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RBS refuses to turn over data to Canadian regulators
Citizen Bank parent the Royal Bank of Scotland is one of more than 10 banks under scrutiny from authorities in a rate-rigging scandal and is refusing to turn over information to Canadian regulators, according to The New York Times. more
| 7/17/12
EPA amends Woonasquatucket River site cleanup
The U.S. Environmental Protection Agency has issued an amendment to the proposed cleanup plan for the removal of dioxin at the Centredale Manor superfund site in North Providence. more
Transportation first study for new office
The new Office of Management and Budget will conduct a study of the state’s transportation programs, Gov. Lincoln D. Chafee announced Monday afternoon at a RIPTA board meeting. more
Morgan to leave EDC
Susan Morgan, the chief financial officer of the R.I. Economic Development Corporation, will be leaving the quasi-government organization, EDC spokeswoman Judy Chong told Providence Business News on Monday afternoon. more
| 7/16/12
Moody’s calls shared services task force a ‘credit positive’
Moody’s Investors Service – a globally recognized rating company – called the shared services task force created between Pawtucket, Central Falls and East Providence by Gov. Lincoln D. Chafee a ‘credit positive.’ more
RIDE names 29 schools in need of intervention
Twenty-nine Rhode Island schools have been identified as in need of intervention under the RI Department of Education’s 2012 School Classifications released Friday. more
Revised Bay State data shows job growth in 2011
Due to an analysis of new Massachusetts payroll employment data, MassBenchmarks estimates that the Bay State saw job growth of 1.2 percent between December 2010 and December 2011, compared compared with the 0.3 percent growth originally reported by the U.S. Bureau of Labor Statistics. more
| 7/13/12
Wampanoag casino deal most lucrative in U.S.
The 21.5 percent share of revenue Massachusetts will earn from a casino built by the Mashpee Wampanoag Tribe is the most any state has ever negotiated with an American Indian Tribe, according analyst Clyde Barrow. more
| 7/12/12
Exporters to gain from Russian trade legislation
Rhode Island exporters stand to gain from a growing Russian market, according to Business Roundtable. more
| 7/12/12
Woonsocket lands $50K NEA grant
The National Endowment for the Arts is awarding a $50,000 “Our Town” grant to Woonsocket to help boost the city’s Main Street and Arts District and bolster economic development and education through the arts, U.S. Sen. Jack Reed announced late Wednesday. more
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