Updated October 4 at 10:04pm
Local News
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The Massachusetts Bay Transportation Authority has a maintenance backlog approximately $500 million greater than estimates offered last month and “unsustainable” operating budgets, the Boston Business Journal reported Wednesday. more
Rhode Island is one of the unfriendliest states when it comes to taxes, according to Kiplinger’s. more
Bell Helicopter is reviving its vision of finding a civilian market for an aircraft that takes off like a helicopter and cruises like a plane. more
Banco Santander SA raised its capital ratio target for a third time this year, as investors seek assurances the company is tackling a weakness that has weighed on its stock. more
Passenger traffic dropped slightly in August at T.F. Green Airport, with 51 fewer passengers compared with August 2014, R.I. Airport Corp. said Tuesday. more
A Dallas company that had proposed to develop private student apartments on a 1.25-acre parcel in the I-195 redevelopment district has withdrawn its interest, according to the redevelopment commission. more
Rachel Flum has been named executive director of the nonprofit Economic Progress Institute, replacing Kate Brewster, who is leaving to lead the Jonnycake Center in South Kingstown’s Peace Dale section. more
The Hispanic Heritage Foundation and CVS Health again will host the CVS Health LOFT forum for CVS leadership and top Latino students to discuss ways to diversify the health care field and better serve the Latino community. more
Polaris MEP is launching its All Access Bus Tour on Sept. 29 as part of its Rocket program to help the state’s small manufacturers reach new levels of profitability, job growth and efficiency. more
Brian Moynihan will keep his dual role as Bank of America Corp.’s chairman and CEO after shareholders voted to ratify governance changes made last year. more
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