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TD Bank NA, which lost electronic files containing information for as many as 260,000 customers in 2012, agreed to pay $850,000 to settle a multistate probe into the security breach, New York’s attorney general said. more
Gov. Lincoln D. Chafee and R.I. Director of Revenue Rosemary Booth Gallogly on Tuesday appointed a receiver for the Central Coventry Fire District as the district prepares to liquidate its assets later this month. more
Deepwater Wind LLC has announced it will develop the West Coast’s first offshore wind farm roughly 15 miles off Coos Bay, Ore., which could also become the world’s first commercial project to use floating foundation technology. more
Bank of America Corp.’s gaffe on U.S. stress tests has meant “tough consequences” for investors, CEO Brian T. Moynihan said Wednesday as his staff and directors regrouped to figure out what went wrong. more
Nordic Technology Group, a company that has developed software that uses 3-D motion sensors to identify and alert caregivers to changes in patients’ behavior, was named the top winner in the 2014 Rhode Island Business Plan Competition at a live event held Thursday at The Garage. more
GTECH UK Interactive Ltd., a wholly owned subsidiary of GTECH S.p.A., announced Friday that it has completed its £18 million ($29 million) acquisition of Probability PLC, a mobile gaming company based in London. more
The Northeast regionally Consumer Price Index rose 1.6 percent on a non-seasonally adjusted basis during the 12 months ended in April, a less significant increase than the 2 percent jump in consumer prices nationally, according to a report from the U.S. Bureau of Labor Statistics. more
Rhode Island’s troubled labor market continued to impede momentum that in March had otherwise improved across several economic sectors, according to the Current Conditions Index report released Monday by University of Rhode Island economist Leonard Lardaro. more
The Providence College Corporation has offered a third five-year term to Providence College President Rev. Brian J. Shanley, beginning July 1, 2015. Shanley’s current term is set to expire on June 30, 2015. more
GTECH S.p.A. saw its total revenue decline 2 percent to €781.3 million ($1.08 billion based on the exchange rate of $1.38 per euro on March 31) during the first quarter of 2014, compared with €797.5 million ($1.1 billion) for the same period a year earlier. more
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