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In November 1998, attorneys general from across the country sealed a historic deal with the tobacco industry to pay for the health care costs of smoking. Things haven’t exactly worked out as planned. more
The share of U.S. mortgages that are seriously delinquent fell to the lowest in six years as the job market improved, allowing borrowers to stay current on payments while higher home prices made it easier for others to sell. more
Fewer Americans filed applications for unemployment benefits last week, sending the average over the past month to an eight-year low, a sign the labor market continues to gain momentum. more
The R.I. Department of Labor and Training will continue offering a program in collaboration with the Center for Women & Enterprise to help unemployed Rhode Islanders start their own businesses. more
Rhode Island Mall owners Winstanley Enterprises LLC and Surrey Equities LLC plan to turn the 160,000-square-foot space into factory outlets in the style of Wrentham Village, slated to open in the fall of 2015. more
Bank of America Corp. is nearing a settlement with the U.S. Justice Department in which it will pay between $16 billion and $17 billion to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis more
Tech Collective, Rhode Island’s bioscience and IT industry association, has announced the four winners of its second annual Rhode Island Bioscience Awards. more
The maximum benefit rate for unemployment insurance will remain unchanged at $566 per week in fiscal year 2015, the R.I. Department of Labor and Training announced Wednesday. more
Imports dropped in June by the most in a year as the U.S. economy moved closer to energy independence, helping the trade deficit unexpectedly narrow. more
Three Rhode Island waterfront restaurants have been named among the top 100 scenic view restaurants in the country, based on more than 5 million restaurant reviews submitted as part of the OpenTable 2014 Diners’ Choice Awards. more
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