Updated April 1 at 8:01am
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Small businesses would be able to write off capital purchases more quickly under a $73.1 billion tax reduction passed Thursday by the U.S. House of Representatives. more
The Washington Trust Co. collected approximately 10,000 pounds, or more than five tons, of peanut butter during its 14th annual Washington Trust Peanut Butter Drive to benefit the Rhode Island Community Food Bank and other food pantries across the state. more
Duffy & Shanley’s public relations team has won four awards through The Publicity Club of New England’s annual Bell Ringer Awards, announced June 9. more
The United States is preparing to sue Bank of America Corp. amid an impasse in talks to resolve government probes of the lender’s sale of mortgage-backed bonds before the financial crisis, a person familiar with the matter said. more
The four health insurance companies doing business in Rhode Island have filed their 2015 insurance rate requests with the R.I. Office of the Health Insurance Commissioner, and the period for public comment has begun. more
The U.S. economy probably contracted even more in the first quarter than currently estimated as spending on health-care services unexpectedly dropped, according to analysts at JPMorgan Chase & Co. and Pierpont Securities LLC. more
The University of Massachusetts board of trustees finance committee voted unanimously on Wednesday to approve a tuition and fee freeze for in-state undergraduate students for a second consecutive year. more
The R.I. General Assembly on Tuesday passed two new laws to streamline the state’s regulatory reform process and eliminate statutes exempting certain rules and regulations from review. more
Rhode Island’s gross domestic product grew 1.4 percent in real terms in 2013, according to data released Wednesday by the U.S. Bureau of Economic Analysis, ranking the Ocean State 33rd in the country for economic growth during the year. more
United Natural Foods Inc., a national distributor of natural, organic and specialty food products, saw its bottom line rise 15.1 percent during its fiscal third quarter to $36.4 million, or 73 cents per diluted share, compared with $31.6 million, or 64 cents per diluted share, for the same period last year. more
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