Government
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An analysis of Rhode Island’s tax data, released Thursday by the R.I. Department of Labor and Training, showed more growth in the state’s private-sector employment during the fourth quarter of 2013 than originally estimated. After analyzing tax data from 32,000 businesses, the DLT now estimates the number of Rhode Island-based jobs for December to be 473,300 – 2,100 more than the original estimate of 471,200. more
A Rhode Island film company has secured a deal with Screen Media Films and Universal Studios to produce 10 new motion pictures – including the thriller “Almost Mercy,” currently in pre-production – for on-demand video release reaching more than 100 million households, according to a release from Gov. Lincoln D. Chafee’s office. more
Fitch Ratings has assigned a AA rating to Rhode Island’s $79.5 million in 2014 consolidated capital-development general-obligation bonds, the agency announced Wednesday. more
Royal Bank of Scotland Group PLC, Britain’s biggest government-owned lender, reached an agreement to end the U.K. Treasury’s dividend access share, bringing the company a step closer to paying dividends. more
Medicare paid almost 4,000 doctors and medical providers more than $1 million apiece in 2012, including seven who received more than $10 million. Eye doctors were among the highest compensated, including one Florida ophthalmologist who received $21 million. more
The owner of the vacant “Superman Building” at 111 Westminster St. downtown Wednesday proposed a new $39 million package of state assistance to renovate the tower. more
CVS Caremark Corp. and the Securities and Exchange Commission have reached an agreement to settle charges first made public in August relating to pharmacy benefits contracts and the accounting treatment of its 2008 purchase of Longs Drugs. more
The U.S. Justice Department has reached a settlement agreement with the state of Rhode Island resolving violations of the Americans with Disabilities Act and improving career opportunities for approximately 3,250 Rhode Islanders with intellectual and developmental disabilities. more
U.S. states took in 6.1 percent more revenue in fiscal 2013 than they did the year before for a record $846.2 billion, according to the Census Bureau. more
Rhode Island will receive $4.1 million in U.S. Housing and Urban Development grants to renew support for 36 local homeless housing and service programs in the state, HUD Secretary Shaun Donovan announced Tuesday. more
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