Financial Services
636 results total, viewing 1 - 10
Bank of America Corp.’s $8.5 billion settlement with mortgage-bond investors will be delayed almost two weeks after American International Group Inc. and other objectors asked a judge for a hearing to address loan modifications excluded from the accord. more
Acting executive director of the Rhode Island Higher Education Assistance Authority talks about the advantages of Rhode Island’s CollegeBoundfund. more
Regional and state unemployment rates changed little in September, according to the U.S. Bureau of Labor Statistics, and Rhode Island is an example, as it has maintained a 7.6 unemployment rate since August. more
An assessment of the 38 Studios LLC moral obligation bond debt service conducted by SJ Advisors concluded that failure to repay the bonds would probably result in a downgrade of Rhode Island’s bond rating to “junk bond” status. more
Long-term health care costs in Rhode Island have risen more rapidly over the past five years than in the United States as a whole and can cost as much as 40 percent more each year than the national average, according to the Genworth 2014 Cost of Care Survey released Monday. more
WalletHub, the personal finance social network, released a study looking at the rates at which S&P 100 companies are taxed at the state, federal and international levels. more
With a relaxed, tech-sector optimism, Betaspring has come to embody the Providence startup scene at a time when Rhode Island is searching for an entrepreneurial antidote to the failure of 38 Studios LLC. more
Imagine a company that allows its employees to take nothing in salary this year in exchange for promissory notes to pay them twice as much in 10 years. Although there would be no immediate cash outlay, the company would still be required to accrue expenses reflecting the promises. more
(Updated, 3:19 p.m.) Gov. Lincoln D. Chafee on Tuesday issued a statement defending the need for Rhode Island to repay the 38 Studios moral obligation bonds and criticizing gubernatorial candidates Cranston Mayor Allan W. Fung and Ken Block, who have voiced opposition to repayment. more
Fidelity Investments will lay off 460 employees in Kentucky and Texas over the next 12 to 18 months following the outsourcing of the company’s printing and mailing operations. more
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