Government
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More than half the people who bought insurance through new Obamacare exchanges were previously uninsured, according to a survey that runs counter to reports earlier this year. more
The General Assembly voted Wednesday evening to raise Rhode Island’s minimum wage to $9 per hour beginning Jan. 1, 2015. more
Peter M. Marino, director of the R.I. Office of Management and Budget, has been named as the next CEO of Neighborhood Health Plan of Rhode Island. Merrill Thomas, chairman of Neighborhood’s board of directors, said Marino’s past experience both in and out of government was one determining factor in the board’s decision. more
General Electric Co., which is working to refine its offer for Alstom SA’s energy assets, will present new terms on Thursday as it seeks to thwart a counter bid by Siemens AG, said two people familiar with the matter. more
Wal-Mart Stores Inc. and Costco Wholesale Corp. are among six major retailers that reached an agreement with New York’s attorney general to add information to websites and mobile applications that will allow shoppers to compare prices by unit. more
The R.I. Department of Revenue collected $7 million more than expected in May, resulting in a 3.2 percent monthly total general revenue surplus compared with the state’s original revenue projections, the department reported Tuesday. more
The R.I. Senate on Monday approved the $8.7 billion state budget for fiscal 2015 by a vote of 32-5, submitting for the governor’s signature a spending plan that cuts the state’s corporate and estate taxes, provides for repayment of the 38 Studios bonds, eliminates the Sakonnet River Bridge tolls and adds $33.4 million in education funding. more
JPMorgan Chase & Co. engaged in a “pattern of discriminatory” lending that led to foreclosures, the city of Miami said in a lawsuit filed last week in federal court, the latest in a series of similar claims against the nation’s largest banks. more
(Updated, June 17, 10:16 a.m.) A Boston-area laboratory-space firm has partnered with local medical investors to propose a life sciences accelerator on the former I-195 land known as The Link. more
Hotel workers and their supporters said Monday afternoon that three or more of them will begin a hunger strike if the R.I. Senate passes a state budget that bans municipalities from individually voting to raise the minimum wage. more
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