Government
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Bank of America Corp. agreed to pay $7.65 million to settle U.S. regulatory claims that it overstated its capital by billions of dollars after failing to report losses tied to its 2009 purchase of Merrill Lynch & Co. more
The R.I. Department of Revenue showed that August’s total general revenues increased 4 percent compared with the same period last year. more
New England Institute of Technology has received a $2.5 million federal grant to support training programs on shipbuilding, marine trades, advanced manufacturing and manufacturing industries. more
The first permanent structure to rise from Providence’s Interstate 195 lands almost certainly won’t be a new office or apartment building, but the long-planned pedestrian bridge crossing the Providence River. more
BOSTON – Gov. Deval L. Patrick announced that Nanobiotix, a clinical-stage nano-medicine company pioneering new approaches for the local treatment of cancer, will open its first U.S. office in the Massachusetts capital, according to a statement from his office. more
The U.S. Federal Housing Administration started selling distressed loans in 2012 to help communities hit hard by foreclosures while also reducing losses to its taxpayer-backed insurance fund. more
The R.I. Department of Labor and Training wants people to see it as a re-employment agency, rather than the place to collect unemployment benefits, says DLT Director Charles J. Fogarty. more
Do you think you’d have a better chance to qualify for a home mortgage if negative items in your credit files were erased in four years rather than the current seven? more
NEWPORT – Newport residents fighting the proposed expansion of gambling at Newport Grand have sued the state to block the Nov. 4 referendum, calling it “unconstitutional,” The Associated Press reported last week. more
PROVIDENCE – Gov. Lincoln D. Chafee and R.I. Department of Labor and Training Director Charles J. Fogarty last week announced the approval of the state’s fourth nontraditional apprenticeship program, this one targeting the construction industry. more
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PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
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