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Starkweather & Shepley Insurance Brokerage Inc. ranked No. 69 in Business Insurance Magazine’s Top 100 List of Insurance Brokerages for 2014, moving up two places from its ranking last year at No. 71. more
U.S. stocks joined a global selloff, sending the Standard & Poor’s 500 Index toward its first monthly drop since January, as Exxon Mobil Corp. to Micron Technology Inc. tumbled amid weaker corporate results. more
(Updated, Aug. 4, 3:45 p.m.) GateHouse Media will not honor the collective bargaining agreements negotiated between the Providence Journal and A.H. Belo Corp. and may lay off as many as 40 Journal employees upon its purchase of the paper who will be covered by Belo’s severance policy, according to an asset purchase agreement filing with the U.S. Securities and Exchange Commission. more
GTECH S.p.A. on Thursday reported second-quarter net income of 65.6 million euros ($89.9 million based on the exchange rate of $1.37 per euro on June 30), a 9 percent decline compared with the €72.1 million ($98.8 million) income for the same period last year. more
Nearly 500 members of the local business community attended the 10th Anniversary celebration of Providence Business News’ 40 Under Forty awards program on Thursday, July 24, at Salve Regina University’s Ochre Court in Newport. more
Brookline Bancorp, Inc., parent company of Bank Rhode Island, posted earnings of $10 million for the second quarter of 2014, an increase of 5.1 percent over net income of $9.5 million in the second quarter of 2013. more
Save The Bay is urging the Coastal Resources Management Council to require property owners in Matunuck to remove shoreline walls that it claims were illegally installed in the past several years. more
Rhode Island’s foreclosure rate dropped in June to 1.9 percent, compared with 2.5 percent a year earlier, according to a report released Thursday by real estate data firm CoreLogic. more
Bank of America Corp. is nearing a settlement with the U.S. Justice Department after raising its proposed offer to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis, according to people familiar with the talks. more
As part of the long-term recovery effort following the landfall of Hurricane Sandy, the U.S. Bureau of Ocean Energy Management and the state of Rhode Island are collaborating to evaluate sand resources for coastal resilience and restoration planning. more
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