM Global has retained its AA rating for financial strength from Fitch Ratings Inc., the commercial property insurer said on Thursday. more
R.I. Commerce Corp. has launched a website focused on developing the Latino business community in Rhode Island. more
One month after slowing down, an economic index for the Ocean State ticked up in August, according to PBN and e-forecasting.com, the co-producers of the Rhode Island Leading Economic Indicator Index. more
Reporting its 24th consecutive quarter with year-over-year revenue growth, Webster Financial Corp., parent of Webster Bank NA, on Thursday announced its third-quarter earnings, which included net income of $51.5 million, a 2.1 percent increase. Earnings per diluted share increased 1 cent to 54 cents. more
Consumer sentiment climbed more than forecast in October as lower-income Americans projected wage gains will accelerate and falling energy prices helped stretch paychecks. more
At a state-of-the-art facility in Thousand Oaks, Calif., drugmaker Amgen Inc. is perfecting the art of copying others. more
Washington Trust Bancorp Inc., parent of Washington Trust Co., paid $7.1 million to complete the acquisition of Halsey Associates Inc., increasing the bank’s wealth management assets by 15 percent. more
Demolition of the 19th-century Elizabeth Mill has begun, in preparation for a planned development that would place a new mixed-use building, featuring housing and commercial space, near T.F. Green Airport. more
Trivago.com, a hotel search site, has ranked Newport No. 17 on a list of America’s “Top 50 Cities to Stay” for 2015. more
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