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Rep. Joseph M. McNamara, D-Warwick, has introduced legislation designed to expedite the R.I. Department of Health’s “certificate of need” process that caused pain-management company Pentec Health to stop treating its Rhode Island patients last year. more
Kenneth B. Martin joined Santander Bank N.A. as director of commercial markets, the bank announced Thursday. Martin will oversee Santander’s New England commercial business relationships with revenues up to $500 million. more
U.S. Senate Democratic leaders said they would keep working to strike a compromise on reviving expanded jobless benefits, even as the chamber failed to advance the latest plan amid a partisan dispute over amendments. more
The Arcade Providence’s first microloft tenants moved in on New Year’s Eve, almost two years after owner Evan Granoff announced his $7 million plan to renovate the historic building known as one of the country’s first indoor shopping malls. more
An ISO New England auction held Feb. 3 to acquire an adequate power supply to meet consumer demand in 2017-18 fell slightly short, causing an increase in electricity prices that the grid operator said reflects the need for new energy resources in the region. more
The productivity of U.S. workers rose more than projected in the fourth quarter as the world’s largest economy expanded, helping to restrain labor costs. more
The Center on Budget and Policy Priorities has ranked Rhode Island’s policymakers 12th among the 50 U.S. states and the District of Columbia for the state’s use of sound fiscal planning to budget for the state’s future, the nonprofit think-tank announced Tuesday. more
Applications for U.S. unemployment benefits fell for the first time in three weeks as employers retained workers to meet demand. more
The announcement by Stephen Farrell, president and CEO of UnitedHealthcare of New England, at a meeting of the Health Insurance Small Employer Taskforce last week that United planned to open a private health insurance “exchange” is part of a broader trend both in New England and nationally. more
Bank of America Corp.’s $8.5 billion settlement with mortgage-bond investors will be delayed almost two weeks after American International Group Inc. and other objectors asked a judge for a hearing to address loan modifications excluded from the accord. more
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