ROCKVILLE, Md. – The Nuclear Regulatory Commission has proposed an $11,200 civil penalty for East Providence firm Geisser Engineering Corp. for performing work at both a federal facility in the state and in Connecticut without obtaining proper permission.
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.
GTECH S.p.A. announced Monday that U.S. authorities have approved early termination of the required antitrust waiting period related to GTECH’s pending acquisition of Las Vegas-based International Game Technology Inc.
Alstom SA CEO Patrick Kron called on the French government to back a $17 billion offer by U.S. rival General Electric Co. for its energy units, saying uncertainty about his company’s future is making it difficult to win orders.
(Updated, 1 p.m.)
Bank of America Corp. agreed to pay about $16.7 billion to end federal and state probes into mortgage bond sales, the harshest penalty yet related to loans that fueled the 2008 financial crisis.
By David McLaughlin, Tom Schoenberg and Hugh Son Bloomberg News
Bank of America Corp. is nearing a settlement with the U.S. Justice Department after raising its proposed offer to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis, according to people familiar with the talks.
By Keri Geiger, Tom Schoenberg and Hugh Son Bloomberg News
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.