Rhode Island Investment News

Rhode Island Infrastructure Bank Approves Loan for Lead Pipe Replacement

News Summary The Rhode Island Infrastructure Bank has approved a $26.3 million loan to Providence Water to expedite the replacement…

1 week ago

Rhode Island FC Debuts at New Centreville Bank Stadium

News Summary Rhode Island FC held its inaugural match at the newly opened Centreville Bank Stadium on May 3, ending…

1 week ago

Joann Fabrics to Close 500 Stores Nationwide

News Summary Joann Fabrics has announced the closure of around 500 stores across the U.S., following recent Chapter 11 bankruptcy…

1 week ago

URI Receives $1.2 Million Grant for Biomedical Training

News Summary The University of Rhode Island (URI) has secured a $1.2 million grant from the U.S. Department of Labor…

1 week ago

Rhode Island Passes Comprehensive Data Privacy Law

News Summary Rhode Island has officially enacted the Rhode Island Data Transparency and Privacy Protection Act (RIDTPPA), making it the…

1 week ago

Massachusetts Lottery Sales Decline Amid Gaming Competition

News Summary In March 2025, Massachusetts lottery sales fell to $462.4 million, reflecting an 8.8% decrease from the previous year.…

1 week ago

Rhode Island Introduces $108.7 Million Broadband Initiative

News Summary Rhode Island has initiated a $108.7 million Broadband Equity, Access, and Deployment (BEAD) program to enhance internet access…

1 week ago

Rhode Island Energy Settles Fraud Case for $8 Million

News Summary Rhode Island Energy has settled a fraud case involving its predecessor, National Grid, for nearly $8 million. The…

2 weeks ago

Historic Waterfront Estate ‘Fowler’s Rocks’ Sells for $12.25 Million

News Summary Fowler's Rocks, a renowned waterfront estate in Jamestown, RI, has sold for a record-breaking $12.25 million, marking the…

2 weeks ago

Rhode Island Ranked Worst State to Start a Business in 2025

News Summary A recent WalletHub study has ranked Rhode Island as the worst state for startups in 2025, citing unfavorable…

2 weeks ago