Updated March 29 at 4:29pm
Local News
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The Rhode Island Black Business Association has announced the five winners in its 2016 Business Awards Program, who will be recognized in October at the organization’s fifth annual gala at the Omni Providence Hotel. more
Of all the Travel + Leisure lists to show up on, this is not the best. Providence was rated No. 13 on the travel magazine’s list of America’s Rudest Cities. But at least it wasn’t Boston, which came in at No. 7 in this most recent release based on T&L’s America’s Favorite Places reader survey. more
Brown University retained its No. 8 ranking in the latest version of Forbes’ list of “America’s Top Colleges,” released earlier this week. more
(Updated, 5:15 p.m.) Nortek Inc., maker of commercial and residential air circulation and technology products for home and office, has agreed to be acquired by Melrose Industries PLC for $86 per share, which translates into a rough enterprise value of about $2.8 billion. more
Federal Reserve Governor Daniel Tarullo said inflation and unemployment haven’t reached levels that would justify an increase in interest rates, even without risks from Britain’s vote to leave the European Union. more
American service providers expanded in June at the fastest pace in seven months on stronger orders and sales that signal a healthy U.S. economy. more
(Updated, 6:15 p.m.) Ventas Inc., a real estate investment trust with more than 1,300 properties, has announced its intention to purchase substantially all of the assets of Wexford Science & Technology LLC. more
The U.S. Department of Housing and Urban Development announced Wednesday more than $1.98 million in grants to Rhode Island Housing to renew support for the Sunrise Project and New Transitions programs, which assist low-income people living with HIV/AIDS and their families. more
According to Goldman Sachs Group Inc., now is not the time to buy stocks. The firm says it expects there to be a pullback of as much as 10 percent in the S&P 500 before it makes a comeback to 2,100 later this year. more
Andrew Bramson has been named the new president and CEO of The College Crusade of Rhode Island, effective July 1, 2016, the organization’s Board of Directors announced Wednesday. more
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