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RBS Citizens Financial Group is selling 94 of its Chicago-area Charter One bank branches for $315 million to U.S. Bancorp, Providence-based Citizens announced Tuesday. more
The Champlin Foundations has awarded the University of Rhode Island four grants totaling $651,774 to fund the purchase of in-classroom technology and research equipment. more
After a Tuesday recount reaffirmed the Election Day vote rejecting the Mohegan Tribal Gaming Authority’s plans for a casino in Palmer, Mass., the developer agreed to team up with Suffolk Downs on its casino bid in Revere, Boston.com reported Wednesday. more
At the monthly Providence Geeks dinner at AS220, Teespring co-founder and CEO Walker Williams provided some insight into how his crowdfunding platform for custom apparel has risen to become the latest juggernaut startup in Providence. more
The deadline for submitting an application for the Rhode Island Foundation’s 2014 Rhode Island Innovation Fellowships, an annual program intended to stimulate solutions to the state’s challenges, is Friday, Dec. 13. more
Braver PC, a regional accounting firm with offices in Providence and Needham, Mass., merged its accounting, business strategies and valuation services divisions with national accounting and advisory firm Marcum LLP effective Jan. 1, the New York-based company announced Monday. more
Rosanne Somerson, provost at the Rhode Island School of Design, has been named interim president by RISD’s board of trustees, effective Jan. 1. more
FM Global is creating 36 new jobs in information technology at its corporate offices here, the company said in a press release Wednesday, among more than 300 hires made in Rhode Island in the last five years. more
Rep. Joseph M. McNamara, D-Warwick, has introduced legislation designed to expedite the R.I. Department of Health’s “certificate of need” process that caused pain-management company Pentec Health to stop treating its Rhode Island patients last year. more
A new study by the Mercatus Center at George Mason University shows that Rhode Island claims the lowest share nationwide of public-sector and federal contract jobs as a percentage of all nonfarm payroll jobs, with 14.3 percent of all jobs in the state falling in the public sector. more
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