Government
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At an award ceremony held Tuesday, North Smithfield Town Administrator Paulette Hamilton accepted $7,500 and three commemorative street signs on behalf of the town as Rhode Island’s first municipality to complete the Rhode Island Energy Challenge, a community campaign jointly managed by National Grid and the nonprofit SmartPower to promote household energy efficiency. more
The R.I. Department of Revenue has collected $2.06 billion in general revenue during the fiscal year through February, including $172 million in last month alone, the agency reported Tuesday. The monthly report was released the same day as a Tax Foundation study ranking U.S. states according to their state and local sales tax rates was released. more
The biggest U.S. banks are about to learn whether they can pay out more than $75 billion in excess capital to investors as the Federal Reserve completes stress tests of their ability to survive new economic calamities. more
Five Rhode Island public schools will take part in a regional conference in Norwood, Mass., focused on strategies to improve teaching and learning. more
Bristol County Savings Bank is supporting the region’s clean energy initiatives with a $45,000 commitment to the New Bedford Wind Energy Center, the bank announced. more
The results of a two-year study conducted by the R.I. Division of Taxation show that the state could have collected between $21.5 million and $44.4 million more in corporate taxes in 2012 under a combined reporting tax structure. more
The American equity rally that just turned 5 years old is starting to match the 1990s Internet bubble when it comes to its speed. more
Like the owls that deliver packages and carry messages in Harry Potter’s world, drones are about to become commonplace in ours: small, flying objects perfectly engineered to drop off burritos, pick up prescriptions and photograph revolutions. Within the next three years, drone-driven commerce will amount to $13.6 billion and create 70,000 new jobs, an industry trade group estimates. more
PROVIDENCE – State Sens. Harold M. Metts and Juan M. Pichardo, both Providence Democrats, are urging Attorney General Peter F. Kilmartin to commit a portion of the $230 million in Google settlement funds received by Rhode Island to funding re-entry programs for ex-offenders. more
BOSTON – The Mass. Executive Office of Labor and Workforce Development said last week the state added 55,200 jobs in 2013, with private-sector job gains of 54,400. According to a statement, the gain represented the largest number of jobs created in a December-December period since 2000. more
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