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The R.I. Division of Taxation has launched a new special investigations unit to crack down on tax fraud. more
Schneider Electric has recalled 15 million APC surge protectors due to fire hazard, the U.S. Consumer Product Safety Commission reported Thursday. more
The share of banks more willing to lend to consumers has been declining, a trend that threatens retail-sales growth. more
Japonica Partners & Co., the U.S. investment firm that offered to buy as much as 4 billion euros ($5.5 billion) of Greek government bonds, expects yields on the securities to drop to 5 percent early next year, a level last seen in 2009. more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose 0.4 percent in August to 122.8 from 122.3 in July. more
Financial conditions tightened after the first face-to-face talks between President Barack Obama and congressional leaders failed to break the budget logjam as a partial U.S. government shutdown entered its third day. more
The R.I. Economic Development Corporation’s Enterprise Zone Council voted Oct. 1 to approve Pawtucket’s request to designate a second enterprise zone in the city, The Pawtucket Times reported. more
GreenBytes Chairman and CEO Stephen O’Donnell has resigned from the company effective Sept. 27, according to a statement that appeared on U.K. technology news website Register on Sept. 30. more
Service industries in the U.S. expanded in September at a slower pace than forecast, indicating a pause in the momentum of the biggest part of the economy before the federal government shut down. more
Standard & Poor’s has raised East Providence’s general-obligation debt rating from BB+ to A, Gov. Lincoln D. Chafee and R.I. Department of Revenue Director Rosemary Booth Gallogly announced Wednesday. more
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