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MetLife wins extension to resubmit Fed capital plan
MetLife Inc., the largest U.S. life insurer, got more time to submit a fresh capital plan to the Federal Reserve after attempts to lift its dividend and resume buybacks were twice thwarted by the regulator. more
Hart named CEO of Narragansett Bay Insurance
Narragansett Bay Insurance Co. has named Todd Hart - right - its new CEO, replacing company founder Nick Steffey - left - who will continue on as executive chairman. more
| 6/19/12
University Medicine expands PCMH model
University Medicine has entered into an agreement with Blue Cross & Blue Shield of Rhode Island to roll out its patient-centered medical home model to six more of its practices, BCBSRI announced Monday. more
| 6/18/12
Labor Dept. cuts state’s extended unemployment benefits
Rhode Island no longer qualifies for the State Extended Benefits unemployment insurance program, the U.S. Department of Labor told the R.I. Department of Labor and Training on Monday. more
Providence entrepreneur named youngest Echoing Green fellow
Khalil Fuller, CEO of NBA Math Hoops, was named the youngest Echoing Green fellow in the fellowship’s history. more
Pump prices drop another 6 cents in R.I.
Rhode Island’s gasoline price dropped 6 more cents this week in the ninth consecutive week of declines, according to AAA Southern New England. more
| 6/18/12
UMass president awards $750k for faculty research
Brian Howes, professor at the University of Massachusetts Dartmouth’s School of Marine Science and Technology was awarded $90,000 from UMass president Robert L. Caret’s Science and Technology Initiatives Fund. more
| 6/18/12
38 Studios claims state withheld funds from ‘negotiated deal’
Former Red Sox pitcher Curt Schilling’s bankrupt video game company, 38 Studios LLC, claimed that the state of Rhode Island refused to honor a “fully negotiated deal and agreement” to give the company funding from film tax credits, reported The Boston Globe. more
| 6/18/12 | 1 comment
Oil falls in New York on European debt concern after Greek poll
Oil dropped in New York as rising Spanish borrowing costs pushed the dollar higher, adding to concern that Europe’s debt crisis will curb crude demand. more
Chafee to allow amended hospital bill to become law
Gov. Lincoln D. Chafee announced Friday afternoon that he would allow the legislation changing the Hospital Conversions Act to become law without his signature. more
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