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Bank of America Corp., the second- biggest U.S. lender, divested a $1.3 billion credit-card portfolio after SLM Corp. chose Barclays Plc. for its college-savings program.
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By Margaret Collins and Hugh Son
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Retail sales in the U.S. fell in May for a second month, prompting economists to cut forecasts for economic growth as limited job and income gains hold back consumers.
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By Shobhana Chandra |
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The Matlet Group won a Fast 50 Asian American Business Award from the U.S. Pan Asian American Chamber of Commerce.
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By PBN Staff
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The Washington Trust Co. collected more than six tons of peanut butter during this year’s annual drive, bringing the bank’s 12-year total to more than 100 tons of peanut butter.
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By PBN Staff
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On Tuesday night, youth teams pitched their social enterprise ideas at the Young Social Innovators Pitch and Graduation Ceremony at the MET School’s Center for Innovation and Entrepreneurship in hopes of winning $1,000 in seed funding.
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By PBN Staff
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Woonsocket is facing possible receivership after state lawmakers and Gov. Lincoln D. Chafee failed to agree on a supplemental tax package to repair the city’s finances before the end of this year’s legislative session Tuesday night.
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By Patrick Anderson |
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Fitch Ratings – a globally recognized rating agency – has affirmed an “A+” grade to the Rhode Island School of Design’s $61 million in higher education facilities revenue refunding bonds and rated the outlook stable.
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By PBN Staff
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U.S. stocks advanced, rebounding from yesterday’s decline, amid speculation the Federal Reserve will take steps to stimulate the economy and after the European Central Bank endorsed a plan to guarantee bank deposits.
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By Rita Nazareth |
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KVH Industries Inc. has appointed Athens-based KB Impuls Hellas as its new marine distributor in Greece.
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By Emily Greenhalgh |
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Patrick Laverty, leader of the Rhode Island chapter of the Open Web Application Security Project, talks to about Web security and OWASP’s new Ocean State chapter.
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By Emily Greenhalgh |