Updated July 2 at 5:02pm
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An investor in two large Bay State health care companies involved in separate mergers said he doesn’t expect the U.S. Treasury’s recently announced measures aimed at cracking down on corporate tax inversions to derail those plans, the Boston Business Journal reported. more
July’s hotel, meal and beverage tax collections increased over June’s numbers, and also bested the numbers posted in July 2013, according to information released by the R.I. Department of Revenue. more
NEW YORK - Hasbro Inc., seeking to make gains on Mattel Inc. in the market for girls’ toys, will develop dolls based on Walt Disney Co. princesses and the characters from last year’s blockbuster “Frozen.” more
Amica Insurance received the highest score among homeowner insurers in J.D. Power’s 2014 U.S. Household Insurance Study released last week, marking the 13th year in a row that Amica has ranked highest in customer satisfaction. more
The share of mortgage lending to minority borrowers fell to at least a 14-year low as U.S. regulators struggle to ease credit to blacks and Hispanics shut out of the housing recovery. more
(Updated, 5:20 p.m.) Citizens Financial Group Inc., the U.S. subsidiary of Royal Bank of Scotland Group PLC, raised $3 billion in its initial public offering, pricing the shares below the marketed range. more
Newport Harbor Corp. has sold the Newport Yachting Center on the city’s waterfront to Peregrine Group LLC for an undisclosed price, the company announced Tuesday. more
The 118-year-old Carey School stopped operating as a school in 2009. It is being redeveloped by Boston-based Arch Street Development LLC, which specializes in redevelopment, adaptive reuse and historic building preservation in the Northeast. more
Dignitaries on Tuesday celebrated a grand opening of Alex and Ani Hall, a $17 million renovation of a 1958 Rhode Island College campus building that reopened to students at the start of this fall semester. more
Passenger traffic at T.F. Green Airport declined for the eighth consecutive month in August, registering 332,246 travelers, a drop of 6.85 percent compared with August 2013, according to the latest report released by the R.I. Airport Corporation. more
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