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Telecommunications company Towerstream Corp. on Monday reported a second-quarter net loss of $6.4 million, or 10 cents per share, widening by 2.6 percent the net loss of $6.2 million, or 9 cents per share, recorded for the same period last year. more
Rhode Island single-family home prices dropped 4 percent in June compared with the same period last year on stable sales volume, the Rhode Island Association of Realtors said Tuesday. more
Vestas Wind Systems A/S, a global wind energy company, will sponsor a boat in the Volvo Ocean Race 2014-15. Chris Nicholson, a six-time world champion who will be contesting his fifth race, will skipper the boat for the race that starts on Oct. 4 in Alicante, Spain. more
Job openings rose in June to the highest level in more than 13 years, firming up the U.S. labor market picture for the second half of the year. more
The Flickers: Rhode Island International Film Festival on Tuesday announced the winners of its 18th annual festival awards, presented at an Aug. 10 ceremony held at the Rhode Island School of Design Museum in Providence. more
The price of gasoline fell 2 cents in Rhode Island this week and 6 cents in Massachusetts, mirroring a national downward trend despite high-profile conflicts in overseas oil-producing countries and declining domestic refinery production, according to the weekly survey by AAA Southern New England. more
As a result of the state’s early repayment of its federal unemployment insurance loan, Rhode Island businesses will save $95 million in federal UI tax payments and interest through 2016, according to data released Tuesday by R.I. Department of Labor and Training Director Charles J. Fogarty. more
CVS Caremark Corp. and National Grid have announced the six suppliers they will sponsor to participate in a continuing education program in supply-chain business management at Roger Williams University. more
Royal Bank of Scotland Group PLC and HSBC Holdings PLC, two of Britain’s largest banks, awarded about 10.6 million pounds ($17.8 million) in shares to senior executives as regulators impose limits on cash bonuses. more
RBS Citizens, the commercial banking division of Providence-based Citizens Financial Group Inc., is expanding into new geographic markets with an emphasis on growth industries such as health care, technology and franchising, the bank announced Wednesday. more
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