Regulation
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Medicare tax to increase for S-corporations
S-corporations have come under scrutiny by both federal and state tax officials who worry about attempts to dodge paying additional Medicare taxes. State tax officials, however, have seen no evidence they are being used as tax shelters. more

By Michael Souza
PBN Staff Writer | 9/24/12

Lowney named Mass. Victim Assistance director
BOSTON – Liam Lowney, a victim-service provider and advocate, has been appointed executive director of the Mass. Office for Victim Assistance. more
9/24/12
Seafood landings reach 17-year high in 2011
U.S. seafood landings reached a 17-year high in 2001, according to a report released Wednesday by the National Oceanic and Atmospheric Administration. more
| 9/19/12
Chafee announces accelerated regulation review plan
At the sixth annual “We Mean Business Expo” on Tuesday, Gov. Lincoln D. Chafee announced his plans to make it easier for small businesses to be successful in Rhode Island. more
| 9/18/12
Textron’s Bell Helicopter makes ‘safest companies’ list
Bell Helicopter, the Fort Worth, Texas-based subsidiary of Textron Inc., was named one of America’s safest companies by EHS Today, a magazine for environment, health and safety leaders, Textron announced Friday. more
| 9/14/12
Cuts in defense, Medicare could mean fewer jobs for R.I.
Rhode Island could lose up to $82 million and more than 3,000 jobs due to sequestration in defense and Medicare spending, respectively, according to reports released by the Center for Security Policy and the Hospital Association of Rhode Island. more
Moody’s says U.S. faces Aaa cut without budget deal in 2013
Moody’s Investors Service said it may join Standard & Poor’s in downgrading the U.S.’s credit rating unless Congress next year reduces the percentage of debt-to-gross-domestic-product during budget negotiations. more
Nuclear energy must be in New England’s power mix
Calls by former Citigroup Inc. CEO Sanford Weill and others to break up the big banks reflect lingering public fear and anger toward financial institutions that seem too big to fail. more
Guest Column: Phillip Swagel | 9/10/12
Judge approves Central Falls bankruptcy plan
(Updated, Sept. 7, 9 a.m.) Central Falls took its first steps away from bankruptcy Thursday as Judge Frank Bailey affirmed the city’s Chapter 9 debt adjustment plan. more
R.I. awarded $2.2M for cancer care, screenings
Rhode Island will receive $2.19 million in federal U.S. Centers for Disease Control and Prevention funds to help improve early detection and treatment of cancer, U.S. Sen. Jack Reed announced Thursday. more
| 8/30/12
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