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Alex and Ani to open professional development center
Jewelry designer Alex and Ani LLC will open a professional development center in a Weybosset Street building it has purchased. The location will also house a new retail location will open in late August, CEO Giovanni Feroce told Providence Business News. more
Mass. posts job loss for first time in 7 months
Although the Massachusetts unemployment rate remained at six percent in June, the state’s economy posted its first job losses since November, reported The Boston Globe. more
| 7/19/12
Providence firm designs for London Science Museum
Tellart – a design firm founded and headquartered in Providence – teamed up with Google Creative Lab to develop Web Lab, an interactive exhibit at London’s Science Museum. more
RISD to double payments to Providence
The Rhode Island School of Design will more than double its annual payments to the city, contributing $2.75 million over 11 years in addition to payments made under an existing agreement, the city announced Thursday. more
Textron posts $10.7% rise in 2Q revenue
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems - reported a 10.7 percent increase in its second quarter 2012 revenue when compared with the same 2011 period. more
Americans hold dimmest view on economic outlook since January
The most Americans in six months said the economy in July was getting worse, indicating the slowdown in hiring is dimming moods as the third quarter begins. more
Blue Cross adds new product for large group market
A new health insurance product called VantageBlue was announced Wednesday by Blue Cross & Blue Shield of Rhode Island. The health plan is being targeted at the large group market of employers in Rhode Island with more than 50 employees, according to Blue Cross officials. more
Alex and Ani purchases Sakonnet Vineyards
(Updated, 2 p.m.) In a move that represents a “major re-investment in the local economy,” Alex and Ani LLC has purchased Sakonnet Vineyards in Little Compton, the jewelry designer announced Thursday. more
| 7/19/12
Coastal Medical receives $2.4M for shared savings ACO
Coastal Medical, Rhode Island’s largest primary care group practice, will receive $2.4 million in an advanced payment as part of its Medicare Shared Savings Accountable Care Organization, or ACO, the Centers for Medicare and Medicaid Services announced Wednesday. more
Veterans Workshop lands $25K from Michigan nonprofit
Veterans Workshop, a veterans charity located in Rhode Island, has landed $25,000 from Rochester Hills, Mich.-based nonprofit Others First. more
| 7/18/12
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