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Warwick pensions labeled ‘critical’
City actuaries have labeled Warwick’s Police and Fire I pension plan as “critical,” according to a letter circulated by Warwick City Councilman Joseph Solomon. more
| 5/22/12
Small businesses oppose any rate hike by health insurers
Lt. Gov. Elizabeth H. Roberts began testimony on the 2013 rate hike requests by Rhode Island’s commercial health insurers by offering that “business people often have the least opportunity to have their voices heard.” more
Residents face Jan. 18 deadline for mortgage claims
Rhode Islanders who lost their primary residence due to an improper foreclosure process between Jan. 1, 2008 and Dec. 31, 2011 face a Jan. 18 deadline to file a claim under the $25 billion National Mortgage Settlement. more
| 1/11/13
Report: Improving biz climate requires ‘sustained, cooperative partnership’
Improving Rhode Island’s business climate will require a “sustained, cooperative partnership,” according to Senate President M. Teresa Paiva Weed. The Rhode Island Senate and the Rhode Island Public Expenditure Council released a report on Tuesday issuing recommendations on how to improve the state’s business rankings. more
| 1/15/13
Business formations, closures both rise in 2012
For the first time since 2006 to 2007, Rhode Island saw two consecutive years of business growth, as 7,121 new corporate entities registered in the Ocean State in 2012 after more than 6,800 new businesses filed in the Ocean State in 2011. more
| 1/30/13
Banks contest BofA’s $8.5B Countrywide settlement
Three Federal Home Loan Banks and a fourth financial institutions filed court documents on Friday against Bank of America Corp.’s $8.5 billion agreement to settle claims related to mortgages issued by its Countrywide unit, The New York Times reported. more
| 2/4/13
Newport Shipyard to pay fine, lower emissions in EPA settlement
Newport-based American Shipyard Co. LLC, which does business as Newport Shipyard, has been fined $31,000 in a Clean Air Act settlement with the U.S. Environmental Protection Agency. more
| 2/27/13
U.S. stock futures drop as Cyprus bank levy renews euro concern
U.S. stock-index futures fell as euro-area leaders imposed a levy on Cypriot bank deposits to cut the cost of a bailout, sparking concern the measure may one day be used in the bigger economies of Spain or Italy. more
Helping CVS Caremark navigate changing industry
The U.S. health care industry is in the midst of unprecedented transition. Implementation of the Patient Protection and Affordable Care Act is poised to significantly alter the country’s health care delivery system. Add to that an aging population, a growing incidence of chronic diseases and a shortage of primary care physicians, and it becomes clear that we’re in for an industrywide shift. more
By Sarah Parsons
Contributing Writer | 4/8/13
EpiVax creates recipe for novel vaccine approach to new flu strain
An analysis of the new strain of what’s being called Shanghai bird flu, conducted by Dr. Anne S. De Groot and her team of researchers at EpiVax Inc., has concluded that there may be the need to develop a new vaccine to combat a potential devastating outbreak of the disease. more
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