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Royal Bank of Scotland Group PLC posted the biggest full-year loss since its bailout in 2008 as CEO Ross McEwan outlined plans to return what he called the industry’s least-trusted lender to profit. more
Before Charlie Enright and Mark Towill could sail through the Southern Ocean’s gales in the round-the-world Volvo Ocean Race, they needed help from a Disney movie, a Turkish medical devices company and a business plan. more
Cumberland pet food distributor Pet Food Experts Inc. has reached an agreement with the city to buy a building on Main Street in downtown Pawtucket and move its corporate offices there. more
Companies added fewer workers than projected in February, a sign that U.S. employers were waiting for a pickup in demand before boosting headcount, a private report based on payrolls showed today. more
The index of U.S. leading indicators climbed in January, an indication the economy will bounce back after winter storms damped economic growth at the beginning of 2014. more
U.S. stocks rose, as the Standard & Poor’s 500 Index rebounded from a nine-week low, as data showed durable-good orders and home sales increased more than forecast and consumer confidence rose. more
R.I. Public Transit Authority ridership totaled 19.7 million passengers in 2013, an increase of 1.25 percent over the 19.5 million passengers recorded in 2012, according to a report by the American Public Transportation Association. more
Purchases of previously owned homes climbed in December for the first time in five months as job gains and healthier household balance sheets helped Americans adjust to higher mortgage rates. more
The Social Enterprise Ecosystem for Economic Development Summit has added former Clinton policy adviser Ira C. Magaziner to its lineup of keynote speakers for the annual event, to be held this year on April 25-26 at Brown University. more
Thursday, Jan. 23, is the deadline to submit preliminary proposals for the R.I. Science & Technology Advisory Council’s 2014 Collaborative Research Grant Awards program. more
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