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The publicly congenial competition between Rhode Island’s Deepwater Wind and Massachusetts’ Cape Wind to launch the first U.S. offshore wind farm and attract spinoffs is intensifying as both energy companies flaunt contracts for the production of wind turbines. more
With the Dec. 31 deadline looming, Rhode Islanders continued to enroll at HealthSourceRI.com, with the total number of new private plan enrollees (including those who have not yet paid) reaching 9,803 since the website went live on Oct. 1. more
President Barack Obama is offering more Americans the chance to put away money for retirement through payroll deductions with a plan for new government-sponsored savings accounts. more
Nearly 1,616 new business entities registered with the Secretary of State’s Business Services Division in the fourth quarter of 2013, pushing the total number of new business formations for the year to 7,199, the secretary’s office announced Friday. more
The last three days of December saw 1,502 more Rhode Islanders enroll in private health plans through HealthSource RI, the state’s federally mandated health benefits exchange. more
Up until the last five years, only a few cities in the world were home to their own for-profit startup accelerators and even fewer could offer evidence of whether the entrepreneurial boot camps would prove sustainable or lucrative. more
Bank of America Corp., Citigroup Inc. and Credit Suisse Group AG were among 16 of the world’s biggest banks sued by the U.S. Federal Deposit Insurance Corp. for allegedly manipulating the London interbank offered rate from 2007 to 2011. more
At an award ceremony held Tuesday, North Smithfield Town Administrator Paulette Hamilton accepted $7,500 and three commemorative street signs on behalf of the town as Rhode Island’s first municipality to complete the Rhode Island Energy Challenge, a community campaign jointly managed by National Grid and the nonprofit SmartPower to promote household energy efficiency. more
Environmental and regulatory leaders in Rhode Island said the state needs to step up its awareness of climate change and sea level rise, develop plans to deal with them, and then begin implementing them. more
In the face of declining enrollment, Rhode Island’s aging school buildings are costing the state a lot of money to maintain, and could cost even more to fix, state education officials told lawmakers Tuesday. more
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