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An analysis of the new strain of what’s being called Shanghai bird flu, conducted by Dr. Anne S. De Groot and her team of researchers at EpiVax Inc., has concluded that there may be the need to develop a new vaccine to combat a potential devastating outbreak of the disease. more
Bombings killed three people, injured scores and sent smoke and flame soaring near the Boston Marathon’s finish line, triggering an FBI investigation into what authorities described as an act of terror. more
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems – posted net income of $119 million, or 41 cents per diluted share, during the first quarter, a very slight increase from the $118 million, or 40 cents per diluted share, it posted during the first quarter of 2012. more
Bank of America Corp.’s traders posted gains every business day during the first quarter as Morgan Stanley’s lost money in eight sessions, double the rate a year earlier. more
Bank of America Corp. urged a federal judge to throw out a $1 billion fraud lawsuit filed by the U.S. alleging it sold defective residential mortgage loans to Fannie Mae and Freddie Mac that defaulted. more
Rhode Island Gov. Lincoln D. Chafee said he will sign a bill legalizing same sex- marriage as soon as this week, providing an economic boost to the state and a resolution of an issue whose “time had come.” more
The foreclosure inventory in Rhode Island dropped slightly from March 2012 to March 2013 to 3.1 percent, CoreLogic reported Tuesday. This means that 3.1 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
White Plains, N.Y.-based Handy & Harman Ltd.’s subsidiary Lucas-Milhaupt Inc. has acquired the assets of Wolverine Joining Technologies, the companies announced Monday. more
U.S. stocks rose, with the Standard & Poor’s 500 Index heading for its sixth straight month of gains, as pending sales of homes climbed amid optimism central banks will maintain stimulus plans. more
More Americans than forecast signed contracts in March to buy previously owned homes, another indication of progress in the housing market. more
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