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A U.S. District Court judge has ruled that High Rock Westminster Street LLC’s lawsuit against Bank of America Corp. will continue after determining High Rock does not owe the bank reimbursement for the $350,000 Bank of America paid to have High Rock remove its personal property from the now-vacant 111 Westminster St. office tower. more
U.S. stocks rebounded, with the Standard & Poor’s 500 Index erasing declines for the week, as signs tensions are easing in Ukraine outweighed concern over crises in the Middle East. more
Downgrading Rhode Island’s economic momentum from “precarious” to “tenuous,” University of Rhode Island economist Leonard Lardaro said June’s Current Condition Index “shatters the notion” of economic progress the state seemed to be making. more
Royal Bank of Scotland Group PLC is considering selling the international arm of its Coutts private bank as it shifts its focus to wealthy clients in the U.K. more
U.S. stocks rose, after the Standard & Poor’s 500 Index had its best day in five months, amid optimism that tension between Russia and Ukraine will ease and American airstrikes will push back militants in Iraq. more
In a case brought before U.S. District Court, Foxwoods Resort Casino has refused to pay three customers who claim the casino owes them nearly $1.2 million in winnings plus damages, The Day reported Monday. more
Citizens Financial Group Inc. on Monday announced the appointment of LPL Financial Chairman and CEO Mark Casady and Royal Bank of Scotland Group non-executive director Robert Gillespie to its board of directors. more
Rhode Island has one of the best processes in the country for predicting how much revenue the state will bring in, making it more likely that the state will have a reliable estimate on which to build its budget, according to a report released Friday by the Center on Budget and Policy Priorities. more
(Updated, 8:51 a.m.) IBM Corp. announced Monday that it has acquired Lighthouse Security Group LLC, a cloud-security services company and subsidiary of Lighthouse Computer Services Inc., for an undisclosed sum. more
President of Crown Supply Co. discusses the company and the contracting industry have changed in the last 30 years. more
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