RI BUSINESS

Casino operator Bally’s to be acquired by hedge fund in $4.6b deal

Standard General, a hedge fund that owns more than a quarter of the sports betting and casino operations at the company, will buy Bally’s for $18.25 a share 9:14 a.m.

RI BUSINESS

Hasbro shares surge on profit beat, digital gaming strength

Hasbro Inc. shares jumped this week after the company beat expectations in the second quarter thanks to strong performance of its digital games. 9:02 a.m.

RI FOOD & DINING

In Providence, a new bar honors both its neighborhood’s history and its owners’ heritage

LOMA, a mini lounge that fits just 25 people at a time, will play Latin jazz and salsa from the 1960s and emphasize low-ABV and zero-proof cocktails. 9:52 a.m.

RI BUSINESS

Rhode Island home prices hit a median sale price of nearly $500k

The nearly 12 percent increase over June 2023 is another indicator that Rhode Island’s housing crisis is at a tipping point. 9:22 a.m.

RI ENVIRONMENT

Supporters and opponents square off over seawall R.I. country club built without permission

The Quidnessett Country Club is asking R.I. coastal regulators to reclassify waters near its golf course, but critics say the club is simply trying to change the rules after building a seawall without permission. 7:51 p.m.

EPA announces $4.3 billion in funding for 25 climate projects

The Environmental Protection Agency announced $4.3 billion in funding on Monday for 25 new projects proposed by states, tribes, local governments, and territories to tackle climate change. The funding could reduce greenhouse gas emissions by as much as 971 million metric tons by 2050, or roughly the emissions of 5 million homes over 25 years, according to the agency. 7:46 p.m.

INNOVATOR Q&A

Rhode Island doctors have developed an app that can diagnose anemia

Three Rhode Island emergency medicine physicians have pioneered a noninvasive way to diagnose anemia by uploading photos of a person’s inner eyelid to an iPhone app. 6:00 a.m.