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Harvard University received a record donation of $350 million for its public health school from the family foundation of real estate developers Gerald and Ronnie Chan of Hong Kong-based Hang Lung Group Ltd. more
Democrat Gina Raimondo focused her campaign for Rhode Island’s governorship on turning around the New England state’s ailing economy by reviving factories that were once a fount of middle-class jobs. more
Staples Inc., the world’s largest office-supply chain, said it can’t yet “reasonably” estimate the potential losses and expenses it will incur in connection with the possible credit-card data breach disclosed last month. more
Banco Santander SA, Spain’s biggest bank and parent of Santander Bank, agreed to buy Canadian car-financing company Carfinco Financial Group Inc. for about C$298 million ($269 million). more
A $75 million federal Race to the Top grant has enabled Rhode Island to complete initiatives ranging from refining teacher evaluations to implementing user-friendly data systems, according to a report issued by the education commissioner late Monday. more
Passenger traffic at T.F. Green Airport declined for the eighth consecutive month in August, registering 332,246 travelers, a drop of 6.85 percent compared with August 2013, according to the latest report released by the R.I. Airport Corporation. more
“Frozen” is still hot. Two toys based off Walt Disney Co.’s hit animated film made Adventure Publishing Group’s Toy Insider Hot 20 list released today, making it the only entertainment property with multiple items on the roster. more
Rhode Island gas prices hit their lowest point this year after dropping another 5 cents over the past week, according to the weekly gasoline survey by AAA Southern New England. more
A $1.7 million federal grant has been awarded to the Newport County Development Council to help establish a technology business incubator to foster startups, creating more than 100 jobs. more
Mayor-elect Jorge Elorza has filled three key positions in his administration, naming Tony Simon chief of staff, Brett Smiley chief operating officer and Rep. Grace Diaz senior adviser on community relations. more
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