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BankRI parent sets aside $4.2M for losses tied to 38 Studios
Brookline Bancorp Inc., the parent company of Bank Rhode Island announced on Thursday it has set aside $4.2 million to cover possible losses from two business loans BankRI issued shortly after Brookline bought the bank in January. more
GTECH revenues surge 24% in 2Q
Lottomatica Group S.p.A. reported a 24 percent surge in revenue during the second quarter for its Providence-based subsidiary GTECH Corp. more
Division of Taxation mandates e-filing
Tax return preparers will be penalized if they fail to electronically file tax returns in the filing season starting Jan. 1, 2013, according to the R.I. Division of Taxation. more
Mollis urges nonprofits to use online filing tool
Secretary of State A. Ralph Mollis is reminding Rhode Island's more than 7,900 nonprofit corporations that they can beat the state’s July 30 deadline for submitting annual reports by filing online at www.sos.ri.gov. more
R.I. buildings enter energy competition
More than 3,200 buildings across the country, including 22 from the Ocean State, are competing in the U.S. Environmental Protection Agency’s 2012 National Building Competition: Battle of the Buildings. more
Judge lifts stay, allows Landmark suit against Blue Cross to proceed
Superior Court Judge Michael A. Silverstein lifted his stay today, allowing the lawsuit against Blue Cross & Blue Shield of Rhode Island by Landmark Medical Center to move forward – at least as far as an Aug. 30 hearing on the merits. more
DEM, DEP coordinate to reduce stormwater pollution
PROVIDENCE – Rhode Island’s Department of Environmental Management and the Massachusetts Department of Environmental Protection have announced a partnership to help communities reduce stormwater … more
| 7/24/12
RITBA pardons E-ZPass fines on Pell Bridge
The R.I. Turnpike and Bridge Authority decided last week to pardon drivers who use the newly open road lanes on the Claiborne Pell Bridge without an E-Z Pass. more
Schilling-bond refunding hastened by lowest yields
The lowest municipal yields in a generation may help Rhode Island cut the cost of repaying $75 million it borrowed to lure former Boston Red Sox pitcher Curt Schilling’s now-bankrupt videogame company from Massachusetts. more
Treasury yields slide to records as Europe spurs bid for safety
Treasuries climbed, with five-, 10- and 30-year yields sliding to records, as concern mounted that Europe’s debt crisis is worsening and before reports this week forecast to show U.S. growth cooled. more
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