Government
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Up until the last five years, only a few cities in the world were home to their own for-profit startup accelerators and even fewer could offer evidence of whether the entrepreneurial boot camps would prove sustainable or lucrative. more
Swapping rusted, green steel for the colorful lights and Art Deco-shapes of Pawtucket’s new Interstate 95 Bridge has given city leaders a boost of confidence that other neglected parts of their riverfront can be improved. more
The city this spring will once again apply for a federal transportation grant to fund a new streetcar system between Upper South Providence and College Hill, Providence officials said Friday. more
Bank of America Corp., Citigroup Inc. and Credit Suisse Group AG were among 16 of the world’s biggest banks sued by the U.S. Federal Deposit Insurance Corp. for allegedly manipulating the London interbank offered rate from 2007 to 2011. more
U.S. senators reached an agreement that would restore benefits for the long-term unemployed that expired late last year and that the Obama administration has sought to revive. more
Brown University has awarded the Newport Historical Society a $10,000 grant to support work to document and interpret the university’s founding. more
GTECH S.p.A.’s full-year 2013 revenue declined four-tenths of a percent to $4.23 billion, while net income dropped 22.6 percent to $283.2 million. more
In Maine, the insurer that has enrolled the most Obamacare customers isn’t the state’s well- established Blue Cross Blue Shield plan, owned by WellPoint Inc. It’s WellPoint’s only rival: Maine Community Health Options, a startup that didn’t exist three years ago. more
Some U.S. workers who are deemed ineligible for overtime compensation under what’s known as the “white-collar exemption” would be able to collect extra pay under revised regulations President Barack Obama plans to order tomorrow, according to a White House official. more
Rhode Island’s combined state and federal top marginal tax rate on personal dividends income, currently 28.6 percent, ranks as the 20th highest rate in the country, according to a study published by the Tax Foundation on Tuesday. more
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