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Royal Bank of Scotland Group PLC, Britain’s biggest government-owned lender, hired Ewen Stevenson from Credit Suisse Group AG as chief financial officer. more
Rhode Island ranks among the worst states for transparency of government spending data, according to a study by the U.S. Public Interest Research Group Education Fund released Tuesday. Rhode Island’s overall score of 62 out of a possible 100 earned the state a grade of D+ and ranked Rhode Island as the ninth least-transparent state in the country. more
(Updated, 4:32 p.m.) Webster Financial Corp., parent company of Webster Bank, N.A., reported net income of $47.8 million in the first three months of 2014, an increase of 2.2 percent compared with the same period last year. more
The U.S. military has sent Congress a $36 billion wish list for equipment and operations that aren’t in the Pentagon’s official budget for the coming fiscal year. more
With the onset of spring, New England businesses are relying on improved consumer confidence and higher sales to drive economic recovery after a difficult first quarter affected by severe winter weather, according to the Federal Reserve Board’s Beige Book released Wednesday. more
Single-family home sales in Massachusetts fell for the fourth time in the last five months in March, according to The Warren Group, even as prices rose. more
Rhode Island’s economic outlook ranked No. 41 among the 50 U.S. states according to the 2014 ALEC-Laffer State Economic Competitiveness Index released Tuesday by the American Legislative Exchange Council. Rhode Island’s ranking at No. 41 in the 2014 report was an improvement over last year, when the Ocean State landed at No. 45. more
The price for a gallon of gasoline averaged $3.53 in Rhode Island for the first three months of 2014, according to an analysis by GasBuddy.com. more
The R.I. Department of Revenue collected $10 million more in March than during the same month last year, driven by increased public utility and insurance company tax receipts as well as estate and transfer taxes, the department reported Monday. more
U.S. Sens. Jack Reed and Sheldon Whitehouse and U.S. Rep. James R. Langevin on Monday announced a new $800,000 federal grant for infrastructure upgrades at the Port of Davisville designed to increase Rhode Island’s port capacity and improve cargo shipment flexibility for companies headquartered in Quonset Business Park. more
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