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Corporate e-filing nearly doubles in 2013
The number of Rhode Island companies filing corporate tax returns electronically so far this year has risen to 71 percent, nearly double the figures during the same point in 2012, R.I. Tax Administrator David M. Sullivan said Friday. more
| 3/29/13
War College Museum earns spot on ‘Most Amazing University Museums’ list
The U.S. Naval War College Museum in Newport was one of six university museums in the United States to make college ranking website Best Colleges Online’s list of the “30 Most Amazing University Museums,” the publication said Wednesday. more
| 5/8/13
R.I., Calif.: top jobless rates in January
Rhode Island and California posted preliminary, seasonally adjusted unemployment rates of 9.8 percent in January, the highest in the nation and significantly higher than the U.S. figure of 7.9 percent. more
| 3/18/13 | 2 comments
Taveras proposes 3.3% budget hike for fiscal 2014
PROVIDENCE – Property-tax rates for homeowners would rise with rates for businesses holding flat under a $663 million fiscal 2014 budget proposed by Mayor Angel Taveras Thursday. The spending … more
Wash Trust: record profit in ’12
Washington Trust Bancorp Inc., parent of The Washington Trust Co., posted record earnings of $35.1 million for 2012, an 18 percent increase in net income compared with $29.7 million in 2011. more
RBS units to pay $13.9M over U.S. banking violations
Royal Bank of Scotland Group Plc will pay $10 million in fines and $3.9 million in restitution to settle two banking regulators’ claims that the lenders’ U.S. units deceived retail banking customers. more
Fed stress tests show 17 of 18 banks weathering severe slump
The Federal Reserve said 17 of the 18 largest U.S. banks could withstand a deep recession and maintain capital above a regulatory minimum, a sign of how higher standards and supervisory prodding are strengthening the financial system. more
Initial jobless claims in U.S. rose last week to 361,000
The number of Americans filing first-time claims for unemployment insurance payments rose for the first time in five weeks, a sign further improvement in the labor market depends on faster economic growth. more
Fed’s Rosengren backs bond buying through ’13 to lift growth
Federal Reserve Bank of Boston President Eric Rosengren said he wants to continue the central bank’s bond purchases through year’s end and raise or lower the pace in response to economic data. more
State regulators OK sale of Westerly Hospital
The sale of Westerly Hospital for $69 million to Lawrence + Memorial Hospital of New London, Conn., was approved today by state regulators, the first such hospital sale approved under the expedited review process of the revised Hospital Conversions Act. more
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