(Updated 12:02 p.m.) Former R.I House Speaker Gordon D. Fox has been charged with three felonies – bribery, wire fraud and filing a false tax return – and pending court approval of a plea agreement, he could spend up to three years in prison, according to U.S. Attorney Peter F. Neronha.
(Updated, 12:55 p.m.)
Santander Bank has reached an agreement to change the way it screens applicants of checking and savings accounts amid concerns the current practice is slanted against low-income consumers.
(Updated 3:54 p.m.) State Rep. Joseph S. Almeida, 57, of Providence was arrested by State Police Tuesday on a felony charge relating to unlawful appropriation of campaign contributions, the state agency announced.
Rhode Island defeated a legal challenge from OppenheimerFunds Inc. to its plan to sell $594 million of debt backed by payments from tobacco companies that agreed in 1998 to reimburse states for expenses associated with smoking-related illnesses.