Government
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Secretary of State A. Ralph Mollis is bringing business owners, entrepreneurs, industry leaders and government officials together during the eighth annual “We Mean Business” expo on Sept. 3. more
(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. more
Bank of America Corp.’s record settlement with the Justice Department over the sale of mortgage bonds in the run-up to the 2008 financial crisis will be announced as soon as Thursday, two people with knowledge of the matter said. more
When President Barack Obama visits Rhode Island later this month, he will dine on local and regional cuisine created by one of the state’s top chefs. more
The Governor’s Workforce Board is conducting a comprehensive survey of employers as summer winds to a close as part of its work on the state’s second Biennial Employment and Training Plan. more
U.S. Sens. Jack Reed and Sheldon Whitehouse and Rep. James R. Langevin on Thursday announced $772,000 in federal grant funding for safety, training and communications equipment upgrades in the Warwick and Johnston fire departments. more
As a result of the state’s early repayment of its federal unemployment insurance loan, Rhode Island businesses will save $95 million in federal UI tax payments and interest through 2016, according to data released Tuesday by R.I. Department of Labor and Training Director Charles J. Fogarty. more
Rhode Island has one of the best processes in the country for predicting how much revenue the state will bring in, making it more likely that the state will have a reliable estimate on which to build its budget, according to a report released Friday by the Center on Budget and Policy Priorities. more
In a case brought before U.S. District Court, Foxwoods Resort Casino has refused to pay three customers who claim the casino owes them nearly $1.2 million in winnings plus damages, The Day reported Monday. more
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. more
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