Gov. Lincoln D. Chafee and General Treasurer Gina M. Raimondo have reached an agreement with representatives of government workers and retirees to soften the effects of the 2011 state pension overhaul, they announced Friday.
BOSTON – A real estate developer who allegedly took thousands of dollars in advance payments for new, single-family homes that were never constructed has repaid more than $525,000 to affected Massachusetts homebuyers, and has been permanently required to protect any future consumer deposits, Attorney General Martha Coakley announced.
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.
Walgreen Co., armed with a new patent, sued Rite Aid Corp., CVS Caremark Corp. and Shopko Stores Inc., claiming they’re misappropriating its technology for refilling prescriptions with mobile-phone scanners.
By Dawn McCarty
and Phil Milford Bloomberg News
Bank of America Corp.’s Countrywide unit should pay the maximum of $2.1 billion in penalties for selling defective mortgage loans to Fannie Mae and Freddie Mac in the run-up to the 2008 financial crisis, the U.S. said.
By Phil Milford and Edvard Pettersson Bloomberg News
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.