Updated September 29 at 12:31am
Local News
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(Updated, 5:12 p.m.) The Securities and Exchange Commission on Monday filed charges against the R.I. Economic Development Corp. and its bond underwriter Wells Fargo Securities, alleging fraud that stems from a 2010 municipal bond offering to finance the now-defunct video game company 38 Studios LLC. more
ShapeUp Inc., a provider of wellness solutions focusing on fitness, is offering specialty programs such as stress management and sleep quality, through its new ShapeUp Select program. more
The newly established Heritage Harbor Foundation, the successor of Heritage Harbor Corp., has created a $3.6 million endowment to fund projects concerning Rhode Island history. more
(Updated 9:50 a.m.) Aquanis LLC, a startup developing a device to improve the efficiency of utility-scale wind turbines, will receive $200,000 from the Slater Technology Fund. more
Cranston’s Saletin Real Estate Group recently acquired Foxfield Plaza here for $5.5 million and is proposing to redevelop the 19-acre site at 369 Central St. into a mixed-use development called Forbes Crossing. more
The I-195 Redevelopment District Commission moved closer Monday to securing the sale of five acres of land for a biological sciences and mixed-use development. more
The R.I. Infrastructure Bank on Thursday announced $17.2 million in financing for energy efficiency and renewable energy projects in six Rhode Island communities. more
Twenty Rhode Island restaurants have been honored with Wine Spectator’s 2016 Restaurant Awards. more
New York University is suing a unit of FM Global for $1.47 billion in coverage, accusing the Johnston-based insurer of refusing to honor an insurance policy after Hurricane Sandy. more
(Updated 12:42 p.m.) Johnson & Wales University announced Thursday its new Center for Science and Innovation has been named after John J. Bowen, the school’s chancellor, in honor of the work he has done in that position. more
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