Updated June 30 at 11:30pm
Local News
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The R.I. Division of Taxation has approved Mosaico Business & Community Development Corp.’s restoration of the Bristol Industrial Park as the latest project to receive historic preservation tax credits. more
The R.I. Air National Guard has agreed to meet more stringent emissions standards and pay a $39,400 penalty to settle U.S. Environmental Protection Agency claims that it violated air pollution laws at its North Kingstown facility. more
The Tufts Health Plan Foundation has awarded more than $1.6 million in grants to 43 nonprofit organizations in Massachusetts and Rhode Island that focus on health aging. more
Providence Equity Partners LLC is scrapping a plan to sell Brazilian mobile-phone tower operator Grupo TorreSur after bids fell short of its expectations, people with knowledge of the matter said. more
The state government has renewed its contract with Rhode Island Interactive LLC to provide interactive online services through the RI.gov e-government portal, extending the agreement an additional three years. more
Bank of America Corp., the second-biggest U.S. bank, raised its quarterly dividend to 5 cents a share and dropped plans to buy back stock after the Federal Reserve approved its resubmitted capital plan for 2014. more
Kahn Litwin Renza & Co. Ltd. brought in more than $35 million in revenue for the fiscal year ended in December, earning the Providence firm a spot at No. 96 on Inside Public Accounting’s annual ranking of the largest 100 accounting firms in the U.S. more
Rhode Island’s plan to sell $594 million in debt backed by tobacco-company payments was challenged by OppenheimerFunds Inc., which claims the deal violates earlier bondholder rights to revenue related to a 16- year-old accord over health care related costs. more
Credit market trading is drying up, posing a threat to the stability of the financial system that regulators are ignoring, according to strategists at Royal Bank of Scotland Group PLC in London. more
Foreclosure starts in Massachusetts nearly doubled in June, according to The Warren Group’s report released Wednesday. more
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