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Three stories about three chefs for a summer’s day: more
PROVIDENCE – Fitch Ratings last week assigned an “AA+” rating to two Massachusetts general obligation bonds totaling $400 million. more
U.S. consumers may well remember the days, pre-2012, when shopping for an airline ticket was complicated by the airlines’ favored pricing scheme. Back then, an advertised $240 fare might suddenly turn out to be a $300 fare, given that taxes account for roughly 20 percent of the average domestic U.S. airfare. Passengers hated the system while the airlines – which hate price-comparison shoppers, because they drive down prices – embraced it. Fortunately, in 2012, the Department of Transportation imposed a rule requiring that the airlines advertise fares inclusive of the base fare, taxes and fees. Yet, notably, the rule didn’t prohibit the airlines from publishing the taxes and fees separately; it just required that they do so less prominently than the advertised, fully inclusive fare. The airlines, incensed at this pro-consumer bit of rulemaking, have been trying to overturn it ever since. more
When I wrote recently about the joys of the 15-year mortgage, I got the same reaction from a lot of people: “Why would you repay a loan when at these low rates, it’s practically free money?” more
Providence’s Federal Hill has an international reputation for fine dining and foodie retailing. It is a year-round feast celebrating not just Rhode Island’s Italian-American cuisine and culture, but those from subsequent waves of immigration. more
Word that Cape Wind LLC has joined Deepwater Wind LLC in signing an option to lease land at the Quonset Business Park is welcome news. Both projects, despite continuing legal challenges, are moving toward fruition of their ambitious plans to put industrial-scale wind farms in the Atlantic Ocean off the coasts of Rhode Island and Massachusetts (as well as the five-turbine demonstration project off Block Island that Deepwater Wind is nearly completely permitted for). more
Sean Cottrell has been promoted to vice president of Insurance Professionals of New England, a division of Starkweather & Shepley. more
Hilda D. Barbosa has been promoted to assistant enterprise manager at Starkweather & Shepley Insurance Brokerage Inc. Barbosa holds an AAI and CPIA certification and she has been with the company for more than 35 years. more
Tricia Hebert has joined Rhode Island Housing’s Help Center as its alternative lending manager. more
Scott Van Winter, senior vice president and general manager of the Lumirror Division at Toray Plastics Inc. has joined the company’s board of directors. more
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