Updated June 29 at 5:29pm
Local News
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A 96-unit development in Burrillville is among the initial beneficiaries of a commitment by the nonprofit organization Local Initiatives Support Corp. to direct $25 million to grants, loans and equity investments in affordable housing. more
After a decade as CEO of Tufts Health Plan, James Roosevelt Jr. is stepping down effective Jan. 1, 2016. Roosevelt will be succeeded as CEO by current president and chief operating officer, Tom Croswell. more
Gov. Gina M. Raimondo will join community partners Friday to highlight a new initiative made possible through the state’s Health Equity Zone grants. more
The IMF warned officials to protect their financial systems from possible instability as the U.S. Federal Reserve prepares to raise interest rates, saying shocks or policy missteps risk derailing the global economy and triggering equity market sell-offs. more
Amgen Inc. and Sanofi, competitors in the market for a new class of cholesterol-fighting drugs, will both have their medications covered by Express Scripts Holding Co., a decision that ends weeks of uncertainty over whether the benefits manager would cut an exclusive deal to cover only one in exchange for big discounts. more
The rout that swept through asset classes, taking oil below $30 a barrel and European and Asian stocks into bear markets, is pushing up gauges of investor stress around the world. more
R.I. Commerce Corp. has launched a website focused on developing the Latino business community in Rhode Island. more
One month after slowing down, an economic index for the Ocean State ticked up in August, according to PBN and e-forecasting.com, the co-producers of the Rhode Island Leading Economic Indicator Index. more
Consumer sentiment climbed more than forecast in October as lower-income Americans projected wage gains will accelerate and falling energy prices helped stretch paychecks. more
The Boston Globe is offering another round of buyouts to newsroom employees, according to the Boston Business Journal and media industry blogger Jim Romenesko, which both obtained a memo from Globe Editor Brian McGrory to the staff. more
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