Updated June 26 at 11:27pm
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A federal grand jury indicted a 55-year-old Pawtucket businessman and three others charged with an alleged stolen identity and tax refund scam that targeted mostly Puerto Ricans and yielded $2.8 million. more
Aspen Aerogels Inc. has adjusted its full-year outlook after it was forced to idle some manufacturing equipment through the end of the month because its primary CO2 gas supplier curtailed its supply to the energy technology company. more
U.S. retail sales may increase as much as 4 percent this holiday season, less than last year’s gain, as shoppers’ wages remain stagnant, according to Deloitte LLP. more
Rhode Island has the 13th lowest obesity rate in the nation at 27 percent, and while it landed on the lower end of the scale for states, the obesity rate has climbed since 1990 when it was 10.1 percent. more
Volkswagen AG CEO Martin Winterkorn stepped down as the automaker became increasingly isolated amid a scandal over cheating on U.S. emissions tests. more
The Rhode Island Manufacturers Association will host a business networking reception on Sept. 24 in celebration of Rhode Island Manufacturing Week and Manufacturing Day. more
The Massachusetts Bay Transportation Authority has a maintenance backlog approximately $500 million greater than estimates offered last month and “unsustainable” operating budgets, the Boston Business Journal reported Wednesday. more
Rhode Island is one of the unfriendliest states when it comes to taxes, according to Kiplinger’s. more
Bell Helicopter is reviving its vision of finding a civilian market for an aircraft that takes off like a helicopter and cruises like a plane. more
Banco Santander SA raised its capital ratio target for a third time this year, as investors seek assurances the company is tackling a weakness that has weighed on its stock. more
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