Updated June 26 at 11:25am
Government
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The United Kingdom’s exit from the European Union is creating a lot of losers: London’s finance industry. British Prime Minister David Cameron. The pound. The grand cause of European integration. more
President Barack Obama said Friday that the U.S. respects the decision of U.K. voters to leave the European Union, and that the “special relationship” between the countries would endure. more
Orders for U.S. business equipment unexpectedly declined in May by the most in three months, pointing to weakness in investment even before the likely damage to confidence stemming from U.K. voters’ decision to leave the European Union. more
PROVIDENCE – Three days after Gov. Gina M. Raimondo meets with Burrillville residents on July 18, the Office of Energy Resources will host another public meeting on the natural-gas power plant proposed for Burrillville. The July 21 … more
Rhode Island lawmakers approved one bill this session concerning gun control, a measure that strengthens the process to compel people convicted of domestic violence to relinquish their guns within 24 hours. Left unapproved were a host of … more
Another budget season, another late night/early morning at the Statehouse. What did we learn? n Business-friendly programs proposed by the governor were retained (or augmented), from dropping the minimum corporate tax to $400 from $450, to … more
Between the world-class culinary education offered at Johnson & Wales University, the growing farm-to-table movement, the increasing number of food-production startups and stalwarts, and of course, stellar restaurants, Rhode Island is deeply engaged … more
Once again, an independent study by the Lincoln Institute has found that Providence's commercial property tax rates are among the highest in the country ("Report: Providence has third-highest commercial property tax rate in nation," June 15, 2016). … more
The Federal Reserve’s stress tests of big banks found all 33 have enough capital to withstand a severe economic shock, though Morgan Stanley trailed the rest of Wall Street in a key measure of leverage. more
Bank of America Corp. admitted to wrongdoing in settling a U.S. regulator’s allegations that it misused billions of dollars in customer funds to finance trades that benefited the firm. more
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