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Towerstream Corp. posted a $6.2 million, or 9 cents per share, net loss during the three months ended June 30, widening by 30.9 percent the $4.8 million, or 9 cents per share, loss reported for the second quarter of 2012. more
The U.S. economy expanded more than estimated in the second quarter, providing evidence that growth is picking up as the nation overcomes the effects of federal tax increases and budget cuts. more
On Sept. 11, 2001, Howard Lutnick, the chief executive of Cantor Fitzgerald LP, lost 658 employees, including his brother, at the World Trade Center. more
Housing, social service and defense industry leaders will join Rhode Island’s U.S. Senate delegation Wednesday for a roundtable discussion on the local impacts of federal spending cuts known as sequestration. more
The Securities and Exchange Commission has announced enforcement actions against 23 companies, including New York-based D.E. Shaw Group, which has investments in Rhode Island. more
Citing “strong response from worldwide gaming developers and investors,” Heritage Global Partners announced Wednesday that the auction of 38 Studios’ intellectual property assets originally scheduled for Nov. 13-14 has been postponed until Dec. 11. more
Seven of the 30 young artists and designers recognized on the annual Forbes 30 Under 30 list announced Monday are alumni of the Rhode Island School of Design. more
Four hospitals in Rhode Island will receive an additional $5.75 million in Medicare payments, the state’s congressional delegation announced Wednesday. more
Statistics released today by the Census Bureau present a portrait of a stagnant economy with poverty remaining high and incomes sluggish four years into the recovery from the worst slump since the Great Depression. more
Voters in Plainville, Mass., voted Tuesday to support Penn National Gaming’s plans to open a slots parlor at the Plainridge Racecourse, Boston.com reported. more
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