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BofA among banks sued by Schwab over alleged Libor manipulation
Charles Schwab Corp., whose antitrust claims against banks over manipulation of the London interbank offered rate were tossed from federal court in New York, sued Bank of America Corp. and other financial institutions for fraud in state court in San Francisco. more
Brown launches community impact initiative
On Wednesday, Brown University celebrated the launch of its new TRI-Lab community impact initiative, a campaign designed to “bring together students, faculty and community organizations to tackle pressing social issues. more
| 4/3/13
Regional consumer prices rise 1.8% in December
The Consumer Price Index in the Northeast rose 1.8 percent over the last 12 months to 246.5 in December, according to a report from the U.S. Bureau of Labor Statistics. more
| 1/16/13
Hasbro’s Hub Network posts 16th consecutive month of gains
Hub Network, a multi-platform joint venture between Hasbro Inc. and Discovery Communications, has posted its 16th consecutive month of gains, Hasbro announced Wednesday. more
| 5/1/13
Natural gas rises to 17-month high as cold snap extends to April
Natural gas climbed to its highest price in almost 17 months in New York on speculation that a cold start to spring will buoy demand for heating fuels. more
Providence named Mayors Challenge winner, awarded $5M
Providence was named the grand prize winner of the inaugural Bloomberg Philanthropies’ Mayors Challenge, a competition designed to inspire American cities to generate innovative ideas that solve major challenges and improve city life. more
| 3/13/13
American dream eluding under 40s with student debt
Luke Nichter of Harker Heights, Texas, said he’s not a renter by choice. The Texas A&M University history professor’s $125,000 of student debt means he has no hope of getting a mortgage. more
R.I. ranks 23rd in U.S. for competitiveness
Rhode Island was awarded a No. 23 ranking in the nation in the Beacon Hill Institute at Suffolk University’s 2012 State Competitiveness Report Thursday, helped by a No. 5 ranking for technology and a No. 7 ranking for security. more
2 from R.I. score in National Energy Star Building Competition
Two buildings in Rhode Island – Raymour & Flanagan Furniture in East Greenwich and Pocasset Bay Manor in Johnston – were judged some of the best in New England in the National Energy Star Building Competition, the U.S. Environmental Protection Agency announced. more
| 4/24/13
Nortek reverses 2011 results, posts 2012 profit
Despite taking a $6.4 million pre-tax loss from the retirement of debt, Nortek Inc., the maker of residential and commercial building products, posted net income of $9.5 million in 2012, reversing its loss of $55.9 million in the previous year. more
| 3/14/13
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