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Hasbro Inc. will pay $72.9 million in royalties to Johnson Research & Development Co., the licensor of the toymaker’s line of Nerf guns, after an arbitration hearing over the terms of a license agreement between the two companies. more
Businesses will be able to discuss regulations affecting them with the government officials responsible for enforcing the laws and codes at the seventh annual We Mean Business Expo next month. more
Slow, modest growth characterized the past year in the Rhode Island lodging and restaurant industries, and more of the same is forecast for 2014, according to experts speaking at the Rhode Island Hospitality Association’s 10th annual Economic Outlook Breakfast held Thursday. more
Bank of America Corp. must face a trial next month in a lawsuit alleging the bank’s Countrywide unit defrauded Fannie Mae and Freddie Mac by selling them billions of dollars in bad mortgages, a federal judge ruled. more
The Rhode Island Foundation has announced the final $150,000 in awards stemming from its year-long “Make It Happen RI” economic development initiative. more
The Community College of Rhode Island has received a $271,023 grant to continue piloting STEM Connect, an enrollment partnership program in science, technology, engineering and math for the state’s high school students. more
Oct. 1 is fast approaching. By the start of next month, the Affordable Care Act requires most employers to have provided all employees, regardless of whether they are part- or full-time and enrolled in the company’s health care plan, with information about the health insurance marketplace. more
Rhode Island has secured a $10 million U.S. Department of Transportation grant to rebuild the road system around Apponaug Village in Warwick. more
The R.I. Executive Office of Health and Human Services announced Monday that it has contracted with Neighborhood Health Plan of Rhode Island and CareLink Inc. to provide long-term care services for individuals with dual eligibility in both Medicare and Medicaid. more
Local food nonprofit Hope & Main broke ground Friday on the state’s first food business incubator in Warren. more
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