Updated March 4 at 7:04pm
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Kickstarter, the service whose name has become synonymous with crowdfunding, has simplified its rules and will cut down on vetting projects. This controversial move is designed to reinforce a truth the current money-oriented startup community keeps forgetting: If an idea is crazy and unfeasible, that doesn’t mean it shouldn’t be funded. more
In the hoopla over whether Thomas Piketty’s data on growing global inequality are correct, an important question about how to address the problem has been obscured. Piketty describes his own global wealth-tax idea as more of a “useful utopia” than a practical policy suggestion. Is there anything more plausible that can be done? more
Meeting face to face is a critical element in building relationships, so some banks, including Bank of America and Savings Institute Bank & Trust, are expanding the use of videoconferencing to maintain one-on-one conversations among employees in different locations and to offer customers an opportunity to meet with specialists, such as mortgage loan officers. more
Director of general surgery at Roger Williams Medical Center talks about his weight-loss surgery work. more
Royal Bank of Scotland Group PLC, Britain’s largest taxpayer owned bank, has given “unacceptable” returns to shareholders, CEO Ross McEwan said. more
Banks stand to lose as much as $4.5 billion in annual revenue as regulations aimed at improving financial stability alter how interest-rate swaps are bought and sold, according to a report from McKinsey & Co. more
U.S. stocks fluctuated, with the Standard & Poor’s 500 Index poised for a weekly drop, as DuPont Co. slid after cutting its earnings forecast while utilities and consumer shares led gains. more
General Treasurer Gina Raimondo said last week that it would be “catastrophic” for Rhode Island to lose the legal challenge over the state’s pension overhaul, The Associated Press reported. However, she has a ‘‘high degree of confidence’’ that won’t happen. more
Gov. Deval L. Patrick this month announced an economic-development package that extends business incentives to innovative companies, invests in the state’s Gateway Cities program and provides other workforce-training tools. more
Business owners and entrepreneurs are notorious for working long, hard hours to grow their companies. But what if you could accomplish more, in less time? In many cases, an excessively long and tyrannical “to-do” list is only part of the problem. The other part may simply be you and the patterns you’ve established over time. more
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