Regulation
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RBS CEO expects to pay over Libor manipulation
Royal Bank of Scotland Group PLC, Britain’s biggest taxpayer-owned lender, said it expects to pay a fine in the coming months to settle regulators’ probes into allegations the lender tried to manipulate Libor. more
Owners of New Jersey hospitals offer unsolicited bid for Landmark
Landmark Hospital Holdco LLC, owned by the principals of Bayonne Medical Center, Hoboken University Medical Center and Christ Hospital in New Jersey, submitted a bid on Nov. 1 to buy Landmark Medical Center in Woonsocket. more
General Assembly earns a ‘B-’ on Environment Council’s green report card
Rhode Island’s General Assembly scored a “B-” on its environmental legislation for the 2011-2012 session, according to the Environment Council of Rhode Island’s biannual Green Report Card. more
| 11/1/12
R.I. named to state health honor roll
Rhode Island was one of seven states and the District of Columbia to be named to the Asthma and Allergy Foundation of America’s State Honor Roll. more
| 10/17/12
Chafee plans review of economic-development proposals
Gov. Lincoln D. Chafee on Thursday met with top government, business, labor and nonprofit leaders about changing Rhode Island’s public-sector economic-development efforts, but offered no timeline or certainty to when any changes might take place. more
AVX to pay $366M for New Bedford Harbor cleanup
The U.S. Environmental Protection Agency and the Mass. Department of Environmental Protection reached a settlement with AVX Corp. for $366.25 million plus interest to pay for the cleanup of the Superfund site in New Bedford Harbor, the largest single site cash settlement in the history of the Superfund program. more
| 10/10/12
Blue Cross fined $250K for unfair practices in large group market
R.I. Health Insurance Commissioner Christopher F. Koller issued an order Friday that found Blue Cross & Blue Shield of Rhode Island had engaged in unfair and discriminatory practices in large group markets. more
Tax changes go into effect on Monday
The R.I. Division of Taxation is reminding retailers and consumers of three major sales tax changes going into effect on Monday, Oct. 1. more
| 9/28/12 | 1 comment
As Steward withdraws, Prime Healthcare to be Landmark buyer
Three days before the Sept. 30 deadline was to expire, Steward Health Care issued a statement late Thursday afternoon officially announcing it had terminated the asset purchase agreement to acquire Landmark Medical Center. more
Providence ranked 15th in U.S. for favorable business tax structure
Among a survey of 73 U.S. cities that offer the most favorable tax structures for businesses, Providence ranked 15th overall. more
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