Rhode Island Investment News

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…

2 months 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…

2 months 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…

2 months 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.…

2 months 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…

2 months 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 months 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 months 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 months ago

Rhode Island iGaming Sees Record Revenue Amid Sportsbook Decline

News Summary Rhode Island's iGaming sector has achieved a record high of $174.9 million in betting for March 2025, highlighting…

2 months ago

Rhode Island Faces Business Climate Challenges in 2025

News Summary Rhode Island is seeing a decline in business conditions, with a 1.2% year-over-year drop in the Citizens Business…

2 months ago