Updated February 27 at 3:27pm
Local News
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Medicare paid almost 4,000 doctors and medical providers more than $1 million apiece in 2012, including seven who received more than $10 million. Eye doctors were among the highest compensated, including one Florida ophthalmologist who received $21 million. more
Richard P. Baccari will step down as president and CEO of Churchill & Banks Companies LLC, turning over the operations to his son, Richard Baccari II. more
The Pawtucket Country Club has been purchased by three members for an undisclosed price. more
Paolino Properties, led by developer Joseph R. Paolino Jr., has bought a 100-space parking lot downtown that the developer says could lead to development of a parking garage or “other commercial opportunities.” more
December foreclosure petitions in Massachusetts increased 97 percent compared with the year-earlier period, according to The Warren Group, publisher of Banker & Tradesman. more
The City Council will be asked to approve tax incentives for the proposed rehabilitation of a vacant, five-story building on Custom House Street downtown. more
Americans seeking medical marijuana for anything from pain to seizures must turn to a patchwork of small startups for help as U.S. laws keep traditional pharmacies out of a market that may exceed $6 billion by 2019. more
Royal Bank of Scotland Group PLC, Britain’s largest state-owned lender, plans to cut hundreds of U.S. jobs while shrinking its mortgage-trading business ahead of stiffer capital rules. more
French President Francois Hollande’s government said General Electric Co. improved its proposal for Alstom SA’s energy business as Chief Executive Officer Jeffrey Immelt pledged to create new jobs, softening its stance on the U.S. company’s takeover plans. more
Royal Bank of Scotland Group PLC, Britain’s biggest government-owned lender, reached an agreement to end the U.K. Treasury’s dividend access share, bringing the company a step closer to paying dividends. more
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