Updated July 3 at 9:03pm
Local News
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Rhode Island Housing on Tuesday announced the launch of the agency’s FirstHomes Tax Credit program designed to help first-time homebuyers save as much as $2,000 annually on mortgage costs. more
Confidence among U.S. consumers soared in July to the highest level in almost seven years as Americans grew more upbeat about the labor market and the outlook for the economy. more
Hotel tax collections in Rhode Island increased year over year in May for the first time since January, climbing 17.5 percent to $270,851 from $230,579 in May 2013, the R.I. Department of Revenue reported Tuesday. more
The Providence Journal’s second-quarter profit more than doubled to $2.1 million, as revenue grew 1.1 percent to $22.3 million compared with the same period last year, according to an A.H. Belo Corp. filing with the U.S. Securities and Exchange Commission made public Wednesday. more
Banco Santander SA, Spain’s biggest bank, will probably report an increase in second-quarter earnings, helped by gains at its U.K. unit and an improvement in its home market. more
Amgen Inc., the world’s biggest biotechnology company by sales, reported second-quarter earnings that beat analysts’ estimates and raised its profit estimate for the year. more
Money magazine has named Brown University the 19th best school overall and the 15th best private school in its inaugural value ranking of U.S. colleges and universities released Monday. more
Starkweather & Shepley Insurance Brokerage Inc. ranked No. 69 in Business Insurance Magazine’s Top 100 List of Insurance Brokerages for 2014, moving up two places from its ranking last year at No. 71. more
Brookline Bancorp, Inc., parent company of Bank Rhode Island, posted earnings of $10 million for the second quarter of 2014, an increase of 5.1 percent over net income of $9.5 million in the second quarter of 2013. more
GTECH S.p.A. on Thursday reported second-quarter net income of 65.6 million euros ($89.9 million based on the exchange rate of $1.37 per euro on June 30), a 9 percent decline compared with the €72.1 million ($98.8 million) income for the same period last year. more
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